Globally leading real time location/AI/IoT company Litum partners with the leading private equity in Turkey in a deal led/advised by Ventura Kerim Kotan.
Denizli-based tiplay studio seeks to mobilize talented mobile game developers and teams with its oFON Incubator and apprenticeship program. Its CEO Ermeç says the industry would put on the global market games developed by 100,000 people within five years
DigiME, which has completed its third investment round, is a Turkish startup that uses three-dimensional imaging technology together with artificial intelligence to perform high-precision body and posture analysis. It is also the only mobile system in the world in this field
Turkey-based game developer Tiplay Studio announced that it raised $500,000 in a Series A funding round. Re-Pie led the financing round with participation from leading investors such as Saruhan Tan and Kerim Kotan. The round has also raised Tiplay’s valuation to $25 million.
Turkish mobile game company Tiplay Studio raised $500,000 after a Series A venture funding round at a $25 million valuation! The funding round was spearheaded by Re-Pie and brought together by top investors Kerim Kotan...
The funding round was led by Re-Pie, and featured participation from lead angel investors Kerim Kotan and Saruhan Tan. Founded in 2019, Tiplay Studio is a developer and publisher of hypercasual and idle mobile games, alongside games for Snap Inc, including Water Shooty, Joust Run, and Dodge Master. The studio currently consists of 40 employees.
Ventura Kerim Kotan closes a leading transformer company Esitas to Spanish Arteche.
Nevzat Aydın, Alp Saul, Galip Selçuk and Kerim Kotan joined this financing round.
Turkey-focussed private equity firm Actera has invested in Litum Technologies Inc, a local company that makes industry Internet of Things (IoT) sytems and location-tracking software.
Turkish hosting provider Natro acquired by team.blue in a deal advised by Ventura Kerim Kotan.
Natro, a hosting provider in Turkey has been now acquired by the Belgian digital enabler team.blue. The merger includes Combell Group, TransIP and Register Group.
The US and Turkey have had a mixed and sophisticated relationship for the last 150 years. It has never gotten as bad as today. However, there is an important saying for Turkey - you should never be too optimistic or pessimistic about Turkey as things can and do change quite fast. The US has $60 billion worth of direct investments in Turkey, along with an annual $20 billion trade.
Leading Turkish web hosting provider Natro has been acquired by team.blue, a merger of Combell Group, TransIP and Register Group, the European digital enabler announced Monday. The acquisition marks a large step for team.blue's plans to expand its footprint in the fast-growing Turkish digital market.
Mergers & Acquisitions guru Kerim Kotan says as long as we have the 80 million population, $750 billion economy, young demographics and a country location geo-strategic importance, foreign investment interest will never end
Kerim Kotan says “Turkey has been one of the top investment destinations for Qatar. To date, there was a lot of interest from Qatar in banking & financial services, real estate and media”
These first half numbers suggest that Turkey will outpace the full year numbers of 2017, which saw around 300 M&A transactions at a total value of USD 10 billion. Kerim Kotan
Western Europe and Asia, each valued at as much as $250 million, said Managing Director Kerim Kotan in an interview. “We are aiming to close all three deals by the end of 2017.”
Kerim Kotan advises in closing of the first private equity deal right after the failed coup.
It daes not take a rocket scientist to see that any industry that touches the oonsumer will attract interest," said Kerim Kotan, who previously advised KKR ...
Mr Kotan says he has seen no drop in appetite for investment in the country. Private equity investors are not...
Global Investment House KPSC, a Kuwait-based investment company, agreed to buy a majority stake in Olgarlar, an Istanbul-based distributor of sports clothing brands including Quiksilver, Salomon and Rossignol. Global Capital Management Ltd., Global Investment’s private equity arm, is making the acquisition through one of its funds called GMFA, according to an e-mailed statement from the companies Wednesday. The companies didn’t give information on the financial details of the deal. Olgarlar Spor Malzemeleri, as the company which also operates its brand SPX in Turkey is formally known, is Global’s fourth investment in the country after airport operator TAV Havalimanlari Holding AS, medical equipment maker Bicakcilar Tibbi Cihazlar AS and women’s apparel and accessories seller Yargici Konfeksiyon, Managing Director Sulaiman Al-Rubaie was cited as saying in the statement. Kerim Kotan who advised Olgarlar on the transaction said “We will close seven or eight more deals after three we have closed so far this year including the Olgarlar deal and the total size of those deals will exceed $1 billion.”
Baker & McKenzie advised Kerim Kotan on the acquisition of a hedge fund in Turkey
GMR Infrastructure, which is currently modernising the Delhi airport and building the greenfield airport at Hyderabad, has bagged the tender for developing the Sabiha Gokcen International Airport (SGA) at Istanbul, Turkey. GMR claimed that it was the first time any Indian airport developer had bagged the tender for the development of an international airport under the build operate and transfer (BOT) model.
Kerim Kotan says "Penti's existing owners wanted to maintain a majority stake to capture as much upside as possible yet gain global know-how for its international expansion"
Kerim Kotan provides "independent" advisory in real terms for its clients with years of experience. He says "My sell-side clients' business plan must be both assertive and realistic. Both the current picture and the potential must be conveyed in the best possible way."
AE Arma-Elektropanç has sold a majority stake to the Dutch technical services firm, Imtech, as part of a global expansion deal, the Turkish MEP contractor has announced. Listed on the Netherlands stock exchange, Imtech operates in the field of electrical solutions, ICT and mechanical solutions. It employs more than 28,000 employees and has a turnover in excess of $6.7bn.
Three investor groups including an Indian drugmaker will invest in three Turkish companies in the first quarter of this year, said Kerim Kotan, who advises for the Indian company. A Japanese fund plans to buy stake at a non-banking financial company in Turkey, among the three transactions, Kotan said. The third deal is expected by a private equity fund seeking to acquire a Turkish consumer goods company, he said.
“Despite all the global uncertainties and risks, it seems as if everyone wants a piece of Turkey,” Kerim Kotan, said in an interview at his Istanbul offices. “Over the past 15 years in investment banking in Turkey, I cannot recall a period when we have been busier.”
Kerim Kotan says "The obvious downside of equity offerings include the IPO valuation discount; you would need at least a $100 million float to create an attractive offering; the difficulty of timing for the IPO; the preference of strategic and financial investors buying into privately-owned companies as opposed to publicly owned and traded ones; and equity investors also not liking buying out founders"
Kerim Kotan says that even in the current climate, there are good pros- pects for deals with Gulf pri- vate equity firms, especially with companies suffering cash ...
Today in Ankara, the Verbund/Sabanci bidding consortium was selected best bidder by the Turkish Privatization Agency in the tendering processes for the acquisition of 100 % of the shares in the company Baskent EDAS, operating the electricity distribution in the region of Ankara. The Baskent region supplied some 10 TWh to its electricity customers in 2007. GMR claimed that it was the first time any Indian airport developer had bagged the tender for the development of an international airport under the build operate and transfer (BOT) model.
Russian oil giant Lukoil has agreed to pay more than $500 million for Turkish petrol and petroleum products distributor Akpet, the firms announced in ?stanbul on Monday. LUKOIL BUYS AKPET FOR $500 MILLION Russian oil giant Lukoil has agreed to pay more than $500 million for Turkish petrol and petroleum products distributor Akpet, the firms announced in ?stanbul on Monday.
Russian oil giant Lukoil has agreed to pay more than $500 million for Turkish petrol and petroleum products distributor Akpet, the firms announced in ?stanbul on Monday. LUKOIL BUYS AKPET FOR $500 MILLION Russian oil giant Lukoil has agreed to pay more than $500 million for Turkish petrol and petroleum products distributor Akpet, the firms announced in ?stanbul on Monday.
Privately owned French supermarket group Auchan [AUCH.UL] said on Tuesday it had agreed with Turkish construction-to-energy firm Enka Insaat ENKAI.IS to operate 14 Turkish-controlled Ramstore hypermarkets in Russia.