Equistone Partners Europe has successfully exited its Fund V investment in Sicame through a continuation fund, securing new investment from AlpInvest Partners while providing existing limited partners the option to reinvest.

Information on the Target

Sicame is a globally recognized supplier of electrical connectors and accessories, primarily serving electricity distributors. Headquartered in France, the company specializes in designing, manufacturing, and selling a comprehensive range of specialized electrical equipment essential for transmission and distribution networks. Their product offerings include mechanical and electrical connectors critical for utility providers engaged in the construction and maintenance of electrical infrastructures. With a strong workforce of 3,100 employees operating in over 25 countries, Sicame achieved revenues exceeding €450 million in 2021 and has established a vast sales network spanning more than 150 countries.

Industry Overview in France

The electrical equipment industry in France is a vital sector that supports the country's energy infrastructure and transition activities. France is focused on strengthening its electrical networks in light of increasing electricity consumption, which is driven by both demand for renewable energy sources and electric vehicles. As part of the broader European Union objectives for energy transition, the nation is experiencing significant growth in the renewable energy sector, necessitating advancements in electrical connectivity and network efficiency.

With the push towards greener energy solutions, companies in this sector are uniquely positioned to benefit from ongoing investments and innovations. The presence of a skilled workforce and established infrastructure within France