HOUSTON, TX, November 29, 2022– HCI Equity Partners, a leading lower middle-market private equity firm, today announced the sale of OnPoint Industrial Services (“OnPoint” or the “Company”) with Capstreet to MML Capital on November 16, 2022. HCI portfolio company CertifiedSafety previously merged with OnPoint in March 2021 and HCI continued to be involved as a minority investor. Financial terms of the transaction were not disclosed.

OnPoint is a specialized provider of safety, logistics and planning services designed to support complex maintenance activities in the refining and petrochemical industries.  The combination of OnPoint and CertifiedSafety established a premier provider of industrial safety, logistics and turnaround management services in North America.

Dan Dickinson, HCI’s Managing Partner commented, “Merging CertifiedSafety with OnPoint was a pivotal moment for the two companies to become a leading provider of support services for industrial safety projects. OnPoint’s management team were great leaders for the combined Company and we look forward to watching them succeed with MML.”

BlackArch Partners was the financial advisor to Capstreet.

About OnPoint Industrial Services
OnPoint Industrial Services’ offerings are designed to facilitate the safe and efficient flow of people, materials, and equipment during turnarounds and capital projects. By applying people, process, and technology, OnPoint satisfies the logistics requirement of these complex events. For more information, visit onpoint-us.com.