Announced

Innova Capital to acquire corporate insurance distribution and services business of Punkta.

Synopsis

Innova Capital, a private equity advisor, agreed to acquire corporate insurance distribution and services business of Punkta, an insurance brokerage firm. Financial terms were not disclosed. “We are excited to join forces with Innova Capital as we accelerate our growth strategy. Their expertise and capital resources will enable us to strengthen our market position and drive consolidation in the brokerage and Third-Party Administrator sectors, both in Poland and across Europe. This partnership marks a major milestone for us, allowing us to enhance our service offerings, expand our presence, and create greater value for our clients and stakeholders,” Roman Czarnowski, Punkta CEO.

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