Why This Matters to Distributors: The acquisition creates an independent MRO and safety products distributor backed by private equity. The new ownership is expected to support investments in geographic expansion, digital capabilities, and customer growth, adding competitive pressure in the industrial distribution market.
Mill Point Capital has completed its acquisition of Total Safety Supplies & Solutions (S&S) from Total Safety U.S., establishing the industrial safety and MRO distributor as a standalone company.
Terms of the transaction were not disclosed.
Founded in 1983, S&S distributes more than 65,000 maintenance, repair and operations (MRO), safety, and personal protective equipment (PPE) products to customers in the utility, transportation, refining, and industrial markets. The company operates 13 distribution centers and more than 850 customer-site vending machines that provide inventory management services.
Sean Nacey will continue as CEO following the transaction.
Mill Point said it plans to invest in expanding S&S’s customer base, geographic footprint and digital commerce capabilities while building on its existing presence in industrial end markets.
The acquisition marks Mill Point Capital’s 20th corporate carve-out, reflecting the firm’s strategy of acquiring noncore business units and operating them as independent companies.
Baird and Moelis & Co. served as financial advisers to Mill Point, while McDermott Will & Schulte served as legal counsel.
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