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Sell-side advisory to Mikro’s shareholders in selling majority stake in Mikro to Turkven and Earlybird

Mikro Yazılım is a leading enterprise application software company in Turkey with more than 60,000 customers. Mikro Yazılım offers proprietary software products for accounting, finance, payroll, inventory management and manufacturing as well as e-transformation services for e-invoice, e-archive, e-ledger and registered e-mail. Turkven is the leading private equity firm in Turkey with assets under management of US$2 billion. Earlybird is a European venture capital investor firm with assets under management of US$1 billion. Turkven and Earlybird acquired majority of Mikro Yazılım.

Kerim Kotan said “”Turkven was the preferred bidder from the very beginning for Mikro as there was a clear alignment of vision and strategy culminating around consolidation of the Turkish market and regional expansion”