Bahrain-based alternative asset manager Investcorp has agreed to acquire a majority stake in UK-based facilities management company Smart Managed Solutions, in a deal valued at more than $200m, according to people familiar with the transaction.
The acquisition further extends Investcorp’s international dealmaking activity, as Gulf-based investors continue to deploy capital into overseas markets across private equity, credit, and infrastructure assets.
Founded in 2017 and headquartered in London,...
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