The operation provides an opportunity for some historical partners to exit the capital, while Benoît Petit, Rémi Allion, General Directors, and Isabelle Delannoy, Administrative and Financial Director of the group, strengthen their participation.
Alongside this operation, the group is reinforcing its capacity to accelerate development by raising senior debt of 10 million euros from BNP Paribas, ABN Amro Bank N.V., Banque Populaire du Nord, and Caisse d’Epargne et de Prévoyance des Hauts-de-France.
Founded in 1995 and based in Villeneuve-d’Ascq and Paris, the Nortec group is a multidisciplinary technical engineering firm in the building sector, active in housing (new construction and rehabilitation), industry, commercial, educational, and leisure sectors. The group has more than 74 employees and achieved a turnover of 12 million euros in 2023.
During this operation, a multidisciplinary team from Cornet Vincent Ségurel supported the Nortec group and its managers for the capital reorganization on one hand, and for the implementation of structured financing on the other.
Participants
Company: Groupe Nortec – Benoit PETIT, Rémi ALLION (General Directors), Isabelle DELANNOY (CFO)
Sellers: Executives, historical partners
Investors: Innovafonds – Cyril CHAUMIEN (managing partner), Victoire ESTAGER, Romain de SOUCY
Debt: BNP Paribas (Fanny DEJAEGER, Benjamin BUYSSENS) ; ABN Amro Bank N.V (Bérangère ESPARCIEUX, Gilles GRANGE) ; Banque Populaire du Nord (Xavier PISSAVIN) ; Caisse d’Epargne et de Prévoyance Hauts-de-France (Amandine NICOLAS)
Advisors
Attorneys for Target and Managers: Cornet Vincent Ségurel
- Supervision and coordination : Benjamin CHEVALIER, Clara SERVAN
- Corporate: Benjamin CHEVALIER (partner), Clara SERVAN (attorney), Louis HARBONNIER (attorney), Julie ALEXANDRE (paralegal)
- Structured Finance: André WATBOT (partner), Maria DOUILLET (attorney), Robin PETIT (attorney), Louise MAYOUD (legal counsel)
- Taxation: Benjamin LAFAYE (partner)
- Labor Law: Caroline HENOT (partner), Régis DEBROISE (attorney)
Attorneys for Investor: Lamartine Conseil
- Corporate: Fabien MAUVAIS (partner), Chiara DIMBERTON and Carla BELLAVIA
- Taxation: Bertrand HERMANT (partner), Thalaa IMADAH (attorney), Marion HUBIER (attorney)
Attorneys for Banks: Volt Associés – Alexandre TRON (partner), Valérie ZINSOU (attorney), Zahia BELHAJ (attorney)
Auditor: Génération CAC – Grégory MOUY
Notary: Notaire du Nouveau Siècle – Hélène FREMAUX
