Corsair acquires Posella’s stake in MJM Holdings

Corsair, an American private equity firm operating in the payments, software and business services industries, has signed a definitive agreement to acquire a majority stake in MJM Holdings, a Polish insurance brokerage company co-owned by Posella Limited.

Corsair has agreed to purchase all of the equity owned by Posella Limited and fellow investor Solter Capital.

Posella invested in MJM Holding at its inception in 2017 and now exits the company after seven years. MJM Holding’s CEO, Marcin Slotala, commented that it has provided “invaluable support” which proved “critical” for the company’s rapid growth.

The agreement represents another successful venture in the financial intermediation industry for Posella Limited.