Houlihan Lokey Advises Blue Point Capital Partners

Houlihan Lokey is pleased to announce the placement of equity co-investment capital to support Blue Point Capital Partners (Blue Point) in its acquisition of National Safety Apparel (NSA). The transaction closed on May 17, 2024.

Houlihan Lokey served as the exclusive placement agent to Blue Point. This transaction highlights the firm’s ability to execute within a limited time frame on a narrow set of fundraising objectives. Importantly, our approach aims to ensure alignment between investors and the sponsor, cultivating mutually beneficial relationships primed for sustained partnership success beyond the immediate transaction.

Headquartered in Cleveland, Blue Point is a private equity firm actively managing more than $1.8 billion in committed capital. With resources in Cleveland, Charlotte, and Seattle, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors while providing the perspectives and resources of a global organization. Blue Point has a more-than-two-decade history of partnering with lower-middle-market businesses to build processes and capabilities to achieve growth. Blue Point’s portfolio is supported by its unique capabilities—which include an integrative team focused on innovative global supply chain, data and digital, and human capital strategies—as well as its extensive experience, network of industry resources, and focused M&A efforts. Blue Point invests in industrial, business services, and consumer companies that generate between $7 million and $50 million in EBITDA.

NSA is a leading provider of branded, high-performance personal protective equipment and safety products for critical-use applications in multiple industries. Founded with a commitment to safeguarding workers across various industries, NSA offers a comprehensive range of flame-resistant clothing, arc flash protection, high-visibility apparel, and thermal protection solutions. NSA focuses on innovation and quality and continuously develops advanced technologies and materials to meet the evolving safety needs of its customers. Serving diverse sectors such as utilities, oil and gas, manufacturing, and firefighting, NSA prioritizes durability, comfort, and compliance with industry standards in its products. Complemented by extensive expertise and customer support, NSA remains a trusted partner in promoting workplace safety worldwide.