Rickitt Mitchell worked alongside its Dutch partner, Aeternus, to deliver the deal.
The deal deepens France based Sewan Groupe’s telco credentials in Benelux. Rickitt Mitchell, in collaboration with its Dutch partner Aeternus facilitated the successful acquisition of Pocos by France based Sewan Groupe.
This transaction not only provides an exit opportunity for Pocos’ founders but also positions the company for growth, bolstered by the support of Sewan Groupe, an industry leader.
By acquiring Pocos, Sewan Groupe can further its strategic vision of delivering seamless telecom services throughout Europe. The integration of Pocos’ infrastructure and employees into Sewan’s European group will enable synergies with neighbouring countries, including Germany and Belgium.
Richard Jansen, CEO of Pocos, commented “We are pleased to share that Pocos has been acquired by Sewan Groupe. Pocos is entering a new era with this. By using Sewan’s strength, a synergy is created that enables us to become even more successful on the Dutch market. We look forward to working with Sewan, with whom we share the core values of stability, knowledge and easy cooperation.” Kaine Smith Partner and Head of TMT at Rickitt Mitchell added “We are delighted to have again successfully worked alongside our Dutch colleagues, this time to provide a successful exit for the Pocos shareholders. Our cross-border deal credentials in the TMT market and ability to seamlessly collaborate with our international colleagues continue to ensure that best value is delivered to our clients”.
The Rickitt Mitchell team, which consisted of Kaine Smith, James Kidner and Naomi Hill, worked alongside Dutch partner Aeternus to explore the companies strategic options.
