Seller

Sold To

buyer

Rickitt Mitchell advised Pocos on its sale to Sewan Groupe

- Exit deal

- May 2023

- Value: Undisclosed

Pocos is a B2B IT services provider focused on unified communication solutions to SME’s

Deal deepens France based Sewan Groupe’s telco credentials in Benelux

Rickitt Mitchell worked alongside its Dutch partner, Aeternus, to deliver the deal

Client Background

Founded in 2002, Pocos is an IT service provider for partners and customers, focusing on high-quality providing unified communication services to BENELUX based SME’s. 

Pocos delivers high levels of contractually recurring revenue, loyal customer base and unified comms credentials were key attractions to prospective buyers in the process.

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.

Rickitt Mitchell advised Pocos on its sale to Sewan Groupe
Rickitt Mitchell advised Pocos on its sale to Sewan Groupe

About the Deal

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.”

 

“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”.

- Kaine Smith | Partner and Head of TMT at Rickitt Mitchell
Seller

Investment in

buyer

Growth deal

Value: Undisclosed

Feb. 27, 2024

Seller

Investment from

buyer

Growth deal

Value: Undisclosed

July 15, 2023

Seller

sold to

buyer

Exit deal

Value: Undisclosed

June 19, 2023

Seller

Sold To

buyer

Exit deal

Value: Undisclosed

May 22, 2023