Investcorp takes majority stake in Smart Managed Solutions
Context
Investcorp has signed a definitive agreement to acquire a majority stake in Smart Managed Solutions, a UK-based specialist in mechanical and electrical maintenance services for critical buildings and infrastructure. The company's founders will retain a significant minority stake, ensuring managerial continuity and long-term alignment of interests between the parties. The strategic rationale is based on several value creation levers. Firstly, Smart holds a differentiated position in high-criticality segments such as life sciences, digital infrastructure, public institutions, and premium commercial properties. These sectors have recurring specialized maintenance needs and high barriers to entry due to the required technical expertise. The transaction also aims to accelerate the company's future growth through a combination of organic development and external expansion. Investcorp plans to support the group's geographic expansion in the UK, entry into new vertical markets, and enhancement of the company's technological and organizational capabilities. A targeted consolidation strategy is also expected to broaden the service offering and strengthen the group's territorial coverage.
The acquisition of Smart Managed Solutions is part of the growth strategy of Investcorp, which already has several external growth operations under its belt, notably Miebach Logistik in 2025.
Smart Managed Solutions, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of [members only].
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Target
Smart Managed Solutions is a UK-based specialist in technical facility management, focusing on the maintenance and operation of critical infrastructure within commercial real estate assets and high-performance operational environments. Founded in 2017 and headquartered in London, the company has established itself as a leading player in the management of mechanical and electrical (M&E) systems, offering a range of services that include HVAC systems, electrical installations, fire safety, water networks, and gas infrastructure. The company primarily serves premium office buildings and sectors where service continuity is crucial, such as life sciences, higher education, digital infrastructure, and public sector buildings. Its business model is built on preventive and corrective maintenance of critical equipment, ensuring the smooth operation of its clients' activities. Smart Managed Solutions differentiates itself through a strong focus on service quality, operational data analytics, and close client relationships. This strategy has enabled the company to develop long-term partnerships with major real estate managers and prominent end-users. Additionally, the company benefits from a favorable market position, driven by the increasing complexity of buildings, regulatory requirements for energy efficiency, and the growing importance of technical infrastructure reliability.
Ent. Value
$100–350M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (USD)
Other operations with Investcorp
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2026 | INVESTCORP | BERGER FINANCIAL GROUP | UNITED STATES | Wealth & Asset Management |
| 06/2026 | INVESTCORP | METRA | UNITED ARAB EMIRATES | IT Distribution & Channel |
| 06/2026 | INVESTCORP | TRIVIUM ESOLUTIONS | GERMANY | Custom Dev |
| 03/2025 | INVESTCORP | MIEBACH LOGISTIK | GERMANY | Engineering & Consulting |
| 02/2023 | INVESTCORP | NETROM SOFTWARE | NETHERLANDS | Custom Dev |
| 09/2017 | INVESTCORP | IMPERO | UNITED KINGDOM | EdTech & Content |
| 08/2013 | INVESTCORP | TYRRELLS | UNITED KINGDOM | Food Products |
| 06/2006 | INVESTCORP | IPH GROUP | FRANCE | Industrial & Technical Distribution |
| 01/2006 | INVESTCORP | AUTODISTRIBUTION / PARTS HOLDING EUROPE | FRANCE | Retail & Services |
Similar deals in Facility Management
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2026 | CHARTERHOUSE | BATIBIG | FRANCE | Maintenance |
| 07/2026 | OCS | MITIE GROUP | UNITED KINGDOM | Maintenance |
| 06/2026 | GIMV | GROUPE CAP VERT | FRANCE | Landscaping |
| 05/2026 | LOOMIS | HERMES TRANSPORTES BLINDADOS | PERU | Security & Guarding |
| 05/2026 | APOLLO GLOBAL MANAGEMENT / ALPINE INVESTORS | APEX SERVICE PARTNERS | UNITED STATES | HVAC |
| 05/2026 | ISS INTERNATIONAL SERVICE SYSTEM | TOMAGRUPPEN | NORWAY | Facility Management |
| 05/2026 | INITIATIVE & FINANCE | AIRESS | FRANCE | HVAC |
| 04/2026 | EURAZEO | NETCO GROUP | FRANCE | Maintenance |
| 03/2026 | ASTORG | BARKENE | FRANCE | Security & Guarding |
| 03/2026 | TIGER INFRASTRUCTURE PARTNERS | ORBIS PROTECT | UNITED KINGDOM | Security & Guarding |
REFERENCES
Valuation range: EV $100–350M
Revenue range: $100–200M
EV/Revenue range: 1x - 3x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Smart Managed Solutions by Investcorp are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: smart managed solutions
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