SmartTask sold to management buy-in team led by ex-Innovise chiefs
What's the deal? SmartTaskDealroom has a profile for this one. Try Dealroom →, a UK provider of workforce management and service delivery software for the cleaning, security, and facilities management markets, has been acquired by a management buy-in team led by industry veterans Mike Taylor and Graeme Hughes. Terms were not disclosed.
What does the company do? SmartTask has grown organically to serve around 200 clients globally, focusing exclusively on the security, cleaning, and facilities management sectors. Its software covers everything from pre-employment checks through to invoicing and payroll.
Who's taking over? Taylor founded and led Innovise LtdDealroom has a profile for this one. Try Dealroom →, a rival in the same markets, before selling it to TEAM SoftwareDealroom has a profile for this one. Try Dealroom → in 2019. He and Hughes, Innovise's former managing director, ran the business for nearly two decades, then held senior roles at TEAM Software and parent WorkWaveDealroom has a profile for this one. Try Dealroom → before leaving in 2022 to focus on WeAreCORTEXDealroom has a profile for this one. Try Dealroom → automation software.
The new bench: The pair are joined by Jenny Young as chief financial officer and Peter Simmonds as chief operating officer. Both bring software industry experience, including recent senior positions in WorkWave's international business.
What's the endgame? The team plans to increase investment in product development, customer success, and AI-led innovation. "The platform gives us an excellent foundation for continued innovation," Taylor said, adding that the buyers want to act as "a long-term technology partner."
Why now? Founder and chief executive officer Paul Ridden said the business had reached a stage where fresh investment and sector experience could help it serve more clients. "I believe this is the right time to hand over the baton," he said.
The signal: The deal reunites the leadership that built Innovise with a business competing in the same niche, this time as owners rather than sellers. For a market that has seen steady consolidation — including TEAM Software's own acquisition of Innovise — it points to seasoned operators betting that specialised, AI-led workforce software still has room to grow.
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