Sale of significant stake in leading insurance agency to EMF Capital Partners
EMF Capital Partners, UK-based private equity dedicated exclusively to financial institutions in the CIS and Non-EU Central and Eastern European Countries, acquired significant shareholding in Monopoli Sigorta, leading insurance agency based in Istanbul. Monopoli offers all types of non-life insurance policies to individual and corporate customers via its innovative MonoPolicy product. 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. Post-partnership, founding shareholders will remain as the controlling shareholders and carry-on day-to-day management of the Company. Financial and strategic advisor to Monopoli Sigorta