Scotto Partners is advising the Diot-Siaci Group on the acquisition of NeoTech Assurances by its subsidiary, LSN Assurances

Scotto Partners advised the Diot-Siaci Group on the acquisition of NeoTech Assurances by its subsidiary, LSN Assurances.

As the European leader in corporate insurance and reinsurance brokerage, the Diot-Siaci Group is continuing to pursue its growth strategy in the technology and cyber risk markets to meet the growing needs of businesses amid accelerating digitalization and a rise in cyber threats.

Founded in 2011 by Nicolas Hélénon and Benoît Lemaire with the support of LSN Assurances, NeoTech Assurances is France’s first broker to specialize exclusively in insurance for digital companies and cyber risk coverage. Recognized for its expertise among tech companies, the firm helps businesses manage their technology, cybersecurity, and liability risks.

The integration of NeoTech Assurances into LSN Assurances will enable the Diot-Siaci Group to strengthen its expertise in technology and cyber risks, consolidate its National Tech Expertise Division, and accelerate its growth among companies in the technology, artificial intelligence, and innovation sectors.

The Scotto Partners team, which advised the Diot-Siaci Group, consisted of Coralie Oger, Adrien Badelon, Emilie Renaud, Bastien Deroch, Daniel Hernandez, and Sarah Lakkis. The executives of NeoTech Assurances were advised by Michael Neuman.

Scotto Partners is a high-end boutique firm specializing in advising executives, founders, entrepreneurs, managers, and family shareholders, and its independence from financial investors is a hallmark of the firm.

In addition to its recognized expertise in negotiating and structuring management packages, the firm has developed leading expertise in balance sheet transactions (LBOs, mergers and acquisitions, initial public offerings, restructurings, capital raises, etc.) and covers all the disciplines required for such transactions.