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FalconPoint Partners Acquires SMS (Scrap Metal Services)

August 26, 2025

Industrial Services

FalconPoint Partners has acquired SMS (a carve-out of Scrap Metal Services LLC), a provider of outsourced steel mill services and marine vessel decommissioning, and has committed $500 million to support the business's growth, technology modernization, and acquisition pipeline. The deal positions FalconPoint to scale SMS's commercial capabilities and expand operations across the United States, Europe and South America while preserving SMS's management team and safety-first service model.

Pullman SST Acquires Structural Maintenance Systems (SMS)

August 30, 2023

Construction

Pullman SST, Inc., a Structural Group Company, has acquired Structural Maintenance Systems, Inc. (SMS) to expand Pullman's masonry and concrete repair capabilities and geographic presence in the Philadelphia and Northeast U.S. region. SMS, founded in 1978 and based in the Philadelphia area, will be integrated into Pullman's operations to broaden service capacity and better serve regional clients.

Massey Capital Acquires SMS Machine Tools Limited

April 22, 2022

Industrial Services

Toronto-based private equity firm Massey Capital, in partnership with industry executive Craig Collison, has acquired SMS Machine Tools Limited, a long-established distributor and servicer of CNC machines serving Ontario and Quebec. Existing management will remain in place—Brian Smith as President and Craig Collison as General Manager—while Massey partner Scott Newhouse will join as CEO as the firm looks to grow the business over the long term.

Partners Group Acquires Systems Maintenance Services (SMS)

August 5, 2016

IT Services

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.

Summit Partners Invests in Systems Maintenance Services (SMS)

October 30, 2013

IT Services

Summit Partners has made a significant minority equity investment in Systems Maintenance Services, Inc. (SMS), joining existing majority shareholder Thomas H. Lee Partners. The investment will support SMS's organic and strategic growth—expanding its multivendor IT asset lifecycle, datacenter and managed services globally—and Summit Partners representatives will join the SMS board.

Systems Maintenance Services Acquires UK-based Olympic Support (Exquip Network Services)

March 6, 2013

IT Services

Systems Maintenance Services Inc. (SMS) has acquired UK-based Exquip Network Services Limited (d/b/a Olympic Support), a provider of IT asset maintenance and lifecycle services. The deal establishes a direct European presence for SMS, expands its client account base and global delivery footprint; SMS is a portfolio company of Thomas H. Lee Partners, L.P.