Mill Point Capital Signs Definitive Agreement to Acquire Total Safety’s Supplies & Solutions Division
Total Safety Supplies & Solutions Enters Next Phase of Growth as a Standalone Platform Business Under Mill Point Capital’s Ownership
Total Safety Supplies & Solutions, Inc. ("TSSS" or the "Company"), a leading distributor of industrial maintenance, repair, and operations (“MRO”) products including safety, and personal protective equipment ("PPE"), announced today that it has signed a definitive agreement to be acquired by Mill Point Capital LLC ("Mill Point"). The acquisition of TSSS, a division of Total Safety U.S., Inc. (“Total Safety”), represents Mill Point’s 20th corporate carve-out and underscores Mill Point’s expertise and advanced capabilities with complex transaction structures.
Founded in 1983, TSSS is a value-add distributor of industrial tools and supplies, including MRO products, PPE, fall protection, and other related safety and consumables serving large industrial end users across the utility, transportation, and downstream sectors. The Company operates a network of 13 distribution centers, 20 on site customer stores and manages a network of more than 850 vendor managed inventory solutions, supported by a portfolio of integrated, technology-enabled procurement services. TSSS maintains long-tenured relationships with marquee customers, supported by customized service offerings and value-added programs that deliver year over year cost savings while streamlining their customers’ indirect spend.
