SMS Integrated Facility Services, a Samara Capital company and one of India's leading integrated facilities management firms, announced today that it has signed a Business Transfer Agreement with Awfis Space Solutions Limited (Awfis). The agreement will see SMS IFS acquire Awfis' facility management division, Awfis Care.
This acquisition represents a key milestone in SMS IFS’s strategy to deepen its capabilities and expand its market presence across India’s facility services sector.
SMS IFS manages over 5,000 sites for more than 500 clients across India’s Tier 1, Tier 2, and Tier 3 cities and employs more than 21,000 personnel. It provides a wide range of integrated facilities management services, including soft services, technical & managed services, and sustainability consulting. The company’s service model is designed to optimize facility operations and deliver guaranteed financial and operational outcomes for property owners, operators, and occupants.
The SMS IFS team was led by Tarun Ramrakhiani (CEO), Ajay Agarwal (CFO), Praful Gupta, PMP (Business Development) and Jayesh Gharat (Central Operations).
Awfis Space Solutions Limited is a publicly listed company offering flexible workspace solutions to a wide range of clients catering to diverse sectors in India. Their facility management division - Awfis Care provides comprehensive services ensuring operational efficiency supporting clients to focus on their core business. Its operations are certified with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. With a strong presence in 17 cities and 175+ centers, Awfis serves over 2,500 clients across diverse industries, ensuring scalable and adaptable workspace solutions for businesses of all sizes.
Anchit Gupta, Managing Director of Samara Capital, said, "In the past three years, SMS IFS has evolved from being a manpower provider to an integrated platform that drives facility outcomes. We have built distinctive capabilities in people management, digital operations, and facility cost optimisation, all while maintaining the highest standards of compliance and governance."
Stratage Law Partners acted as the legal counsel to SMS IFS on this transaction bringing to the table commercial acumen, innovation, and a deal closure approach. The team was led by Bhavin G. (Senior Partner) along with Mehak Gupta (Associate Partner).