Onpoint Industrial Services Merges with CertifiedSafety
April 20, 2021
Onpoint Industrial Services (a portfolio company of The CapStreet Group) merged with CertifiedSafety, Inc. (and its subsidiary Calculated Controls) to create a larger North American provider of industrial safety, logistics and turnaround management services. The transaction was supported by senior debt financing from Stellus Capital Management; The CapStreet Group and HCI Equity Partners remain shareholders in the combined business with Onpoint CEO Liz Crow leading the united company.
- Buyers
- Onpoint Industrial Services, LLC, The CapStreet Group, HCI Equity Partners, Stellus Capital Management, LLC
- Targets
- CertifiedSafety, Inc., Calculated Controls
- Platforms
- Onpoint Industrial Services, LLC
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Addon
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