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New Deal


Announced

CapStreet and HCI-backed Onpoint Industrial Services to acquire CertifiedSafety.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Single Bidder

Acquisition

Domestic

Friendly

United States

Private Equity

Specialty Chemicals

petrochemicals

Majority

Private

Synopsis

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CapStreet and HCI-backed Onpoint Industrial Services, a turnaround management provider, agreed to acquire CertifiedSafety, an oil & energy company. Financial terms are not disclosed. “Bringing together these leading organizations expands our footprint across North America and creates one of the broadest ranges of safety, logistics, and turnaround management services in the industry today. Our combined best practices, deployed by our highly skilled field leadership, provide a single source of support for our customers in all aspects of their maintenance activities,” Liz Crow, Onpoint CEO.

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