Partners Group Acquires Systems Maintenance Services (SMS)

August 5, 2016

Partners Group has agreed to acquire Systems Maintenance Services (SMS), a Charlotte-based global provider of IT hardware support and data center lifecycle services, from funds affiliated with Thomas H. Lee Partners and Summit Partners. SMS, which reported roughly $245 million in 2015 revenue and employs over 900 engineers across 100+ service centers, will work with Partners Group to expand its global footprint and service portfolio both organically and through add-on acquisitions.

Targets
Systems Maintenance Services (SMS)
Sellers
Funds affiliated with Thomas H. Lee Partners, L.P. (THL), Funds affiliated with Summit Partners
Industry
IT Services
Location
North Carolina, United States
Transaction Type
Buyout

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