Paris, December 19th 2024,
DDA & Company advises the shareholder of the Guinier 1823 Group in its primary LBO with WATERLAND Private Equity.
The Guinier 1823 Group provides services in HVAC Engineering, Electrical Engineering, multi-technical maintenance, and high-technicality renovation project management. Leveraging its agility and the synergies across its areas of expertise, the Group offers tailored solutions to its clients.
WATERLAND’s investment in the Group marks a new phase for Guinier 1823, enabling it to accelerate its development in its core activities.
Guinier 1823 and WATERLAND will preserve the DNA of the bicentennial Group, developed by Andrea Paoletti for over 30 years: a human adventure in a supportive and stimulating environment.
Andrea Paoletti, President of Guinier 1823 Group, states:”WATERLAND Private Equity’s support will enable Guinier 1823 to accelerate its development projects, increasing both its geographic reach and its positioning on even more ambitious projects, offering a comprehensive, high-value-added solution for its clients.“
Louis Huetz and Pierre Naftalski, Partner and Investment Director of Waterland Private Equity, add: “WATERLAND Private Equity is pleased to support Andrea Paoletti and his team in the development of a French leader in the energy transition. The reputation and expertise of the Guinier 1823 Group provide strong foundations on which we will rely to create a major player in HVAC and electrical engineering in France.”
Alain Sitbon, Partner at DDA & Company, concludes: “We are extremely pleased to have supported the Guinier 1823 Group, a historic player in its sector, its founder Andrea Paoletti, and his management team in driving the next phase of their development with WATERLAND Private Equity. Together, they have the strength and vision to achieve their goals in the energy transition, with excellence at the core of their approach.”
The DDA & Company team, comprising Alain Sitbon, Florian Charrière and Alice Cordier, advised Andréa Paoletti, shareholder of Guinier 1823 Group.