M&A Deal Summary

OnPoint Group Acquires TrueSource

On May 15, 2019, OnPoint Group acquired business services company TrueSource

Acquisition Highlights
  • This is OnPoint Group’s 1st transaction in the Business Services sector.
  • This is OnPoint Group’s 1st transaction in the United States.
  • This is OnPoint Group’s 1st transaction in New York.

M&A Deal Summary
Date 2019-05-15
Target TrueSource
Sector Business Services
Buyer(s) OnPoint Group
Deal Type Add-on Acquisition

Target

TrueSource

Islandia, New York, United States
TrueSource is a single outsource partner to fulfill every material handling and facility need from doors and docks to material handling and warehouse accessories. TrueSource is based in Islandia, New York.

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Buyer(S) 1

Buyer

OnPoint Group

Perrysburg, Ohio, United States
Category Company
Founded 2001
Sector Business Services
DESCRIPTION

OnPoint Group is a North American provider of management and maintenance services for doors, docks, material handling and warehouse accessories through its industry leading divisions: TFS, Miner, TrueSource, and Concentric. Based in Perrysburg, OH, OnPoint Group has more than 600 technicians in over 80 locations to consistently deliver efficiency, safety and productivity to customers responsible for maintaining multifacility operations.

DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 Curlin Material Handling Solutions

Tampa, Florida, United States

Curlin Material Handling Solutions is an integrator of material handling systems specialty in integration of complex receiving, storage, process conveyor, sortation and loading dock systems. Curlin Material Handling Solutions was founded in 1940 and is based in Tampa, Florida.

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