Investcorp has acquired a majority stake in Smart Managed Solutions, a UK provider of mechanical and electrical facilities management services. The deal, part of a broader private equity push into specialized services, will see Smart's co-founders retain a minority stake. Smart was founded in 2017 and operates out of London.

Under the transaction terms, Investcorp will fund Smart's organic growth strategy while supporting targeted acquisitions. The facilities management sector has attracted significant private equity interest recently, driven by demand for integrated building services. Smart's niche focus on mechanical and electrical maintenance differentiates it from broader competitors.

The deal reflects growing consolidation in UK facilities management, where private equity firms are backing specialized players. With its lean structure and experienced team, Smart is positioned to benefit from Investcorp's operational expertise. The co-founders' continued involvement signals alignment with the new ownership on long-term growth.

This acquisition adds Smart to Investcorp's portfolio of UK-based service providers, expanding the firm's presence in the $2.7 billion UK facilities management market. The transaction closes amid rising interest in technical building services amid hybrid work models.