Keensight Capital portfolio company Sogelink-Geodesial Group has appointed Florian Cardi as Head of International Development and M&A.
Cardi’s appointment coincides with the European market entering a consolidation phase, and the opportunity for the group to accelerate in France but also abroad to establish itself as the leader in the construction tech sector in Europe.
Having trained as an engineer, Cardi began his career at Ernst & Young supporting French clients looking to expand abroad. After eight years in the Transaction Advisory Services department of the company, he was named Investment Director at TIME Equity Partner. At TIME, he contributed to several investments in small-cap European businesses in the digital sector who were seeking to speed up their development by diversifying their offers and internationalising their solutions.
Two years later, he joined the Airbus group as Vice-President M&A, where he spent eight years carrying out a whole host of operations to promote external growth and group reorganisation (via acquisitions and partnerships), in the commercial aviation, space and defence divisions. Most notably, he contributed to the European consolidation of the launcher market within the space industry.
Cardi says: “Becoming European leader in construction tech will mean that we will have to expand way beyond our borders. We are already present internationally, be it via our subsidiaries or our network of distributors. My recruitment further underlines this ambition and also gives this ambition a frame. Combined with our growth and the support of our partners, it will give us what we need to accelerate further.”
“Our international development is a key step in our roadmap, and we are now ready to devote the necessary energy to conquering these new markets that are opening up to us,” says Fatima Berral, CEO of Sogelink-Geodesial Group. “The solid experience that Florian brings, particularly in the field of M&A, will be indispensable to us and we are delighted to welcome him to the group.”