Richard A. Gertzman originally founded TestEquity in 1971 as a provider of used equipment that not only looked new, but also was fully functional, fully recalibrated, and supplied with all the accessories and instruction manuals that the original buyer would have received. In the late 1970s, Richard began renting this used equipment and branched out by distributing a few lines of new equipment.
In 1997 Dan Copsey took the reins at TestEquity. At the time, the company was finding that demand for one of its refurbished product lines — environmental chambers — was far outstripping the available supply of used chambers. This prompted TestEquity to leverage its many years of experience in rebuilding and re-engineering these products — the company introduced the first of its own environmental chambers to the market in 1998. In this same year, TestEquity began to expand its rental business while assembling a knowledgeable and experienced outside sales force. Steve Newland joined the TestEquity family as CEO in June 2019.
TestEquity meets the test, tool kit and electronic production supply needs of the aerospace, defense, automotive, electronics, education, and medical industries. We’re partners and trusted advisers to customers that range from Tesla, GE, NASA and GM to Microsoft, Boeing, At&T and Intel. Through hundreds of thousands of test solutions and electronic production supply products and expert consultation, we enable innovation and speed product time to market, while helping to solve tough technical and financial challenges.
Recent acquisitions of JENSEN Tools + Supply, now known as Jensen, and Techni-Tool have led to our position as the trusted single-source provider to our customers. Jensen is now a brand and product line under the Techni-Tool family of solutions.
TestEquity also designs and manufactures the industry’s highest-quality environmental test chambers onsite at our California headquarters. Our manufacturing process allows us to design to the most-requested specifications using only the highest-quality component parts that have been thoroughly tested and calibrated.
TestEquity supports the entire product lifecycle, maximizing your investment through acquisition choices—new and certified used equipment for purchase, lease and rent—and flexible financing options. With the right product mix and smart choices, including trade-in programs, we help manage your inventory and stretch budgets further.
TestEquity is headquartered in Moorpark, California with satellite offices in North Andover, MA and Worcester, PA.