Scotto Partners is advising the shareholder-managers of the Diot-Siaci Group in connection with negotiations with Ardian regarding the restructuring of the group’s ownership structure

Scotto Partners advised the shareholder-managers of the Diot-Siaci Group during negotiations regarding the increase in the Ardian investment fund’s stake in the company. Ardian, which already holds 1.56% of the shares, plans to acquire the stakes held by the Ontario Teachers’ Pension Plan and Cathay Capital, while Bpifrance is also expected to reduce its stake.

Diot-Siaci is a multi-specialty insurance and reinsurance consulting and brokerage group. It develops solutions for large corporations, mid-sized companies, small and medium-sized enterprises (SMEs), and professionals in the areas of life and health insurance, as well as property and liability insurance. The group employs more than 7,000 people in Europe, Asia, the Middle East, and Africa.

During this transaction, Scotto Partners advised the management of the Diot-Siaci Group in its negotiations with Ardian and in renewing the partnership established with Christian Burrus in 2021. Scotto Partners also designed the new management package that will be offered to the group’s senior executives and managers.

This transaction will enable Ardian to become the largest financial shareholder of the Diot-Siaci Group alongside the Burrus Group and management, with the aim of continuing Diot-Siaci’s growth trajectory, which has already increased its valuation from 2.5 to 4.8 billion euros since 2021.

The Scotto Partners team consists of Adrien Badelon (partner), supported by Julia Brochet, Manon Livebardon, and Daniel Hernandez on corporate matters, as well as Emilie Renaud and Jérôme Commerçon (partners), supported by Mélissa Bénaissa and Thibaut Sitoleux on tax matters.

Scotto Partners had previously advised the shareholder-managers of the Diot-Siaci Group on transactions carried out in 2015, 2018, and 2021.

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 leveraged transactions (LBOs, mergers and acquisitions, initial public offerings, restructurings, capital raises, etc.) and covers all the disciplines required for these types of transactions.