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    Analysis

    September 3, 2025

    Private-equity firm FalconPoint buys industrial services provider SMS

    Written by Ethan Bernard

    Private-equity firm FalconPoint Partners has acquired SMS, an industrial service provider.

    FalconPoint has committed $500 million to support the platform’s growth with state-of-the-art equipment and grow its market share.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

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