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Announced

Completed

Affinity Partners led a $200m round in EMPG.

Synopsis

Affinity Partners, one of the largest dedicated Asian private equity firms, led a $200m round in EMPG, owner and operator of bespoke classifieds portals in emerging markets, with participation from KCK, Acacia Partners and Prosus. “With this round of investment, EMPG begins a new chapter in its success story. We are on track to double our revenue over the last 24 months while achieving an EBITDA positive position, and we look forward to continuing this strong growth trajectory. With the successful closure of this round the company’s focus will now turn towards preparing for an IPO in the near future, which has always been part of our larger vision,” Imran Ali Khan, EMPG CEO.

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