TURUNÇ has advised, along with Greenberg Traurig LLP, U.S.-based private equity fund Riverwood Capital on its investment in Picus Security, a Turkish-American cybersecurity company focused on breach and attack simulation (BAS) and security validation. The TURUNÇ team included Kerem Turunç, İltem Dokurlar, Noyan Turunç, Esin Çamlıbel, Beste Yıldızili Ergül, Naz Esen, Övgü Kopal, Canberk Taze,...

TURUNÇ has advised Boğaziçi Ventures on its investment in Magfi, a platform that allows advertisers to reach communities on Telegram and Discord simultaneously. Eleven VC also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and gaming. The TURUNÇ team included...

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 Turunç, Naz Esen, Övgü Kopal,...

TURUNÇ authored the Turkish chapter of Lexology Panoramic’s Data Protection & Privacy (2025) title. The contributing lawyers were Esin Çamlıbel, Beste Yıldızili Ergül, Naz Esen and Canberk Taze. The publication, previously known as Getting the Deal Through, is a comparative guide of the legislation relating to data protection and privacy in 35 jurisdictions. In addition to Turkey,...

TURUNÇ authored the Turkish chapter of Lexology Panoramic’s Automotive & Mobility (2024) title. The contributing lawyers were Esin Çamlıbel, Beste Yıldızili Ergül, Naz Esen and Canberk Taze. The publication is a comparative guide of the legislation relating to the regulation of the automotive industry in 19 jurisdictions. In addition to Turkey, the jurisdictions covered by the 2023...

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 capital fund focused primarily on...

TURUNÇ has advised Wellbees, a Turkish-U.S. corporate well-being platform with an international customer base, on its bridge financing round led by Sabancı Ventures. 212, Enocta and angel investors also participated in the round. The TURUNÇ team included Kerem Turunç, Beste Yıldızili Ergül and Canberk Taze. Please see here for more information (in Turkish).

TURUNÇ has advised Boğaziçi Ventures on its investment in Retter.io, a provider of products for faster backend development. Inveo Ventures also joined the round. Boğaziçi Ventures is a leading Turkish Capital Markets Board-regulated venture capital fund focused primarily on fintech, health tech, retail tech and gaming. The TURUNÇ team included Kerem Turunç, Yasemin Erden, Beste...

The Turkish Parliament has recently enacted significant amendments (the “Amendments”) to the Turkish Personal Data Protection Law (“PDPL”). We present below a summary of these Amendments, which will enter into force on June 1, 2024. 1. Processing of Sensitive Personal Data[1] 1.1 Current Legislation According to the current legislation (PDPL article 6), sensitive personal data...