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...

Kerem Turunç was a panelists at the Turkey Municipal Finance and Creditworthiness Academy, co-organized by the World Bank and the Turkish Union of Municipalities (TBB). The panel was moderated by Stephen Karam (Lead Urban Economist, The World Bank) and also included Hayrettin Güngör (Secretary-General, TBB), Dr. Ender Aykut Yılmaz (Deputy Director-General, İller Bankası), Emre Elmadağ...

TURUNÇ has advised Charlesbank Capital Partners, a mid-market private equity fund, on Turkish law matters relating to Charlesbank’s acquisition of a controlling stake in Plaskolite, the largest manufacturer of acrylic and other plastic sheet (ABS, PETG and polycarbonate) in the United States. Plaskolite also has a joint venture affiliate in Turkey. Goodwin Procter acted as...

TURUNÇ has advised IMS Health in connection with its acquisition of certain information solutions and customer relationship management (CRM) and strategic data businesses of Cegedim. IMS Health is a U.S.-based global provider of information and technology services to the healthcare industry to measure and improve performance. Cegedim is a multinational health technology company headquartered in...

TURUNÇ has provided Turkish law advice to Balfour Beatty on the sale of its professional services division, Parsons Brinckerhoff, to WSP Global. Balfour Beatty is a UK-headquartered globally operating company focused primarily on infrastructure and construction services. WSP is Canada-headquartered multinational professional services firm focused on engineering solutions. Parsons Brinckerhoff is headquartered in New York....

TURUNÇ has advised Borsa Istanbul on its strategic partnership with NASDAQ OMX. The scope of the partnership is broad and includes, among other things, NASDAQ OMX taking an equity stake in, and providing its most advanced market technology products with regional resale rights to, Borsa Istanbul. The TURUNÇ team was led by Kerem Turunç. Linklaters...

TURUNÇ partner Kerem Turunç authored the Turkey chapter of the book The ABA Guide to International Bar Admissions, published by the Section of International Law of the American Bar Association. The book provides an overview of bar admission requirements in over 50 countries, with a particular focus on foreign applicants and applicants seeking to be...

TURUNÇ is acting as Turkish deal counsel in Sealed Air’s proposed $4.3 billion acquisition of Diversey Holdings. The closing of the transaction in expected to happen in 2011 after receipt of customary regulatory approvals. Diversey is a global commercial cleaning, sanitation and hygiene solutions provider. Sealed Air is a global manufacturer of packaging, and performance-based...

TURUNÇ is pleased to announce that Kerem Turunç has joined the firm as a partner. Kerem joins us from Cleary Gottlieb Steen & Hamilton LLP, having worked in that firm’s New York and London offices. Kerem is an expert in cross-border financial and corporate transactions. He has extensive experience in public and private securities offerings...