Mill Point Capital has agreed to acquire Total Safety Supplies & Solutions from Total Safety U.S. 

The transaction marks Mill Point’s 20th corporate carve-out and will establish TSSS as an independent platform company. Founded in 1983, TSSS is a value-added distributor of industrial maintenance, repair and operations (MRO) products, personal protective equipment (PPE), fall protection products, and other safety-related consumables. The company serves large industrial customers across the utility, transportation, and downstream sectors through a network of 13 distribution centers, 20 on-site customer stores and more than 850 vendor-managed inventory solutions.

Baird and Moelis & Co. served as financial advisors to Mill Point, while McDermott Will & Schulte acted as legal counsel. Jefferies advised Total Safety on the sale, and Troutman Pepper Locke served as legal counsel to the seller.