MML is delighted to announce our fourth investment of 2021, backing Rodolphe Rosati, CEO and Founder of GDI, the French market leader in passive fire protection and thermal insulation. We are excited to work alongside Rodolphe and his team to pursue further expansion opportunities, including opening new agencies across France, expanding the ramp-up of newly installed production lines and developing more of an international presence.
Henry-Louis Mérieux, Managing Partner of MML Capital, noted "GDI benefits from solid market drivers, and is the market leader in France, thanks to the quality of its products and services and its high reactivity. We are excited to work alongside GDI’s management team to achieve our shared ambitions for their next stage of growth.”
Rodolphe Rosati says “I want to thank all parties; Ciclad for its support over recent years in our strong development, Oaklins for the realisation of this new, important transaction, and MML for our new partnership, which has been built with great confidence over the last fifteen months. We look forward to our continued growth.”
Founded in 1987, GDI provides fire protection solutions for a wide range of clients, running c.7,000 projects per year. With a unique position in the market, the business benefits from the strongest geographical coverage in France and operates as the only player with integrated upstream production of fire protection materials. It currently generates c.€64 million in sales and has a successful M&A track record, completing five acquisitions in recent years.
The MML deal team comprised of Henry-Louis Mérieux (Managing Partner), Louis de Montille (Investment Director) and Anne-Claire Laine (Investment Manager).