"Nhood Acquires SCC France to Become Leader in Property Management"

"Racine has assisted Nhood, a real estate services company, in acquiring SCC France, a leading property management firm. Founded in 2021 and owned by the Mulliez Family Association, Nhood operates in Europe and Africa, managing over 900 locations and developing urban regeneration projects. With this acquisition, Nhood aims to become the leader in property management in France, managing 78 shopping centers and generating €55 million in revenue. The acquisition is part of Nhood's strategy to establish itself as a global leader in real estate services."

**Law Firms Involved in the Transaction:** The law firm Racine assisted Nhood, a real estate services and solutions company, in its acquisition of SCC France, a leading player in property management. Additionally, Nhood received support from Alixio Group for HR integration aspects. **Transaction Overview:** Nhood, which is owned by the Association Familiale Mulliez and was established in 2021, operates in Europe and Africa, managing over 900 locations and developing around thirty urban regeneration projects. With the acquisition of 100% of SCC, Nhood, which already manages 78 shopping centers and generates €55 million in revenue through its Nhood Property Management France division, has positioned itself as the leader in property management in France. This strategic acquisition aligns with Nhood's ambition to become a global leader in real estate services. **Lawyers Involved:** From Racine: - Jean-Christophe Beaury (Partner, M&A) - Alexia Ruleta (Counsel, M&A) - Chloé Giannini (Associate, M&A) - Nicolas Boytchev (Partner, Real Estate Law) - Philippe Johnston (Counsel, Real Estate Law) - Ophélie Vo (Associate, Real Estate Law) - Guillaume Thuleau (Partner, Labor Law) - Lena Gonzalez (Associate, Labor Law) - Quentin Cournot (Partner, Tax Law) - Lauriane Delisle (Associate, Tax Law) From Alixio Group: - Isabelle Calvez (Deputy General Director) - Alexina Portal (Team Member)

"Nhood Acquires SCC France to Become Leader in Property Management"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads