Investcorp, a global alternative investment company, announced the acquisition of Smart Insider by entering into an agreement to acquire a majority stake in British company Smart Managed Solutions.
The company is known as SMART, specializing in mechanical and electrical facility management services for buildings.
Investcorp’s acquisition of Smart is part of Investcorp’s strategy to expand its investments in sectors with strong and sustainable growth opportunities.
The company’s founders hold a minority stake
According to the announced information, the founders of “Smart” retained a minority stake after the completion of the deal.
This reflected the parties’ confidence in the company’s future and expansion plans.
He did not disclose the financial value or detailed terms of the agreement.
A fast-growing British company
Smart was founded in 2017 and is headquartered in London.
It provided a wide range of specialized services in mechanical and electrical systems, including HVAC systems, and electricity.
The company focused on servicing high-quality commercial buildings, along with specialized sectors that required advanced technical expertise.
Strong presence in strategic sectors
Over the past years, Smart has built a strong position in the UK market. In particular, the company excelled in the life sciences, education and digital infrastructure sectors.
The company has also fueled its growth through the adoption of a data-driven operating model and modern technology. Furthermore, it developed long-term relationships with major companies.
Observers said Investcorp’s acquisition of Smart represented a new step. This move reflected Investcorp’s interest in investing in companies capable of achieving sustainable growth.
