TURUNÇ has advised venture capital fund Vela Partners on its investment in FounderNest. With its origins in Turkey, and partners also operating in the United States and the UK, Vela Partners invests in startups across a variety of industries. FounderNest is an AI-based platform connecting founders and investors for efficient fundraising. The TURUNÇ team was...

TURUNÇ is advising International Container Terminal Services, Inc. (ICTSI), a global port management company headquartered in the Philippines and operating 29 ports in various countries, on its proposed 65% acquisition of Evyap Port, the fourth largest privately-owned Turkish port. Holman Fenwick Willan is acting as English counsel to ICTSI on the transaction, which is subject...

TURUNÇ has advised venture capital fund Vela Partners on its investment in Interviewing.io. With its origins in Turkey, and partners also operating in the United States and the UK, Vela Partners invests in startups across a variety of industries. Interviewing.io is a hiring platform for engineers. The TURUNÇ team was led by Kerem Turunç. Please...

TURUNÇ has advised venture capital fund Vela Partners on its investment in ProsperWorks. With its origins in Turkey, and partners also operating in the United States and the UK, Vela Partners invests in startups across a variety of industries. ProsperWorks is a CRM solutions provider for G Suite. The TURUNÇ team was led by Kerem...

TURUNÇ has advised first-time private equity firm Taxim Capital on the formation and first closing of its Turkey-focused generalist fund, which includes an institutional investor base with a target size of EUR 200 million. In addition to TURUNÇ, Kirkland & Ellis and Mourant Ozannes also advised Taxim Capital. The TURUNÇ team included Kerem Turunç and...

On June 1, 2016, TURUNÇ, the London Stock Exchange (LSE) and Bosphorus IPO Capital, a company that specializes in assisting Turkish and other emerging-market companies with getting listed in London, organized an invitation-only breakfast seminar entitled “Using London’s Capital Markers for Growth & Exits”. The seminar was geared towards private equity and venture capital funds,...

TURUNÇ has advised Borsa Istanbul on the sale of a 10% equity stake to the European Bank for Reconstruction and Development (EBRD). This transaction is the fifth in a series of important international transactions on which TURUNÇ has advised Borsa Istanbul in the last three years. The previous transactions were Borsa Istanbul’s partnerships with NASDAQ...

TURUNÇ has advised UK-based international coffeehouse chain Caffè Nero on the purchase of the entire equity stake held by its Turkish joint venture partner Infinity Invest in Caffè Nero’s Turkish subsidiary. As a result of the transaction, Caffè Nero Turkey has become a fully-owned subsidiary of the Caffè Nero group. The TURUNÇ team included Noyan...

TURUNÇ has advised Borsa Istanbul on its acquisition of all of the stake of the London Metal Exchange in the clearinghouse LCH.Clearnet. This is the third significant international transaction on which TURUNÇ has advised Borsa Istanbul since 2013. The previous two were Borsa Istanbul’s strategic partnership with NASDAQ OMX and its partnership with the London...