TURUNÇ has advised ICV Partners, a private equity firm focused on lower middle market companies in North America, on its sale of Horizon Air Freight, a U.S.-based provider of specialized global marine logistics services, to GHK Capital Partners, a U.S.-based private equity firm. The TURUNÇ team included Noyan Turunç, Kerem...

Gelir Vergisi Kanunu’nda yapılan düzenlemeler[1] (“Düzenlemeler”) ile çalışanlara pay edindirme planları ülkemiz mevzuatında ilk kez[2] düzenlenmiştir. İlgili düzenlemelerin özetini aşağıda takdim ediyoruz.[3] 1. Kapsam Düzenlemeler uyarınca, Sanayi ve Teknoloji Bakanlığı tarafından belirlenecek kriterler uyarınca “teknogirişim şirketi” niteliğine sahip işverenler tarafından çalışanlarına (a) bedelsiz veya indirimli olarak verilecek ve (b) ücret...

TURUNÇ has advised Boğaziçi Ventures on its follow-on investment in Hiwell, an online therapy platform. Eksim Ventures, Ünlü & Co and Kinesis Teknoloji Yatırımları also joined the round. TURUNÇ had also advised Boğaziçi Ventures on its initial investment in Hiwell. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture...

TURUNÇ has advised ComposeVC on the formation of its inaugural venture capital fund, ComposeVC Built-World Fund. The New York-based fund will invest in early-stage startups in the property tech, construction tech and climate tech spaces. The TURUNÇ team included Kerem Turunç, İltem Dokurlar and Naz Esen. Please see here for...

TURUNÇ has advised Gelecek Etki Fonu (Future Impact Fund) on its investment in Mindsite, an e-commerce metrics analytics platform. Finberg, the Turkish Technology Development Foundation, TT Ventures also joined the round. Gelecek Etki Fonu is a Capital Markets Board-regulated venture capital fund managed jointly by Tacirler Asset Management, a leading...

The Turkish Industry & Business Association (TÜSİAD), Turkey’s most influential business association, released its inaugural report on the Turkish entrepreneurship ecosystem on July 2, 2024 at an event attended by market participants and the media. The report, entitled “Türkiye: A Leading Hub for Startups and Tech Companies in EMEA” highlights...

TURUNÇ has advised Boğaziçi Ventures on its investment in Mükellef (known as Workhy internationally), an online platform that allows entrepreneurs to manage company formation and financial processes. APY Ventures, 3dots, Sistem Global, ANKA Ventures and Finberg also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture...

TURUNÇ authored the Turkish chapter of Lexology Panoramic’s Venture Capital 2024 title. The contributing lawyers were Kerem Turunç, Esin Çamlıbel, Yasemin Erden, Naz Esen and Beste Yıldızili Ergül. The publication, previously known as Getting the Deal Through, is a comparative guide of the legislation relating to venture capital investments in 11...

According to data published by CEELMDirect, TURUNÇ worked on more reported client matters than any other Turkish firm in the first quarter of 2024, and managing partner Kerem Turunç worked on more reported client matters than any other lawyer in the Central and Eastern Europe (CEE) region in the same...