Summit Partners Invests in Systems Maintenance Services (SMS)

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.

Persante Health Care Acquires Sleep Management Services (SMS)

March 7, 2025

Healthcare Services

Persante Health Care, backed by Peninsula Capital Partners, has acquired Sleep Management Services (SMS), a BPO-focused sleep care services provider operating in Arkansas and Texas. The add-on expands Persante’s hospital-based and home sleep testing footprint, increasing scale to more than 125,000 patients served annually across 85 locations and strengthening its recurring, technology-enabled sleep management platform.

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.

Mid-State Industrial Acquires AZZ SMS From AZZ Inc.

October 28, 2020

Industrial Services

CenterGate Capital-backed Mid-State Industrial Maintenance has acquired AZZ SMS LLC from AZZ Inc. AZZ SMS, headquartered in St. Petersburg, Florida, is a specialty provider of turnkey boiler repair, maintenance and overhaul services; the acquisition expands Mid-State's service capabilities in the power generation and pulp & paper markets.

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.

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.