Kartesia is pleased to announce its new investment in Sewan through structured financing provided by Kartesia Credit Opportunities V (KCO V) and Kartesia Credit Opportunities VI (KCO VI), in parallel to the refinancing of its original investment in the Group from 2019 through a senior facility led by Blackrock with the participation of Artemid, as well as through Obligations Relance provided by Audacia.
Sewan is a leading French Information & Communication Technology service provider, serving the B2B market. The company offers fixed and mobile telephony, messaging, data, collaborative work, hosting, and cloud services. Its solutions are offered through a deep network of distribution partners across 5 European countries e.g. France, Belgium, Germany, Spain, and the Netherlands.
Our new financing alongside the new senior facility and the “Obligations Relance” will support the continuing expansion of Sewan in France and Europe notably in line with the 4 bolt-on acquisitions performed since the entry of Kartesia in 2019, including three outside of France, the latest being Dutch telecom operator Pocos closed in April 2023.
Julien Rigon, Head of France at Kartesia commented: “We are thrilled to renew our collaboration with Sewan and its three founders in its impressive growth journey. Kartesia is convinced that the support of our new partners, Blackrock, Artemid, and Audacia, will strengthen the Company’s to the next level”.