Business
Pemba Capital jumps back into insurance sector – The Australian Financial Review
Fresh from offloading a 49 per cent stake in Coverforce, mid-market private equity firm Pemba Capital is jumping back into the insurance sector with a new investment….
Mid-market private equity firm cant keep away from Australias insurance sector.
Only weeks after offloading a 49 per cent stake in broker group Coverforce, Pemba has agreed terms to invest in two independent premium funding businesses and combined them to create the countrys biggest independent player.
Pemba is bankrolling the combination of two premium funding groups, which will be combined under a new name. Rohan Thomson
The businesses to be combined are Premium Funding Pty Ltd and Principal…
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