Clearwater International France advises Qualium Investissement in its acquisition of a minority stake in New Immo Group

Clearwater International France advises Qualium Investissement in its acquisition of a minority stake in New Immo Group (NIG), alongside the founders, to support the development strategy in France and Europe.

NIG, the holding company of SAFTI and megAgence, two of the most dynamic digital networks of real estate consultants, have developed an innovative, flexible and scalable model with no brick and mortar agencies. Through leveraging online interaction and the proximity of independent consultants in the field, the group has become a key player in the real estate intermediation market for both professionals and sellers.

The business offers an entrepreneurial opportunity for real estate consultants who join its networks. The consultants operate autonomously, whilst benefiting from the support of an online multi-service platform and professional training administered by the headquarters.

This attractive concept, combined with an optimised organisation, enabled NIG to achieve rapid growth and solid financial performance. Over the past two years, the group has more than doubled its turnover, which should exceed €80m in 2018.

The group's two networks now have nearly 3,700 independent real estate consultants in France, and SAFTI is beginning to roll out its expansion into Spain.

Clearwater International advised Qualium Investissement in this fast-paced and competitive auction process, as well as in the financing round.