OnPoint Industrial Services Expands Portfolio with Acquisition of Amerisafe Consulting and Safety Services
June 07, 2024 at 08:15 am
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DEER PARK - OnPoint Industrial Services, a portfolio company of MML Capital Partners, is pleased to announce its strategic acquisition of Amerisafe Group, headquartered in Greensburg, Pennsylvania.
Effective April 1, 2024, this acquisition increases value for both companies by expanding the scope of services available to our customers and creating opportunities for our employees. The terms of the transaction were not disclosed.
Founded in 1994, Amerisafe serves as a trusted partner to more than 200 customers providing best-in-class safety consulting, rescue, and occupational health services across a variety of industries. Over the past 30 years, Amerisafe has developed a diversified base of customers in construction, steel, renewable energy, and electric vehicle industries.
The acquisition has also expanded OnPoint's leadership team, welcoming Joe Schmitt, Josh Shaw and Amber Schmitt, collectively with over 50 years of industry experience to the team. Through this strategic acquisition, OnPoint has reinforced its commitment to deliver a diverse set of indispensable and innovative services with people who are committed to safety and operational excellence.
Liz Crow, the CEO of OnPoint, commented, 'Amerisafe's integration into the OnPoint platform is a significant strategic milestone for our business. Amerisafe will bolster our existing presence in the safety professional market and give us the ability to provide rescue and occupational health services, ultimately benefiting both our existing and new clients. We eagerly anticipate collaborating with the talented team at Amerisafe to grow into the future.'
Steve Luse, the CEO of Amerisafe, shared, 'Our partnership with OnPoint marks an exciting chapter in Amerisafe's journey of growth, and aligns seamlessly with our commitment to delivering exceptional value to our customers. We are thrilled to complement our service offerings with the additional resources, capabilities and scale of the OnPoint platform.'
About OnPoint Industrial Services
Headquartered in Deer Park, Texas, with offices in Texas and Louisiana, OnPoint is the premier provider of industrial plant support services.
About Amerisafe
Headquartered in Greensburg, PA and founded in1994, Amerisafe Consulting & Safety Services is a leading, comprehensive safety services platform in its region with offices in Chicago and Philadelphia.
About MML Capital
MML is an international mid-market private equity investor focused on investing alongside strong management teams and working in partnership with them to deliver their bold expansion plans. Over the last 30 years, MML has successfully invested in 140 businesses from its 4 global offices in New York, London, Paris and Dublin, with EUR2 billion of assets currently under management.
AMERISAFE, Inc. is an insurance holding company that provides workers compensation insurance. The Company is focused on the small to mid-sized employers engaged in hazardous industries, construction, trucking, logging and lumber, agriculture and manufacturing. Construction includes highway and bridge construction, building and maintenance of pipeline and powerline networks, excavation, commercial construction, roofing, iron and steel erection, tower erection and other specialized construction operations. Trucking includes contract haulers, regional and local freight carriers, special equipment transporters and other trucking companies. The Logging and Lumber includes tree harvesting, tree trimming, sawmills, and other operations associated with lumber and wood products. The Companyâs workers compensation insurance policies provide benefits to injured employees for, among other things, temporary or permanent disability, death, and medical and hospital expenses.
AMERISAFE, INC. 
