In the SN2 reaction a concerted reaction also takes place. Because the reaction rate is bimolecular there are two molecular species controlling the rate of the reaction. Because the rate is dependent on two molecules the reaction does not have any intermediate steps, only a transition state. This means that all the bond making and bond breaking takes place in a single step. In order for the reaction to occur both molecules must be situated correctly. Therefore, the reaction is said to be concerted because it occurs in one step.
References
Carey, Francis A.; Sundberg, Richard J.; (1984). Advanced Organic Chemistry Part A Structure and Mechanisms (2nd ed.). New York N.Y.: Plenum Press. ISBN 0-306-41198-9.