Corsair to acquire a majority stake in MJM Holdings.

Corsair, a private equity firm, agreed to acquire a majority stake in MJM Holdings, an independent commercial insurance broker based in Poland. Financial terms were not disclosed. “Since our founding in 2017, we have had a clear vision of building the leading independent insurance broker active in the Polish market, and our success to date has been driven by putting our customers and colleagues at the heart of everything we do. The backing of Posella Limited and Solter Capital has been critical to our growth and as they exit the business, I would like to thank both of them for their invaluable support. As we enter the next stage of our growth, we are glad to work with a like-minded partner that brings an impressive track record of supporting businesses like ours, and with further investment and the significant experience provided by Corsair, we look forward to continuing our growth story for years to come,” Marcin Ślotała, MJM founder and CEO.