SMC Infrastructure Partners, a strategic investor in mission-critical infrastructure support businesses and developer of core-plus infrastructure assets, has acquired InfraNext Partners. Financial terms were not disclosed.
InfraNext is focused on the next generation of infrastructure investing, with emphasis on the energy transition, environmental impact, resiliency and digitization.
SMC said the addition of InfraNext expands its senior management team, deepens its capabilities and lengthens its collective track record. In addition, InfraNext's M&A and development pipelines materially accelerate several strategic initiatives across SMC's platform.
“Our shared thesis around infrastructure services as the next frontier in infrastructure investing, coupled with the relationship that we had with Aaron and the SMC team, made the combination a natural fit,” said Scott Troeller, co-founder of InfraNext. “Our collective experience across private equity investi