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Impact Adviso Partners advises GROUPE KALI s founding manager in the sale of a majority stake to the TURENNE GROUP investment fund
09/2021

Founded in 1998 in the Hauts-de-France region, GROUPE KALI, comprising KALIES and KALI'AIR, is the independent leader in environmental consulting and air pollutant measurement. The Group has more than 23 years of expertise and provides nationwide coverage through its offices in 11 locations, enabling it to meet the needs of over 1,000 mainly industrial customers across all business sectors.

KALIES is an engineering consultancy firm specialising in environmental advisory and industrial risks. It is the French leader in the field of "installations classified for the protection of the environment" (ICPE). Some 51 employees support industrial companies, local authorities, and property developers in the early stages of projects in several areas of expertise: preparation of pre-works administrative files (ICPE), occupational health and safety, and diagnostics and engineering for polluted sites and soils (SSP).

KALI'AIR operates in air quality analysis, measurement and advisory, workplace health, and atmospheric emissions. With 29 employees and a range of measuring devices unique in France, the Company delivers unparalleled execution quality, particularly in the high added value market for assessing ambient air quality.

Thanks to its high-level expertise and COFRAC, MASE and LNE accreditations/certifications, the Group handles a diverse range of projects and responds swiftly to the evolving needs of demanding customers. The Group is enjoying sustained growth in its businesses and expects revenues to be up by more than 15% versus the 2020 figure, despite the health crisis.

Under the guidance of ADVISO PARTNERS, following a competitive process, GROUPE KALI's founding manager, Pascal MARLY, has sold a majority stake to TURENNE GROUPE and reinvested in the business alongside them. The transaction also enabled key managers to become shareholders. Together, they aim to further develop the Group by opening new sites, expanding the service offering and acquiring strategic targets.

Pascal MARLY, GROUPE KALI Founder: "I have always believed that the quality of our future depends on upholding high standards today. So, throughout my career, I have always held the conviction that we must aim to surround ourselves with the best employees and the most competent stakeholders. The work done by ADVISO PARTNERS lived up to this aim. Handing over the reins to my team was an obvious choice and I am very pleased with their commitment alongside the TURENNE GROUP, ready to lead KALIES and KALI'AIR from strength to strength."

Fabrice BRACONNIER and Emmanuel MOULIN, respectively Chairman and Managing Director of GROUPE KALI: "We believe that welcoming part of our staff on board as shareholders constitutes a real guarantee that we can further develop the Group by building on the excellence of our existing teams. In addition, the arrival of TURENNE GROUPE as shareholder also gives us a new vision and significant support with a view to acquisitions. With this new organisation, the Group can look forward to years of successful growth ahead."

Stéphane SAUDO, Partner at TURENNE GROUPE: "Well positioned in a continuously expanding market, GROUPE KALI has become an essential player for its industrial customers by developing high value-added services. We are delighted to partner with the new management team, their executives and the founder, who is continuing to provide support for the long term."

Guillaume CAPELLE, Partner at ADVISO PARTNERS: "We are pleased to have supported Pascal MARLY in this transaction. GROUPE KALI has established itself as a key player in environmental advisory services, and as such forms part of the core business of IMPACT ADVISO PARTNERS (a fast-growing business). TURENNE was selected following a rapid competitive process. Our shared views on strategy going forward and the place to be given to management were deciding factors."