October 3rd, 2016

We are pleased to announce that on October 3rd, 2016, The Carlyle Group confirmed the sale of Sagemcom to Charterhouse. Terms of the transaction were not disclosed.

Sagemcom is a French high-tech group with strong positions in high-end digital TV set-top boxes, very high speed broadband residential terminals and advanced smart meters. Under Carlyle’s ownership, Sagemcom has significantly grown its core businesses: the group has increased its international exposure especially in Latin America and North America, and gained a significant share in the roll-out of smart meters in Europe while consistently investing in R&D to maintain Sagemcom’s superior technology edge and innovation expertise.

With revenue of around €1.3bn, Sagemcom employs 4,000 people on five continents and ships every year more than 23 million terminals.

In the context of transaction, Sycomore Corporate Finance acted as financial advisor to Sagemcom and its management. The transaction team comprised Pierre-Arnaud de Lacharrière, Olivier Barret, Stanislas de Gmeline et Clément Verbeken.