NCI Gestion

NCI Gestion is a private equity firm based in Rouen, France, founded in 1999. It functions as a private investor that offers its expertise for investing in both public and private markets. The firm seeks to back companies across sectors including agriculture, construction, logistics, digital, hardware, e-commerce, food technology, information, and technology, providing capital along with strategic support to help business creation, development and transfer projects.

Johan Cnossen

Charge d'Affaires VC and Principal

Kevin Edna

Associate

Thibaut Escarras

Director of Venture Investments

Thibaut Escarras

Venture Director

Anne-Cécile GUITTON

President

Cécile Hirel

Associate

Stéphane Kerlo

Associate, CEO, Deputy General Director and General Manager

Vincent Lhermenier

Associate Director

Nathalie Marquis

Associate and Director of Performance Department

Laurie Périé

Investment Manager

Jerome Revy

Venture Partner

Past deals in Southern Europe

Wellow

Seed Round in 2025
Freeing up vacant large apartments in the city center and set it back to the market to provide comfortable living spaces and address the housing crisis is the mission of Wellow. Wellow is committed to tackling the housing crisis among young people and is developing a new model of collective and urban housing to offer them an immersive and interactive lifestyle, bridging the gaps within and between cities. Wellow empowers its community with access to fully-equipped rooms within shared spaces, creating a sense of home and belonging. But the Wellow experience doesn't stop there. It extends into the heart of the city, where a vibrant social tapestry weaves around culture, social and charitable events offered every week. For private and institutional property owners, Wellow not only mitigates rental risks but also actively addresses the challenges of vacant properties, asset maintenance, and unpaid rents in large residential spaces. Today, Wellow stands tall with over 500+ young individuals finding their place in the heart of Paris. Discover our mission at www.wellowhouse.com

Flatsy

Venture Round in 2023
Flatsy is a Paris-based company founded in 2015 that specializes in simplifying the process of real estate viewings through its innovative appointment scheduling platform. The platform enables professionals in the real estate sector to manage property visits efficiently by providing a centralized dashboard to monitor the progress of appointments. Flatsy offers the option for agents to delegate their viewings to independent local agents, streamlining communication and reducing the need for phone calls and emails. This functionality allows real estate professionals to optimize their time and minimize unnecessary travel, ultimately enhancing the buying, selling, and renting experience.

ZEWAY

Series B in 2023
ZEWAY operates a mobility service in Paris, offering electric scooters on a subscription basis. Users gain access to a network of stations equipped with electric scooters, along with insurance, maintenance, and assistance services. This promotes cleaner urban mobility by encouraging users to switch from traditional vehicles.

Masteos

Series A in 2023
Masteos SAS is a rental real estate investment advisory firm based in Aulnay-Sous-Bois, France, established in 2019. The company operates a platform that facilitates the search for rental investment properties and provides comprehensive management services. Masteos enables users to identify lucrative rental opportunities, offers renovation and furnishing services to enhance property value, and includes rent tracking features. This streamlined approach allows clients to invest in real estate with reduced financial effort and responsibility, positioning Masteos as a key player in the French rental investment market.

Poiscaille

Venture Round in 2022
Poiscaille is a seafood product distributor based in Montreuil, France. The company collaborates with fishermen who practice sustainable and ethical fishing, ensuring that its offerings meet high environmental and quality standards. Poiscaille provides customers with seafood baskets delivered promptly, allowing them to enjoy fresh and high-quality seafood. The pricing of these products is designed to be affordable, often influenced by the day’s catch, thereby supporting both the local fishing community and consumers seeking quality seafood options.

Flatsy

Venture Round in 2021
Flatsy is a Paris-based company founded in 2015 that specializes in simplifying the process of real estate viewings through its innovative appointment scheduling platform. The platform enables professionals in the real estate sector to manage property visits efficiently by providing a centralized dashboard to monitor the progress of appointments. Flatsy offers the option for agents to delegate their viewings to independent local agents, streamlining communication and reducing the need for phone calls and emails. This functionality allows real estate professionals to optimize their time and minimize unnecessary travel, ultimately enhancing the buying, selling, and renting experience.

ZEWAY

Seed Round in 2020
ZEWAY operates a mobility service in Paris, offering electric scooters on a subscription basis. Users gain access to a network of stations equipped with electric scooters, along with insurance, maintenance, and assistance services. This promotes cleaner urban mobility by encouraging users to switch from traditional vehicles.

Eelway

Seed Round in 2018
Eelway is a Paris-based business offering luggage storage and transfer services between the city, its train stations, and airports. They provide short- and long-term storage solutions, along with door-to-door luggage transfers for a hassle-free travel experience. Eelway's platform enables partners and customers to manage baggage efficiently, including delivery, collection, and soon remote check-in, catering to various luggage sizes and types within the Parisian region.

E-commerce Nation

Seed Round in 2018
E-commerce Nation is the first e-commerce community in France, designed to support entrepreneurs and professionals in the online retail sector. Established as a collaborative platform by the club of e-traders Norman, it serves as a central hub for e-merchants seeking to enhance their skills and knowledge. The company publishes an online magazine that features practical articles, insights, and expert contributions, aimed at helping users improve their business operations. By providing accessible information and resources, E-commerce Nation enables entrepreneurs to develop their businesses effectively and increase their revenue through improved financial understanding and practical tools.

Factem

Acquisition in 2018
FACTEM specializes in the design and manufacture of communication devices, including microphones and headphones, catering primarily to civil and military sectors in France. The company offers a range of products such as protective helmets, connectors for various applications, and equipment for aerospace, military, maritime, and industrial use. Its portfolio includes not only communication headsets and accessories for governmental forces but also magnetic switches and inductors designed for the railway industry and port infrastructures. Founded in 2007 and headquartered in Bayeux, France, FACTEM, previously known as Duons PRN, operates as a subsidiary of Duons MCO S.A.S. and Safran Electronics & Defense SAS. The company ensures that its products are accessible through online channels and various suppliers.

Groupe Lecaux

Seed Round in 2017
Groupe Lecaux is a provider of commercial printing and digital communication services based in Cherbourg-en-Cotentin, France. The company specializes in a range of offerings, including web-to-print solutions and digital signage services. By integrating both physical and digital communication strategies, Groupe Lecaux enables clients to effectively engage with their target audiences and promote their brands. With a focus on data management, the company supports businesses in enhancing their marketing efforts and reaching consumers through various channels.

QuiToque

Series A in 2017
QuiToque is a Paris-based e-commerce service that delivers ready-to-cook recipe boxes to homes in France. Founded in 2012, the company provides curated boxes with fresh ingredients and diverse recipes, supported by flexible subscription options. The service aims to simplify home cooking and promote healthy meals throughout the week, sourcing seasonal products from organic or sustainable farming. By delivering complete meal kits, QuiToque helps families prepare convenient and nutritious dinners at home.

Normatrans

Acquisition in 2016
Normatrans SA is a logistics and transportation company based in Grentheville, France, established in 1983. It specializes in providing a comprehensive range of services across road, sea, and air transportation. The company's offerings include fast national expedition, accelerated regional distribution, and international shipping. Additionally, Normatrans provides express taxi and courier services, industrial transport, and logistics solutions. They also offer long-term rental of industrial vehicles, regional distribution of lots, pallet transport, and temperature-controlled transport. Normatrans is committed to ensuring efficient and reliable logistics services tailored to meet diverse client needs.

MIP Robotics

Seed Round in 2016
MIP Robotics is a Paris-based company that specializes in the development and installation of industrial robots, aimed at enhancing manufacturing efficiency. Founded in 2015, MIP Robotics designs and manufactures user-friendly and affordable robotic solutions for various applications, including packaging, collaborative tasks, machine loading, product testing, and inventory management. The company's innovative technology makes its robots accessible to a broad audience, including small and medium-sized enterprises, even those without programming expertise. MIP Robotics also provides instructional tutorials to assist users in the installation, configuration, and operation of their systems, ultimately helping businesses improve performance and competitiveness in a globalized market.

Didactic

Acquisition in 2014
Didactic specializes in manufacturing and distributing a range of medical devices designed for healthcare professionals. Their product lines include protection (gloves), perfusion (equipment), injection, urology, and care items, aiming to simplify procedures and safeguard caregivers and patients.

Palettes Gestion Services

Venture Round in 2014
Palettes Gestion Services SAS, founded in 1993 and based in Saint-Etienne-du-Rouvray, France, specializes in manufacturing and selling a diverse range of pallets and packaging solutions. The company produces various types of wooden pallets, including standard, custom-built, CP, and VMF pallets, as well as box pallets designed for transporting small or irregularly shaped products. In addition to wooden products, Palettes Gestion Services offers plastic pallets, including standard and recycled options, and metal products such as pallets and boxes. The company also provides big bags for agricultural and industrial use, along with other supports like barristocks and racks. With additional locations in Morocco, Belgium, and Spain, Palettes Gestion Services serves a global customer base, engaging in activities such as buying, renting, and relocating pallets.

BURAY

Private Equity Round in 2012
Ets Buray et fils, founded in 1947 and based in Neufchâtel-en-Bray, France, specializes in the manufacturing of metalwork and metal fittings. The company produces a diverse range of products, including aluminum windows and doors, metal frames, shutters, verandas, pergolas, and insulation materials. Each metal component is meticulously cut, drilled, assembled, and painted in their dedicated metal workshop. Buray's offerings also extend to steel and metal fittings designed for various applications, such as doors, railings, and staircases. The company operates as a subsidiary of MAULER Constructions SAS, reinforcing its commitment to high-quality craftsmanship in the metalwork industry.

Combles D'en France

Acquisition in 2012
Combles D'en France SAS, founded in 1981 and based in Brionne, France, specializes in the transformation and development of unused attics and roof elevations. The company provides residential design services aimed at redesigning attics into livable loft spaces. Their offerings include design solutions for slope changes, as well as interior design, framework, and insulation installation. By focusing on these services, Combles D'en France enables customers to maximize their living space and enhance the functionality of their homes.

CCI PLV Productions

Venture Round in 2012
CCI PLV Productions is a manufacturer based in Louviers, France, specializing in the production and supply of point-of-purchase (POP) displays. Established in 1994, the company offers a diverse range of displays tailored for various sectors including food, table art, cosmetics, publishing, gardening, multimedia, pharmaceuticals, and tourism. CCI PLV Productions provides an array of products such as permanent displays, display counters, gondola heads, signage, and merchandising solutions, as well as 3D projections that enable clients to visualize their projects in an animated format. The company's focus on innovative display solutions caters to a wide array of industries, enhancing customer engagement and product visibility at points of sale.

Léa et Léo

Venture Round in 2010
Léa et Léo SAS is a company based in Hérouville-Saint-Clair, France, specializing in the operation of a network of nurseries across the country. Established in 2007, the company focuses on the development of children and support for parents by providing tailored childcare solutions. Léa et Léo collaborates with businesses and communities to enhance their human resources and early childhood policies. Their services include the creation and management of inter-company and collective nurseries, as well as the reservation of spaces within these facilities. Additionally, Léa et Léo helps employers find childcare placements for their employees throughout France, leveraging a network of partners to meet diverse needs.

Ma-papeterie

Series A in 2009
Ma-papeterie is an online retailer of stationery products based in France.

PubliAtis

Venture Round in 2009
PubliAtis is a company that specializes in providing on-demand publishing solutions tailored for publishers and media organizations. Founded in 2006 and headquartered in Paris, France, with additional offices in New York, PubliAtis offers a comprehensive cloud-based publishing platform that integrates various aspects of periodical production, including editorial workflow management, content formatting, and distribution. The system supports diverse media types, allowing users to manage text, images, audio, and video across multiple channels. Key features include a Newsletter Module for email distribution and a Survey Module for conducting surveys. PubliAtis also offers consulting, training, publication layout services, and customer support. Its solutions cater to a wide range of clients, including press and media, business communications, communication agencies, associations, universities, and web editors, all aimed at optimizing profitability and enhancing the efficiency of publication processes.

Metalu-Plast

Venture Round in 2008
Metalu-Plast, SAS specializes in the design, manufacture, and marketing of sports equipment and sport fencing for professionals. Based in Soliers, France, the company offers a wide array of products, including enclosures, cloakrooms, score tables, mobile stands, ball trolleys, inspection carts, masts, mobile partitions, divider rails, and rails for climbing ropes. Its product range caters to various sports such as football, badminton, basketball, handball, rugby, tennis, mini tennis, volleyball, hockey, and golf, and includes multi-sport pitches made from steel and aluminum, as well as sports nets, handrails, and custom-made nets with installation accessories. Metalu-Plast also provides after-sales services to its clients, which consist of merchants, online sellers, fence installers, landscape companies, and public works entities, both in France and internationally. The company has been operational since its founding in 1980 and distributes its products through a network of suppliers.
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