Announced

Completed

Ardian and Burrus completed the acquisition of a majority stake in Diot-Siaci from Bpifrance, OTPP, and Cathay Capital, for $5.643bn.

Synopsis

Ardian, a private investment firm, and Burrus, an insurance agency, completed the acquisition of a majority stake in Diot-Siaci, a corporate insurance brokerage, from Bpifrance, OTPP, and Cathay Capital, an institutional and investment firms, for $5.643bn. “Ardian’s arrival in our capital demonstrates the market’s confidence in the continued development of our Group and its teams, and will enable us to pursue our strategy of strong international growth,” Cédric Charpentier, Diot-Siaci CEO.

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