{"id":8334,"date":"2022-11-28T06:35:56","date_gmt":"2022-11-28T06:35:56","guid":{"rendered":"https:\/\/mmlcapital.com\/?p=8334"},"modified":"2023-03-07T14:22:23","modified_gmt":"2023-03-07T14:22:23","slug":"mml-invests-in-onpoint-a-specialised-provider-of-industrial-maintenance-support-services","status":"publish","type":"post","link":"https:\/\/mmlcapital.com\/fr\/portfolio-company-news\/mml-invests-in-onpoint-a-specialised-provider-of-industrial-maintenance-support-services\/","title":{"rendered":"MML invests in OnPoint, a specialised provider of industrial maintenance support services"},"content":{"rendered":"\n<p>OnPoint helps its customers make time by providing safety and logistics, project planning and coordination, materials management, transportation, and confined space technology, helping to manage complex maintenance projects more safely and efficiently.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\">Sean Quinn, Managing Director at MML, explains: <\/h6>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cOnPoint has established itself as a leader in this large and growing market, with a highly impressive management team and strong reputation amongst its blue-chip customer base. OnPoint delivers cost savings to plants by reducing the time and man hours required to complete projects.&nbsp; &nbsp;We are excited to continue investing in technology and expanding OnPoint\u2019s capabilities to ensure OnPoint becomes an even more critical relationship for its customers to fully leverage going forward.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>With an established track record of safe and high-quality performance, a large and skilled labour force and recruiting network, and long-term customer relationships, OnPoint has already built a strong market position. Customers hire OnPoint to address their main challenges by facilitating the safe and efficient flow of people, materials, and equipment, supplementing contractors and equipment providers with strategic professional services, and helping reduce the time and amount of labour required to perform the work.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\">Liz Crow, CEO at OnPoint, notes: <\/h6>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe were immediately drawn to MML and their deep sector expertise, industry knowledge and relationships. They have a long and impressive history of making successful investments in the industrial services sector and we are excited to work with Sean, Alex, and Laz to accelerate our value-creation plans and achieve our shared ambitions.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>The MML deal team consisted of Sean Quinn (Managing Director), Alex Blum (Vice President) and Lazbart Oseni (Investment Associate).<\/p>\n\n\n\n<p>MML was advised by Piper Sandler &amp; Co (Sanjiv Shah and Terry Padden), Winston &amp; Strawn (Chris Ferazzi) and Alvarez &amp; Marsal (Rino Nori).<\/p>\n\n\n\n<p>OnPoint was advised by BlackArch Partners (William Cooper and Will Mackvick).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Headquartered in Houston, Texas, USA, OnPoint specialises in industrial safety and maintenance support across the United States. <\/p>\n","protected":false},"author":2,"featured_media":8332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,19],"tags":[133],"class_list":["post-8334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-partnership-company-news","category-portfolio-company-news","tag-onpoint"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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