GDI
The Deal
- Bought By
- Jim Kelly
- Year
- 2024
- Vehicle
- An NCA search, backed by Novastone Capital Advisors and Martell Capital Partners
- Kind
- Physical operations
A Toronto distributor of sustainable packaging, reusable bags, compostable cartons and healthcare linen products, working to cut single-use plastics for its clients.
What Happened Next
Still held: the program's company page names him chief executive and files the company in its portfolio since November 2024, and its own news dates the close to that month. A second backer's card credits the operation to him with the program's initials beside his name.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
Backed by the Same Firms
Novastone Capital Advisors
- UMECC · Adam Salmen · 2024
- Water Runner · Nathan Taylor · 2023
- Adex · Fryderyk Rdułtowski · 2023
- Formeds · Waldemar Pilch · 2022
- Green Logistics · Mike Hindi · 2022
- Stewards of Recovery · Robert Wagner
- Extended Power · Marc Decoste
- FF Zrt · Viktor Dimitrov
Martell Capital Partners
- ELK Analytics · Daniel Baiz and Camilo Garces · 2023
- Hispania Education · Marcos Duran Foix
- Jaama · Andrew Holgate
- Blue Peak Tents · Cody Adelizzi
- IMMSA · Alfonso Martínez and Shahin Baharimehr
- Tacna · Juan Pablo Arriaga and Santiago Ganem
- Chinook Fire Protection · Ben Frazer
Method & Source
This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.
- Novastone Capital Advisors' own account novastone-ca.com
- Martell Capital Partners' own account martellcp.com