Law firm Stephenson Harwood LLP has advised the management of SIACI Saint-Honoré, the fourth largest insurance brokerage in France with a strong international presence, on the majority buyout of the group.
The management, backed by private equity house Charterhouse, has entered into exclusive negotiations with the group's historic shareholders, Ardian and Edmond de Rothschild.
Subject to mandatory clearances, completion is expected to occur by September 2018.
The Stephenson Harwood team advising the management of SIACI Saint-Honoré on this complex and major transaction was led by Paris-based partner Patrick Mousset and senior associate Indranee Dursun.