Siaci Saint-Honoré / Newstone Courtage
The merger between Siaci and Assurances et Conseils Saint-Honoré (ACSH) in April 2007 created France's fifth-largest insurance brokerage firm, which was renamed Siaci Saint-Honoré.
The capital of the holding company created at this time is held by the management (20% of the capital), Compagnie Financière Edmond de Rothschild Group (45%), the leading European broker Jardine Lloyd Thomson (20%) and Paris Orléans (15%).
Paris Orléans is a longstanding shareholder in Siaci. The performances generated by this holding with regard to first two LBOs carried out in 2000 and 2003 far exceeded expectations, with a multiple of above 11x for an initial investment of €10 million.
Website: www.s2hgroup.com
| As at 31 March 2009 | |
|---|---|
| Invested amount | €26.9 million |
| Estimated value | €32.8 million |
