Paris, March 11, 2020. Strategy, leadership and development consultancy Neovian Partners has supported the Siparex investment fund by carrying out the Strategic Buyer Due Diligence on Nerco,a technical design firm dedicated to the building.
Founded in 1982 by Yves Nouvel, Nerco is a specialist inbuilding engineering. The company assists its clients (mainly real estate and real estate managers) in the studies and technical audits, management of rehabilitation and re-standardization projects, but also in the multi-technical maintenance. Nerco now has close to 70 employees,mostly architects and engineers working together. Headquartered in Paris, Marseille and Lyon, the company achieved a turnover of 27 million euros in its last financial year.
Neovian Partners has accompanied Siparex in the analysis of the dynamics of the different markets in which Nercooperates. The team also had to ensure the relevance of Nerco’spositioning in order to determine the level of customer risk for Siparex. Finally, the potential for the development of the company and the growth of its business has been modelled.
“In a deep and well-oriented building engineering market for the next few years (Greater Paris, Olympic Games, BIM, tightening of regulations, etc.), Nerco is a player whose resources and skills are recognized and appreciated by its customers. Its growth potential is important.”
Patrick Richer, Partners.
The mission was led by Patrick Richer, Associate Director.