Multi-agent systems (MAS) often achieve higher reasoning accuracy than single models, but their reliance on repeated debates across agents makes them computationally expensive. We introduce SMAGDi, a distillation framework that transfers the debate dynamics of a five-agent Llama-based MAS into a compact Socratic decomposer-solver student. SMAGDi represents debate traces as directed interaction graphs, where nodes encode intermediate reasoning steps with correctness labels and edges capture continuity and cross-agent influence. The student is trained with a composite objective combining language modeling, graph-based supervision, contrastive reasoning, and embedding alignment to preserve both fluency and structured reasoning. On StrategyQA and MMLU, SMAGDi compresses a 40B multi-agent system into a 6B student while retaining 88% of its accuracy, substantially outperforming prior distillation methods such as MAGDi, standard KD, and fine-tuned baselines. These results highlight that explicitly modeling interaction graphs and Socratic decomposition enable small models to inherit the accuracy benefits of multi-agent debate while remaining efficient enough for real-world deployment.