I previously owned a black Padded Knife / Multi-Tool Pouch that finally, after many years of use, including multiple deployments to Southwest Asia carrying a Leatherman 300, wore out. I was very happy with it.
I especially appreciated not only how long it lasted, but that it had both Velcro and a snap closure. I used the Velcro closure and the snap closure when carrying my Leatherman, but not actively using it. I used the Velcro closure by itself when actively using my Leatherman, and not moving significant distances and through things that might catch the pouch cover and pull it open despite the velcro.
The black pouch is no longer available, so I ordered two of the tan ones. I have been as pleased with the tan one I am currently using as I was with my original black one. I have the second for another tool/knife or to give as a gift.

I've used one of these since I first enlisted, 14 years later and after multiple deployments it's still my go-to pouch for my multitool. An absolutely quality product.

The pouch is great as knife pouch, flashlight and ferro rod holder ; can also accommodate other small items! Which it was made in the US and not China; I always support US made items first if I can! 🇺🇸

Good fit for a double-stack Beretta M9 9mm mag or a pair of single stack mags for your Walther P5, SIG P6 or HKP7.

Nice to have spares stashed in multiple places and this pouch provides lots of carry options.

I bought this pouch to hold a flip-phone, however it was just a skosh too narrow for my intended purpose. That being said, the pouch is very well made and will make a fine carrier for a knife or small tool. I really like that it is designed to attach to a belt either vertically or horizontally.