A capital company headed by Robert Sires – owner of zip tie manufacturer American Elite Molding – acquired Thermosleeve USA.

U.S. Distribution LLC acquired heat shrinkable product supplier Thermosleeve.

Thermosleeve director of business development Tim Bagley said he brings his “30-plus years of experience in sales within the fastener, industrial, electrical, automotive, and retail markets to the team, and look forward to helping grow the Thermosleeve brand throughout all of North America.”

US Distribution is a TRS Capital company. TRS was founded and is headed by CEO Robert Sires. 

Thermosleeve will remain in Cerritos, CA and founder David Levy will oversee the transition and help with growth.  Web: Thermoslev-usa.com

Sires noted TRS owns U.S.-based companies such as US Meltblown and Movita Organics. Web: TRScapital.com