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 Insulation

Keey Aerogel

Series A in 2025
Keey Aerogel is a specialized manufacturer of silica aerogel, utilizing a closed-loop process that recycles construction waste, carbon dioxide, and ethanol. The company focuses on the valorization of silica-containing materials from construction and demolition activities, aiming to create energy-efficient building solutions and materials for various industrial applications. By producing this innovative nanoporous material, Keey Aerogel provides effective thermal insulation in ambient conditions, contributing to sustainability in construction and refurbishment projects.

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.

Yvelines Etancheite

Acquisition in 2010
Yvelines Etancheite specializes in the maintenance, troubleshooting, and expertise of sealing works for various types of terraces and roofs. The company provides a comprehensive range of services, including maintenance, renovation, and waterproofing. Their expertise extends to paving stones, gardens, and car parks, with a focus on both insulated and non-insulated surfaces. Yvelines Etancheite is committed to ensuring the integrity and longevity of outdoor spaces through their specialized sealing solutions.
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