Ardian entered into a strategic agreement to become the primary shareholder of Diot-Siaci. The transaction allows for the full exit of Ontario Teachers' Pension Plan (OTPP), as well as the divestment of Cathay Capital and Mubadala. Bpifrance will reduce its stake but remain a minority shareholder. The new capital structure is designed as a balanced partnership between Ardian and the Burrus Group, alongside the management team. This transaction aims to support the group's ongoing growth strategy and consolidate its leadership position in the French and international insurance brokerage markets through a long-term collaborative governance model.

DIOT-SIACI, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the 14.0x average currently observed in the Financial Services sector.

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