SJ Berwin has advised investment fund Capzanine 2 on the acquisition by investee company Nerim Group of Boost and Normaction. The team, led by Olivier Vermeulen advised Capzanine 2 on the mezzanine financing of the operation. Senior debt was arranged by LCL Neuflize OBC, Palatine Bank and BNP Paribas.
Founded in 1999, the company Nerim is an Internet and telecom operator for companies with more than 20,000 customers in 2012 and achieved a turnover of around 26 million euros.
Boost is a company specializing in cloud computing, which serves more than 10,000 customers and generated revenues of approximately EUR 2 million in 2012.
Normaction offers telecom solutions since 1998 for professionals. The company achieved in 2012 a turnover of approximately EUR 11 million.