Monopoli Sigorta A.S. has sold a significant stake to EMF Capital Partners
The private shareholders of Monopoli Sigorta A.S. have sold a significant stake in the company to EMF Capital Partners. Financial details have not been disclosed.
Monopoli Sigorta is a leading insurance agency based in Istanbul, Turkey. Then firm offers all types of non-life insurance policies to individual and corporate customers via its innovative MonoPolicy product. This partnership will provide further boost to Monopoli Sigorta’s high-growth trajectory with its unique product, customer friendly and efficient sales strategy, well-structured operational IT infrastructure, and sub-agency consolidation model. Following the transaction, the founders will remain as controlling shareholders and will manage the company.
EMF Capital Partners is a UK-based private equity firm dedicated exclusively to financial institutions in the CIS and non-EU Central and Eastern European countries.
Oaklins' team in Turkey acted as the financial and strategic advisor to Monopoli Sigorta and its shareholders.
Talk to the deal team
Related deals
Cleanroom Combination Group has been acquired by Craft Capital
Cleanroom Combination Group (CCG), a Netherlands-based leading player in the design, construction and maintenance of high-quality cleanrooms, has been acquired (majority) by Craft Capital, a Netherlands-based private equity firm. By joining forces, CCG will accelerate growth in the market of cleanrooms.
Learn moreLitecad has been acquired by The Specialist Group
Litecad, the Netherlands-based engineering firm and provider of technical secondment services, has been acquired by The Specialist Group (TSG), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences. Together, TSG and Litecad will continue supporting clients in their transition towards new energy and sustainable operations.
Learn moreScaleAQ acquires Skala Maskon
TINE SA, one of Norway’s largest food companies, and Nortura SA, a large food producer, have sold Maskon AS to ScaleAQ.
Learn more