King & Wood Mallesons advised Equistone Partners Europe and the other sellers on the sale of Sogetrel to a company controlled by Quilvest Private Equity and Bpifrance.

Quilvest and Bpifrance signed a sale agreement with the current shareholders of Ponycom (Sogetrel group), which are Equistone Partners Europe, Capzanine ICG, Ardian and Idinvest. Equistone originally invested in Ponycom in 2006. The sale is pending regulatory approval and is expected to close in early 2016.

Created in 1979, Equistone Partners Europe is one of Europe’s leading mid-market private equity managers.

Founded in 1985, Sogetrel is a French communications network installation and system integration company. With estimated revenues of €250 million in 2015, the group employs 2,200 people and currenlty has 40 sites in France, Belgium and Switzerland.

The KWM team was composed of Corporate partners Maxence Bloch and Pierre-Louis Sévegrand, as well as associate Rémi Pagès.