TURUNÇ has advised Turkey-focused private equity fund Taxim Capital on the acquisition of a majority stake in Suwen, a lingerie and undergarment manufacturer and retailer. This is the second investment on which TURUNÇ advised Taxim Capital, having also advised the fund’s formation and its investment in BigChefs. The TURUNÇ team...

The Turkish Law on Industrial Property (the “Law”) was published and entered into force on January 10, 2017. The Law aims to strengthen the protection of intellectual property rights and adopts a similar method and terminology as those used in European Union legislation. Before the adoption of the Law, intellectual...

TURUNÇ has advised Peoplise, a video-based digital recruitment and human resources solutions platform serving a wide range of industries, on the investment it received from 500 Startups, a U.S.-based and globally operating venture capital fund. TURUNÇ had also advised Peoplise (then known as Elba), on the investment it received from...

TURUNÇ has advised the private equity fund Taxim Capital on its acquisition of a 40% stake in BigChefs, a Turkish restaurant chain with an international footprint, from shareholders Gamze Cizreli and Saruhan Tan. This is the first acquisition of Taxim Capital following the first closing of its EUR 100+ million...

TURUNÇ has advised Elba HR (currently being rebranded as Peoplise), a video-based digital recruitment and human resources solutions platform serving a wide range of industries, on the investment it received from Revo Capital, a venture capital fund focused on Turkish technology businesses. The transaction was part of the Borsa Istanbul...

TURUNÇ has advised Borsa Istanbul on its partnership with the Hong Kong Exchanges and Clearing (HKEx) regarding the dissemination of market data on the London Metal Exchange’s (LME) steel billet contract. HKEx is LME’s parent company. The partnership is related to Borsa Istanbul’s acquisition of LME’s equity stake in LCH.Clearnet....

TURUNÇ has advised Borsa Istanbul on its partnership with the London Stock Exchange (LSE) relating to the trading of futures and options on Borsa Istanbul indices and stocks on the London Stock Exchange Derivatives Market. Additionally, FTSE and Borsa Istanbul plan to launch an index partnership involving all Borsa Istanbul-owned...

TURUNÇ has advised CEE-focused private equity fund Royalton Partners on its acquisition, through its portfolio company IUS Legal and Business Solutions, of On İki Levha, a legal publisher. IUS is a provider online legal research tools in Slovenia and Croatia, and plans to offer its services in Turkey through On...

TURUNÇ has advised Rultrans Trasmisyon and its shareholders on sale of Rultrans to Italy’s Megadyne. Rultrans is an Izmir-based producer of PVC and polyurethane conveyor belts. Megadyne is a manufacturer of rubber and polyurethane power transmission belts and belt systems, among other products. The TURUNÇ team included Noyan Turunç, Esin...