BlackArch Partners Advises on the Sale of OnPoint Industrial Services to MML Capital Partners
BlackArch Partners, LLC is pleased to announce that OnPoint Industrial Services, a portfolio company of Capstreet, has been acquired by MML Capital Partners
CHARLOTTE, NC (December 6, 2022) – BlackArch Partners, LLC (“BlackArch”) is pleased to announce that OnPoint Industrial Services (“OnPoint” or the “Company”), a portfolio company of Capstreet, has been acquired by MML Capital Partners (“MML”).
Headquartered in Deer Park, Texas, OnPoint is a leading specialized provider of safety, logistics and planning services and technologies designed to support complex maintenance activities of industrial businesses. Through acquisitions and organic growth, OnPoint has assembled a comprehensive suite of support services that allow its customers to manage complex maintenance projects more safely and efficiently.
BlackArch was retained by OnPoint and Capstreet to serve as the Company’s exclusive financial advisor. The transaction builds upon BlackArch’s significant momentum in the industrial safety and specialized maintenance services sectors and is a further example of the firm’s ability to drive successful outcomes for high-growth, market-leading businesses.
Liz Crow, Chief Executive Officer of OnPoint, stated, “When we engaged BlackArch, I recognized immediately that we had selected an advisor that had great sector knowledge. However, they put in the work to truly understand what makes our business unique and optimize its positioning to the market. As the process unfolded, BlackArch’s professionalism, dependability and around-the-clock support was invaluable to our entire OnPoint leadership team. BlackArch has earned the confidence and respect of our team, they helped us achieve a fantastic outcome and I would welcome the opportunity to partner with them again.”
Paul De Lisi, Partner at Capstreet, added, “Having partnered with BlackArch multiple times over the past decade, Capstreet values the hands-on, senior-level attention that the firm brings to every transaction. The entire team did a terrific job driving an exceptional outcome for Capstreet and the OnPoint management team in the face of a challenging M&A market. We value the partnership with BlackArch and look forward to working with them again in the future.”
About OnPoint Industrial Services
OnPoint’s services and technology offerings are designed to facilitate the safe and efficient flow of people, materials and equipment during complex maintenance events. With an established track record of safe and high-quality performance, a large and skilled labor force and recruiting network, and long-term customer relationships, OnPoint has established a strong and expanding market leadership position. For more information, visit www.onpoint-us.com.
About Capstreet
Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With over 45 platform investments and over 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue Framework™ to help accelerate growth and profitability, and help create long term sustainable businesses. The majority of Capstreet’s investments have been with founder- or entrepreneur-owned businesses. For more information, visit the Capstreet website, www.capstreet.com.
About MML Capital Partners
MML is an international mid-market private equity investor focused on investing alongside strong management teams and working in partnership with them to deliver their bold expansion plans. Over the last 30 years, MML has successfully invested in 140 businesses from its 4 global offices, with €2 billion of assets currently under management. MML creates value from original thinking, designing deals which enable management teams to take the next step on their journey. MML focuses on a small number of investments where the business case is strong and the chemistry with people is right, and as an independent firm, MML’s Partners take personal responsibility for their part in each investment’s success. In MML’s experience, open minds mean better deals, so they take a fresh approach to every single investment, designing them to perfectly fit people, their unique businesses and personal aspirations. For MML’s investors, its tailored ethos provides access to a unique set of investment opportunities, delivering strong equity returns whilst protecting investor capital. MML has offices in New York, London, Paris, and Dublin. To learn more about MML, please visit www.mmlcapital.com.
About BlackArch Partners
BlackArch is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 400 transactions in 16 countries on four continents. Please visit our website, www.blackarchpartners.com, for more details.Securities offered through BlackArch Securities LLC. Member FINRA and SIPC. Testimonials may not be representative of the experience of all clients. Testimonials are not a guarantee of future performance or success.