“We chose MML for their on-the-ground presence in the US, their understanding of people-based businesses and their references in robotics. We have built a unique passionate culture and we needed to find an investor who would listen and understand the need to respect that. We are excited about the opportunity to work closely in partnership with Luke, Henry, Charles and Yasmin to realise Kickmaker’s full potential and immediately accelerate to retain and reinforce our leadership position.”

Vincent Despatin, Co-Founder at Kickmaker

Kickmaker

kickmaker.fr
Minority growth equity, backing an ambitious international and acquisitive growth plan.

The business

Kickmaker is the largest specialised outsourced engineering and product development consultancy in France.

The deal

The Kickmaker team have created the leading French outsourced engineering and product development provider, assisting companies in the full end to end design process by working on design strategy, creating prototypes, industrialising production and managing the lifecycle of the product. It has deep expertise in robotics and the integration of electronic and mechanical systems. MML partnered with Kickmaker as a minority investor to support the team to accelerate an already ambitious growth plan and expand internationally, especially in the US.

Fund
Enterprise
Region
Europe
Deal Status
Current
Sector
Business Services

Catch up with Co-Founder, Vincent Despatin, shortly after investment

How has Kickmaker evolved over recent years?

Its been a great story so far! We started the business in 2016 with the ambition of creating the market leading French services and engineering company with a unique expertise in high-tech projects - which I think we can say we have achieved. I am very lucky to work with a highly experienced and committed leadership team who share a vision built on innovation for a sustainable future (industry relocation, circular economy, industry decarbonisation, eco-design etc.). Together, we have mastered the whole industrialisation process for smart industries, from design and industrialisation strategy, to product lifecycle management.

Why did you decide to consider private equity investment?

We entered the process with a clear strategy to further enhance our growth and profitability, with the ultimate goal to become the global leader in sustainable product design and industrialisation for smart technologies. We have already enjoyed rapid organic growth and are seeing strong pull from new and existing clients into the US, as well as wider opportunities to consolidate the market. It felt like we were entering a new phase of our development story, where the right partner could really help accelerate our achievements.

What made you chose MML as a partner?

There were a number of reasons why we chose to work with MML. Most importantly, we liked the people. This is very much a partnership relationship and we knew we would be working together for a number of years so we needed to feel they were aligned with our culture and work style. It was important they understood our unique, passionate culture and to believe they would listen, understand, and respect that. Secondly, MML's on-the-ground presence in the US was particularly important as the US is our major international market for expansion. We are excited about the opportunity of working closely with Luke and his team, and believe they will be a great support in helping Kickmaker reach our full potential.

Related news

MML invests in Kickmaker, the leading specialised outsourced engineering and product development consultancy in France
We are delighted to welcome Kickmaker to the MML portfolio as our second Enterprise strategy investment. Founded in 2016, Kickmaker assists companies in the full end-to-end design process, helping its blue-chip and high-growth scale up customers in their product development and production by working on design strategy, creating prototypes, industrialising production, and managing the lifecycle of the product. It has deep expertise in robotics and the integration of electronic and mechatronics systems.

Associated deal team

Luke Jones

Managing Partner (Enterprise)
Europe

Henry Alty

Investment Director
Europe

Charles Le Texier

Investment Manager
Europe

Yasmin Giovedi

Investment Associate
Europe

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For investors in MML Fund VI, MML Ireland I & MML Ireland II

For investors in MML Fund VII