Akol Law is ‘one of the market leaders in terms of M&A‘, acting for international companies investing in or withdrawing from Turkey, and for domestic companies in headline transactions. The department also covers day-to-day corporate and commercial advice, supporting clients from a host of industries. The fintech sector has been a recent trending area in the Turkish market and the firm has been one of the first to regularly advising in the field, representing key client Sovos Compliance, who has made a number of investments in Turkish fintech companies. Practice co-heads Meltem Akol and Tuğçe Tatari are well-regarded by clients, Akol praised as ‘one of the pioneers in the Turkish M&A market’, and Tatari as ‘hands on, reliable and to the point‘. Senior associate Başak Belet rejoined the firm in April 2022, and Pınar Babaoğlu and Selin Tomay are further contacts to note.
Commercial, corporate and M&A in Turkey
Akol Law
Practice head(s):
Meltem Akol; Tuğçe Tatari
Other key lawyers:
Başak Belet; Pınar Babaoğlu; Selin Tomay
Testimonials
‘Akol is one of the market leaders in terms of M&A. Meltem has been practicing M&A for over 28 years and Tugce has been in the market for more than 15 years. Their combined expertise is comparably above many of their peers in the market. They are very active and therefore are creating most of the market trends and so they are able to find creative, fast and reliable solutions to most of the problems that you face with in M&A transactions. They provide to the point and commercially-sensible advice.’
‘We have mainly worked with Meltem and Tugce as the lead partners in transactions. Meltem is one of the pioneers in the Turkish M&A market. She has been involved in many landmark transactions and she is one of the go-to lawyers if you have a complex transaction. Tugce has been acting as the lead lawyer in many transactions in the past 5-6 years. She is hands on, reliable and to the point in her advice.’
‘We always get the best legal assistance from Akol’s team, and we always feel confident that we don’t need to double check, or seek for alternative opinion.’
‘Tuğçe Tatari, the engagement director and partner of Akol Law, is a very successful leader, coordinating the services they provide in the most effective way. She is always responsive and goes for the extra mile at all instances. She is one of the most knowledgeable lawyers in M&A and corporate law topics. She combines her expertise with highest level of dedication, involvement and sacrifice.’
‘Pınar Babaoğlu is the most diligent, hardworking, knowledgeable legal counsel at this level I have ever worked with. She is incredibly responsive, and submits the most comprehensive legal opinions we need in a timely manner. The output quality, both in terms of content and punctuality, is at state-of-the-art level. If I had the opportunity, I would have hired her at all expenses. I see her as the best commercial and corporate law expert in Turkey within 5 years.’
‘Will always take out calls no matter the time. They care not only for our company but also our personal well being as founders when assisting us with important legal decisions.’
‘Akol is the best, most comprehensive, most business-minded law firm in Turkey. They are fully capable of handling all corporate matters, including strategic M&A, litigation, and employment matters needed by a global business with a presence in Turkey. The team is strong top to bottom and understands our business and legal needs.’
‘Tugce Tatari is a star who is one of the best relationship partners we work with anywhere in the world. She is super responsive and always available to provide advice or point us to the right resource to provide advice.’
Key clients
Eczacıbaşı Holding A.Ş.
CEECAT
EBRD
Hacı Ömer Sabancı Holding
Türkiye Wealth Fund
Sovos Compliance LLC
OH Oil Investments LLC
Ekol Ofset Matbaacılık Tesisleri Ambalaj San. Ve Tic. A.Ş.
Elekta Solutions AB
Majorel Group
Multi Corporation
Blackstone Inc.
Doğan Holding
Palmet Enerji A.Ş.
Actera Partners
Obilet Bilişim Sistemleri A.Ş.
Elekta AB
Work highlights
- Advised Eczacibasi Holding on its acquisition of a 99.6% stake in Gensenta Pharma from Amgen.
- Advised CEECAT and EBRD in their minority subscription into TURK Elektronik Para and Turk Finansman.
- Assisted Turkish Wealth Fund with its acquisition of 55% of share capital of Türk Telekom from LYY Telekomunikasyon.
Balcioglu Selçuk Ardiyok Keki
The extensive and experienced corporate law practice at Balcioglu Selçuk Ardiyok Keki is a strong choice for international companies with operations in Turkey, or those investing into the country. It is a regular fixture in some of the market’s largest deals, whether it’s traditional M&A, joint ventures or exits from Turkey. Galip Selçuk oversees the department and is an experienced figure across business law, drawing together related practice areas of the full-service firm. Selim Keki has extensive experience in transactions in all of Turkey’s key industries, and Doğan Eymirlioğlu is a key contact when in comes to contracts work, including asset purchase agreements, shareholders agreements, insurance policies, franchising and management contracts and advising foreign and local investors. Okan Arıcan joined from BTS & Partners in April 2022 and is a client favourite, noted as‘a brilliant lawyer' who is 'always available and ready to support‘.
Practice head(s):
Galip Selçuk
Other key lawyers:
Selim Keki; Doğan Eymirlioğlu; Gökçe Sarısu Kanmaz; Selahattin Kaya; Okan Arıcan
Testimonials
‘Efficient and knowledgeable team with great experience and focus on the client.’
‘Okan was very helpful and supportive, he guided us through all the steps of the project and he is always to-the-point.’
‘BASEAK is one of the leading law firms in Turkey, not only in the entrepreneurship & technology space, but across a wide breadth of focus areas. Their global network adds significant value for us, 500 Emerging Europe, where we invest in technology startups from Central & Eastern Europe and try to take them to the global stage.’
‘We work very closely with Okan Arican, a partner at the firm. I’ve known Okan for more than 6 years, and believe him to be the leading technology & entrepreneurship-focused lawyer in Turkey & around the region. He has been one of, if not the top instrumental figure, in shaping up the legal infrastructure & common business practices with a focus on entrepreneurship in Turkey.’
‘We believe what makes this practice unique is the people quality and the knowledge comes with long years of practice. BASEAK partners’ unique capabilities of client relationship makes it easier to choose the law firm we would like to work with.’
‘Okan Arican. He is an exceptional partner and an excellent advisor of our funds. We would like to work with him as long as we can.’
‘Brilliant lawyers with extensive experience, business vision, commercial sense, problem-solving abilities. I was very satisfied.’
‘Okan Arican is a brilliant lawyer, he’s always available and ready to support, he has extensive experience and clear vision of what and how has to be done.’
Key clients
Eren Paper Ltd
Ace Games
Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş.
Multitek Elektronik Sanayi A.Ş.
Tepe Insaat, Akfen Holding and IDO İstanbul Deniz Otobüsleri Ticaret ve Sanayi A.Ş.
Philip Morris International
HDF Cars Araç Kiralama Hizmetleri A.Ş.
Tepe Savunma ve Güvenlik Sistemleri Sanayi A.Ş.
P. Van De Velde Group
Mercedes-Benz Finansman Türk A.Ş.
Sabanci Holding
Bank Hapoalim
Work highlights
- Advised private investment firm B-Flexion and Affidea Group on the sale of the group to Belgian investment firm Groupe Bruxelles Lambert (GBL).
- Advised Brisa on the purchase of 88.89% stake from Özer Hıncal and Track Holdings in Arvento M2M Elektronik Sistemler.
- Advised HDF Cars Araç Kiralama Hizmetleri on its purchase of 86% stake in Hedef Araç Kiralama ve Servis, from Tcar, and purchase of 14% stake in Hedef Filo from Mr. Önder Erdem and Mr. Ersan Öztürk.
Esin Attorney Partnership, a Member Firm of Baker McKenzie International, a Swiss Verein
‘Undeniably one of the best M&A teams in Turkey‘, Esin Attorney Partnership, a Member Firm of Baker McKenzie International, a Swiss Verein is a renowned figure in the market’s standout transactions, as well as being relied upon by its clients for the full suite of corporate law advice. Over 2021 and 2022, the practice was prominent in the manufacturing, EMI, TMT and food and beverage sectors, advising on both the buyer and seller sides. Eren Kurşun heads the firm’s M&A and private equity department and is one of the country’s most sought-after transactional lawyers. The team also includes Duygu Turgut, who is strong on EMI law, and ‘brilliant young partners‘ Ali Selim Demirel and Orçun Solak.
Practice head(s):
Eren Kurşun
Other key lawyers:
Duygu Turgut; Caner Elmas; Ali Selim Demirel; Orçun Solak; Mehmetcan Atasoy
Testimonials
‘Esin Attorney Partnership is so far the number one law firm we have worked with in Turkey. I work with them almost in every matters, M&A, financing, compliance, general legal advice etc. All the associates at each level are chosen very carefully, they choose top tier law students as interns. All the attorneys have indebt knowledge of legal matters and give valuable legal advice. Their client treatment is extremely good.’
‘Ali Selim Demirel and Orçun Solak are brilliant young partners. They have comprehensive legal knowledge and have excellent drafting and negotiation skills.’
‘I am a former senior associate at Baker McKenzie Istanbul (BM Istanbul); therefore, I will do my best to be objective.’
Key clients
PEAK Games
OYAK (Turkish Military Pension Fund)
Ferrovial Aeropuertos España, S.A
Mando Corporation
SIKA AG
Cigna Corporation
Arena Bilgisayar Sanayi ve Ticaret Anonim Şirketi
Mondi A.G.
Kraft Heinz Company
Ak Yatırım
NH Foods Ltd
Hyundai Motor Company
Cargill Tarım ve Gıda San. Tic. A.Ş.
Index Ventures X (Jersey) LP
Investcorp
KAMCO
SPI International B.V. (and its individual shareholders)
ISS World Services A/S
CFM Soğutma ve Otomasyon A.Ş.
Air Liquide
Actera Group
Acıbadem Healthcare Group
Alictus
Limak Holding A.Ş.
Multinet Kurumsal Hizmetler A.Ş. (and its shareholders)
Fin Tech Invest BV (and its ultimate controller, Mr. Sevket Basev)
Çalık Holding
Amgen International
Cosentino
Invus and other shareholders of Airties
Arena Bilgisayar Sanayi ve Ticaret Anonim Şirketi
Work highlights
- Advised ISS on the sale of 40% of ISS Tesis Yönetim Hizmetleri’s shares to Actera by way of share sale and subscription and settlement with the current management of ISS Tesis.
- Advised Ferrovial on its €140m acquisition of a 60% stake in YDA Havalimanı Yatırım ve İşletme which holds the operating rights of the terminals of Dalaman Airport in Muğla, Turkey from YDA İnşaat.
- Assisted the principal shareholders of Finvus, as well as the management shareholders, with the sale of its shares in Airties Kablosuz İletişim San. ve Dış Tic.
GKC Partners (in professional association with White & Case)
GKC Partners (in professional association with White & Case) has especially strong relationships with clients in the finance and technology spaces, acting in the gamut of transactional matters, as well as supporting with corporate governance considerations. The e-commerce and broader fintech sectors have been growth areas in Turkey in recent years, and the practice has handled a significant number of deals in these fields. Practice head Emre Özşar counts Softbank Vision, Zynga Games and BBVA among his clients, and is admired for his ‘ability to manage difficult situations‘. Senior associate Can Tolga Tezel also comes with client recommendation, and Aslı Gülüm and Gökçen Durgut are further key contacts.
Practice head(s):
Emre Özşar
Other key lawyers:
Can Tolga Tezel; Aslı Gülüm; Gökçen Durgut
Testimonials
‘ The strongest feature of the team is to have excellent capability in terms of their know-how, their on the ground offering and their partner led practice where we have felt Emre Özşar’s presence and support from day one until the end of the transactions.’
‘I would certainly single out Emre Özşar among his peers. Due to my background and experience I have worked with many different partners from many important law firms in Turkey and I can wholeheartedly say that Emre is simply the best among his competitors.’
‘Can Tolga Tezel is a very good lawyer; he is always very calm, and was always very reachable and extremely hard-working. It was very clear that Tolga was also very experienced in M&A transactions, and I was impressed with his legal capabilities and knowledge too.’
‘The most important feature of GKC compared to the other law firms is the fact that they take ownership of the matter and always try to deeply understand the business where they are requested to legally advise. That is very critical and very difficult to find in others. In addition to that they truly work as a full team in a great harmony; and you feel like they are really taking care of the client and the matter.’
‘Emre Özşar is a problem solver. No matter how complex the issue can be he always comes up with a solution. He’s very smart, hard-working and has extensive negotiation skills. Thanks to his strong character and persuasion skills we reached a very positive result in both transactions from a legal and commercial perspective.’
‘In addition to Emre Özşar, who is the best M&A lawyer I have worked with, I would mention Can Tolga Tezel who is a senior member of Emre’s team. Tolga is very experienced, and he is a great technical lawyer.’
‘Dedication to the project; able to understand the client’s needs and find solutions; great teamwork; valuable technical legal knowledge.’
‘Emre Ozsar is an excellent lawyer; his strong legal and negotiation skills are very helpful from client’s perspective. Emre’s ability to manage difficult situations and calls are unparalleled.’
Key clients
Grupo BBVA
SoftBank Vision Fund LP
Delivery Hero SE
TFI TAB Gıda Yatırımları A.Ş.
Zip Co Limited
UniCredit
Zynga Inc.
Hanwha Energy Corporation Singapore Ltd.
IFC
Kalyon İnşaat Sanayi ve Ticaret A.Ş.
Goldman Sachs
EBRD
Work highlights
- Acted for SoftBank Vision Fund in its primary investment with certain other financial investors in DSM Grup Danışmanlık İletişim, trading as Trendyol.
- Advised Delivery Hero on its acquisition of the shares representing the entire share capital of Marketyo Bilişim Teknoloji from its shareholders Önder Fırat, Özer Fırat, Esor Investments Holding and Gökçer Gökdal.
- Advised Kalyon on the sale of its shares representing 50% of the share capital of Kalyon Enerji Yatırımları to W Solar Investment.
Hergüner Bilgen Üçer Attorney Partnership
The lawyers in Hergüner Bilgen Üçer Attorney Partnership‘s corporate and M&A department are ‘deeply experienced in their area‘ and admired for giving ‘clear and practical advice‘. The firm has a longstanding strong reputation in the market and is regularly a part of innovative and precedent-setting deals, be it in essential or emerging sectors. Mert Oğuzülgen is appreciated by clients for his ‘vast range of experience‘ and is one of five co-leads of the wider department. Ümit Hergüner, co-founder and senior partner, takes a leader role in the foremost matters, and Kayra Üçer is the name to note for all corporate governance work. Deniz Tuncel is particularly strong in the energy sector, while crosses the projects, energy and corporate law areas. Emel Tulun and Zafer Yılmaz are the senior associates with most involvement in this practice area.
Practice head(s):
Ümit Hergüner; Kayra Üçer; Mert Oğuzülgen; Deniz Tuncel; Zeynep Tor
Other key lawyers:
Emel Tulun; Zafer Yılmaz
Testimonials
‘Herguner’s capabilities are broad and cover all aspects of our Turkish legal needs – be it corporate, regulatory or litigation. Each of the lawyers I have worked with is deeply experienced in their area and offer clear and practical advice based on their understanding of not only the express provisions of rules and regulations but also what is going on in the market.’
‘Mert Oğuzülgen is our go-to lawyer in Turkey and he is able to draw upon his vast range of experience to give us helpful advice on complicated legal issues where there is often no clear-cut answer. We have worked with him for over 5 years and we are highly satisfied with his expertise, responsiveness and sense of responsibility to take care of us as one of his regular clients.’
Key clients
ALIBABA.COM SINGAPORE E-COMMERCE PRIVATE LIMITED
SciPlay Corporation
Manuport Logistics NV
International Paper
Crown Holdings, Inc.
Standard Textile Co., Ltd
Çimsa Çimento Sanayi Tic. A.Ş.
Croda International Plc
Değer Merkezi Hizmetler ve Yönetim Danışmanlığı A.Ş. (Doğan Group)
Arteche Group
Veltia S.A.
Akkök Holding A.Ş.
Work highlights
- Acted for Polat Holding in formation of a new joint venture with Maxis Girişim Sermayesi Portföy Yönetimi A.Ş. Temiz Enerji Girişim Sermayesi Yatırım Fonu.
- Advised Alibaba.Com Singapore E-Commerce on its latest fundraising round, which brought in an additional $1.5bn investment to Trendyol.
- Acted for SciPlay in the two phased acquisition of a 100% stake in Alictus Yazılım Anonim Şirketi, a Turkish mobile gaming start-up.
Kolcuoglu Demirkan Koçakli
Kolcuoglu Demirkan Koçakli‘s ‘very impressive team of practitioners‘ is best known for its large-scale projects in highly regulated sectors, including insurance, pharmaceuticals, financial services and energy. Private equity funds frequently instruct the practice on their investments into Turkey, and the client base also includes other major investors, and multinationals in a diverse range of industries. In counterpart to its transactional practice, the firm also has strength in contract negotiations, corporate governance and compliance work. The department is jointly overseen by Umut Kolcuoğlu and Serhan Koçaklı. Bihter Bozbay Inan, and managing associates Gökçe İldiri Coşgüner and Alp Erçetin are further key contacts.
Practice head(s):
Umut Kolcuoğlu; Serhan Koçaklı
Other key lawyers:
Bihter Bozbay Inan; Melis Öget Koç; Gökçe İldiri Coşgüner
Testimonials
‘Motivated and high skilled team, very easy and good communication.’
‘The KDK corporate team are highly responsive, commercial in their responses and technically excellent. Our “go-to” team in Turkey.’
‘A very impressive team of practitioners. Provide clear, concise and commercial advice. Hugely responsive and reliable.’
‘The team is very well organised and business oriented. They demonstrate not only excellent knowledge of the applicable legislation but also keep in mind the relevance of the advice to the business needs of the client. The response of the team is always very detailed and well structured.’
‘As our legal advisor on many topics such as commercial law, competition law, corporate law and M&A we are glad to state that when it comes to client satisfaction, Kolcuoglu Law Firm is highly on point in terms of prompt, affective and competent service. They are always ready to help with their professional, insightful and result-oriented team.’
‘Team members of the Kolcuoglu Law Firm, both partners and associates are quite reachable and well engaged with our problems. They are aware of the needs of their clients, and they are focused on getting the satisfactory conclusions with the realistic point of view. They laid-out the process at the begging with clear timeframes and we kept informed by them in every step of the way in a very plane and understandable language.’
‘The commercial, corporate and M&A practice at Kolcuoğlu Demirkan Koçakli Attorneys at Law provides a full and high-quality legal assistance to international clients. In particular, it perfectly assists international clients in connection with all types of businesses from their setting up, always leading clients to a successful result.’
‘Lawyers at Kolcuoğlu Demirkan Koçakli Attorneys at Law efficiently advice international clients on their market entry and investments in Turkey. The offer high-quality legal assistance, excellent interpersonal skills, ability to work under pressure and commitment to every single issue, no matter the complexity involved.’
Key clients
Vitol
Glencore
Tcar Sarl (SPV of Southeast Europe Equity Fund II, LP)
MIC Capital Management 39 RSC Ltd
Boyner Group
Qterminals
BMS Group
Schaffhausen Institute of Technology Operations AG
ORIX Corporation
team.blue NV
Sphere SA
Theegarten-Pactec GmbH & Co. KG
Blutv
SolarWinds
Doğan Holding and Doğan Music
Koç Holding
Mediterra Capital
Turkven
Bunzl
Duracell
Iyzico
Ruhrpumpen Industrial Sociedad Anonima De Capital Variable
HDI Insurance
Logo Software
Vansan Machinery
Vinmar Group
Deloitte
TPI Composites
The Boston Consulting Group
PayPal
Magneti Marelli
Akemi
LR Health & Beauty Systems
Helen Doron
Bozetto
Hugo Boss
Gucci
Wabtec Corporation
Cummins
W.A.G. Issuing Services, a.s.
Huntsman
Hedef Filo
Glasshouse IT Systems
NN Group
Sesa Packaging
Brightstar Capital Partners
Enabler Music
Momento
Clonera Bilişim
Likewize Corp.
Turk Elektronik Para
Logo Teknoloji and Logo Siber
Work highlights
- Advised MIC Capital Management 39 RSC Ltd on the $800m investment made in Getir by way of share subscription.
- Advised Turkven Private Equity on its $422m exit from Elif Plastic.
- Advised Turk Elektronik Para on a ₺600m share subscription by institutional investors, i.e., EBRD, CEECAT Capital, Alpha Associates and Revo Capital.
Paksoy
Paksoy‘s ‘strong, experienced and commercial team‘ for corporate law more than holds its own against the international firm affiliates in the market, handling foreign investment in Turkish targets, in addition to being favoured counsel for domestic parties in global transactions. Clients include a diverse list of companies, as well as prominent domestic and international private equity houses, for whom the firm acts on both on the sell-side and the buy-side. Three lawyers spearhead the department: Elvan Aziz, whose broad business law expertise also includes labour and real estate law; Togan Turan, whose M&A work includes due diligence investigations, contract drafting, and negotiating and structuring deals; and technology and digital services expert, Stéphanie Beghe Sonmez. Nihan Bacanak and Nazlı Bezirci are young partners with strong practices in the area.
Practice head(s):
Elvan Aziz; Togan Turan; Stéphanie Beghe Sönmez
Other key lawyers:
Nihan Bacanak; Nazlı Bezirci
Testimonials
‘The team is very knowledgeable on corporate and banking regulatory aspects.’
‘The team is very reactive. In particular, partner Stephanie Beghe is client oriented and always tries to find solutions.’
‘Strong, experienced and commercial team. Very committed to the project.’
Key clients
BPCE / Natixis
Carrefour
DW Reusables
European Bank for Reconstruction and Development (EBRD)
Fedrigoni
GeoPost
General Atlantic
Global Founders Capital
Imerys
Landis+Gyr
OLX Autos
Orica
PwC
Qatar Investment Authority
Sisal Lottery
WarnerMedia
Work highlights
- Acted for General Atlantic in its share subscription in domestic e-commerce platform Trendyol.
- Advised Qatar Investment Authority on the Series D funding round of B2B SaaS platform Insider.
- Advised Landis+Gyr on its acquisition of smart metering devices company Luna Elektrik.
Çakmak Attorney Partnership
Çakmak Attorney Partnership excels in energy and projects M&A but its corporate and commercial practice is also well-versed in capital structuring, corporate governance and company formation in a spread of industries. The firm’s Ankara office stands it out from a lot of the Turkish firms, and grants it a proximity to the government’s centre of operations, which can be a boon for matters involving public law and regulatory elements. There are three key names to note, who jointly lead the department: Zeynep Çakmak, Naz Bandik Hatipoğlu and Gülsen Engin.
Practice head(s):
Zeynep Çakmak; Naz Bandik Hatipoğlu; Gülşen Engin
Testimonials
‘The colleagues are very helpful, very responsive. they have great knowledge of energy M&A.’
‘They are response very quickly especially Naz Bandik is very helpful and responsive.’
Key clients
Bluecap Resources Ltd.
Entek Elektrik Üretim A.Ş.
Plaskolite, LLC
Turcas Petrol A.Ş.
Daiichi Elektronik Sanayi ve Ticaret A.Ş.
Rönesans Holding
Voodoo SAS
Enercon GmbH
Koç Holding A.Ş.
Akkök Holding A.Ş.
Western Union
Visa Europe
Work highlights
- Advising Koç Holding in relation to partial spin-off of its three public companies, Aygaz, Koç Holding and Tüpraş. With this transaction, Entek shares which are owned by Koç Holding and Aygaz, will be transferred to Tüpraş through a spin-off process.
- Acting for Turcas Petrol in rthe sale of its 100% shares in Turcas Kuyucak Jeotermal Elektrik Üretim, owner and operator of a geothermal power plant, to Albioma.
- Advised Voodoo SAS, a French mobile games company, on its acquisition of 100% of the shares of Fabrika Games, a Turkish tech start-up.
CIFTCI Attorney Partnership in association with Clifford Chance
CIFTCI Attorney Partnership in association with Clifford Chance has been affiliated with the international firm since 2011 and acts for heavyweight multinationals, including Ford Motor Company, Actera Group and Kellogg. The corporate and commercial practice focuses on cross-border acquisitions, public and private M&A, leveraged buyouts, and asset transfers. Practice head Itır Çiftçi is an experienced figure approaching 30 years of experience in the market and is supported by counsel Deniz Göcük, who is strong on energy sector mandates. Deniz Yetkin is heavily involved at associate level.
Practice head(s):
Itır Çiftçi
Other key lawyers:
Deniz Göcük; Deniz Yetkin
Key clients
Actera Partners
Assa Abloy
Actis
Sanofi Aventis Groupe
Acciaieria Arvedi S.p.a,
Letgo Services B.V.
DP World Limited
OMERS Infrastructure Management Inc.
Hitachi Rail Limited
The Carlyle Group
Work highlights
- Advising Actera on its acquisition of a minority stake in ISS Turkey, a facility management services company, holding shares in companies operating in different sectors such as catering and private security services.
- Advising Swedish conglomerate Assa Abloy on its acquisition of shares in a Turkish company manufacturing cylinders for locks, simple ventilation and locking accessories and hardware for PVC windows and doors.
- Assisting Actis with its acquisition of controlling stakes in major electricity distribution and retail companies in Turkey.
Gen Temizer Ozer
Gen Temizer Ozer fields a corporate law practice which is praised by clients as ‘exceptional, very hard-working and professional‘ and is fully integrated in the Kinstellar global network of firms. The association boosts its capabilities in cross-border transactions, where it has been especially active recently in the burgeoning tech sector. Experienced English-qualified lawyer Edmund Emre Özer and Baran Gen, who is well-versed in the oil and gas, media and real estate sectors, co-lead the practice. Dispute resolution expert Ebru Temizer and capital markets-focused 2022 hire Müfit Arapoğlu are also active in this area.
Practice head(s):
Edmund Emre Özer; Baran Gen
Other key lawyers:
Ebru Temizer; Müfit Arapoğlu
Testimonials
‘We worked with them in one of landmark transaction in Turkey with a big ticket size, and we truly enjoyed the whole process. They were supportive, available, responsible and creative. Also on the negotiations they were collaborative and they were coming with solutions for key issues.’
‘Good knowledge of law, very responsive, solution oriented, customer-oriented.’
‘We have done a M&A deal where the governing law was English law. They have a good expertise in this area. Their experience and knowledge made us comfortable with the deal documentation. They respond fast and have good knowledge of the law.’
‘Edmund Emre Özer was leading our project. He has good negotiation skills and understands the needs of the clients. He managed the client extremely well and focused on important issues and didn’t waste resources and negotiation power over minor items.’
‘The team was exceptional, very hard working and professional. They have extensive experience in M&A deals and high level of knowledge on energy sector regulations.’
‘The M&A team at GTO comprise excellent technical lawyers who have a commercial and pragmatic perspective. The team is always very responsive and work collaboratively with overseas law firms on cross border deals. They are my go-to firm in Istanbul.’
‘Emre Ozer is a fantastic practitioner. He mixes deep technical ability with simple commercial and practical advice which clients appreciate. On transactions he is always all over the detail. His international experience and perspective, having practiced in the UK for a number of years makes him stand out in the M&A market in Istanbul and he is my go-to partner for Turkish corporate matters.’
‘Both Baran Gen and Ebru Temizer are excellent technical practitioners. They are both always on top of the detail.’
Key clients
Princeville Capital
Dream Games and its founders
Doğuş Group (Doğuş Holding A.Ş.)
Earlybird Digital East
Mayen Telekomünikasyon Hizmetleri A.Ş. and its shareholders Delta Invest GmbH, Soner Cesur and Oktay Erciyaz
Investcorp (Track Holdings) and Özer Hıncal
Libra Softworks and its founder, Sadık Enes Dişli
Jitterbit, Inc. (affiliated with Audax Management Company, LLC)
RMA Automotive and its parent company RMA Group
Beije Medikal Ürünler and its founders, Doruk Akpek, Eren Üngör, Naz Özbek
Diffusion Capital Partners
Torunlar Group
Work highlights
- Acted for Investcorp and sellers in the sale of a 89% stake in Arvento to Brisa, the joint venture between Sabancı and Bridgestone.
- Advised Torunlar and Başkentgaz on their acquisition of a 50% stake from Cez Group in the major electricity distribution business Sedas, including its supply business.
- Advised Dream Games on its $255m Series C Round investment with Index Ventures as the lead investor, valuing the company at over $2bn.
Moroglu Arseven
‘Always ready to dive deep into challenging and complex matters‘, the corporate and commercial team at Moroglu Arseven assists with the gamut of transactional matters, as well as providing day-to-day corporate advice. The department has followed the market trend in acting in an increased number of technology sector M&A, while its longstanding strength in energy sector transactions has been a boon as that market continues to provide a large amount of work. Four partners coordinate the practice group: Seyfi Moroğlu, an experienced advisor on transactional matters and adjacent issues; Benan Arseven, who is particularly strong in the energy and manufacturing sectors; Burcu Tuzcu Ersin, an expert in a broad range of business law disciplines, especially venture capital and private equity matters; and Ertunç Şirin, a tax lawyer who assists on all related issues stemming from M&A. Focusing its growth on internal promotions, the team raised Başak Acar and Hazal Baydar to the partnership in 2022, and senior associates Sevi İslamageç and Nilüfer Hotan are both regular advisors to key clients.
Practice head(s):
Seyfi Moroğlu; Benan Arseven; Ertunç Şirin; Burcu Tuzcu Ersin
Other key lawyers:
Başak Acar; Hazal Baydar; Sevi İslamageç; Nilüfer Hotan
Testimonials
‘The team has diversified skillsets that address all your needs as a one-stop shop. There are dedicated and do not hesitate to take bold decisions.’
‘The team members are always ready to dive deep into challenging and complex matters. Never hesitate to think beyond the business-as-usual.’
‘We work with Moroğlu Arseven for general consultancy, commercial disputes and litigation. I had the chance to work with them before. They have a completely client and result oriented approach. They answer your questions clearly without bogging you down with unnecessary information.’
‘Hands-on approach, the legal team makes you feel like they are imbedded in your organization as a stakeholder.’
‘Burcu Tuzcu is very dedicated to understanding our needs and finding a way of aligning stakeholders to achieve intended goals.’
Work highlights
Bezen & Partners
Bezen & Partners‘ ‘fast and knowledgeable‘ team for corporate and commercial law is a strong choice for companies at any point in their life cycle, and is able to support with incorporation in Turkey, share purchase agreements, sale of Turkish operations, and a variety of other transactional matters. Murat Soylu, praised for his ‘problem-solving attitude, strong knowledge and experience‘, co-leads the department with founding partner Serdar Bezen. Eren Soydan is a senior associate with a focus on M&A, joint ventures and corporate transactions.
Practice head(s):
Serdar Bezen; Murat Soylu
Testimonials
‘Great communication, fast response, good knowledge.’
‘We recommend Eren Soydan.’
‘Bezen timely replies our inquiries and provide an estimated budget before starting the work and complete the works within budget. They have diverse team members and always assign related expert (tax etc) relevant to the job required.’
‘They are fast and knowledgeable.’
‘Bezen & Parners have been very helpful in providing both quick and precise description of possible solutions under Turkish law on any given task and deep insight in their memoranda on more complicated issues and intricacies of Turkish law norms and their application.’
‘Our responsible partner was Murat Soylu. Having worked with him we can easily point out such qualities as responsiveness, problem-solving attitude, strong knowledge and experience. His expertise is well balanced and fine merged with his business mindedness.’
Key clients
STEAG GmbH
Solarpower Elektrik Üretim Anonim Şirketi
Hitachi Zosen Inova AG
MB UAE Investments LLC
Cartesian Capital Group, LLC
DNS Capital, LLC
Transmark Renewable Products B.V.
Gordale Holdings Limited
Beykoz Enerji A.Ş.
Familia Trading S.à r.l.
MS Galleon
Altaş Yapı Sanayi ve Temizlik Hizmetleri Ticaret Anonim Şirketi
AEGIR-Marine BV
Work highlights
- Advised STEAG on the sale of the electricity generation portfolio of its subsidiary (including the private bidding process).
- Advising Dutch renewable energy company Transmark Renewable Products on the preparation of a share purchase agreement, shareholders’ agreement and a call option agreement in relation to the sale of its shares in its Turkish subsidiary.
- Advised Beykoz Enerji on the negotiation of the share purchase agreement executed with Kibar Holding regarding the sale of the shares of Beykoz Enerji in Kibar Enerji.
Cigdemtekin Cakirca Aranci Law Firm
Cross-border transactions in Turkey’s key industries, including those within the energy, infrastructure, technology and retail sectors, lie at the core of Cigdemtekin Cakirca Aranci Law Firm‘s corporate and commercial law work. The team is experienced in international matters and is headed by Gamze Çiğdemtekin Özer, who worked at several international firms before establishing CCA in 2013. Her team in corporate and M&A matters includes Tuna Çakırca, who is praised for her ‘outstanding service‘, experienced Ankara-based partner Ayca Arancı, and Başak Güneş, who assists with day-to-day business and commercial contracts.
Practice head(s):
Gamze Çiğdemtekin Özer
Other key lawyers:
Tuna Çakırca; Başak Güneş; Ayça Arancı
Testimonials
‘Good coordination and management.’
‘Knowledgeable and positive people.’
‘Great collaboration’
‘Cigtemtekin Cakirca Aranci is our legal partner for almost 10 years and they are supporting us in a wide span of legal issues; commercial agreements, labor law related matters, intellectual property protection etc.’
‘CCA has been a perfect partner to a our corporate legal team located abroad. They were instrumental in implementation of global policies in Turkey while making sure that global policies take into account regulations in Turkey.’
Key clients
Aabar Investments PSJ
ADDPARK ILERI MÜHENDISLIK TEKNOLOJILERI A.S. (BTECH)
Age Enerji Group
ALMİVA MÜHENDİSLİK SAN. ve TİC. LTD. ŞTİ.
Andar Elektromekanik Sistemler Sanayi Ve Ticaret Limited Şirketi
Ankara Development Agency
ASO Teknopark A.Ş.
Banvit Bandırma Vitaminli Yem Sanayi A.Ş.
Barko-Med Elektronik Ticaret A.Ş.
BAMA Teknoloji Tıbbi Cİhazlar Danışmanlık Sağlık Bilişim San. ve Tic. Ltd. Şti.
Barakatech Yazılım Sanayi ve Ticaret A.Ş.
Brensan Enerji Savunma San ve Tic. A.Ş.
BTECH
CEECAT Capital Limited
Cevher Jant A.Ş.
eBay Turkey (Gitti Gdiyor Bilgi Teknolojileri San. ve Tic. A.Ş. – eBay’s Turkish subsidiary)
Edenred Turkey
Egeres Enerji Dan. Müh. Hiz. A.Ş.
Egeres Investment Pte. Ltd. (located in Singapore)
EGESIM Group
EnglishCentral Eğitim Teknolojileri Limited Şirketi (“English Central”)
EGESIM GmbH
Franklin Templeton Investments
Further Network
Görener Family
Gözde Girişim Sermayesi A.Ş., a subsidiary of Turkish conglomerate Yıldız Holding A.Ş.
IBG – Izmir Biomedicine and Genome Centre
The İzmir Network and Innovation Centre (İzmir NIC) Project
KAREL Elektronik Sanayi ve Ticaret A.Ş.
KUARTİS TEKNOLOJİ BİLİŞİM MÜHENDİSLİK ARAŞTIRMA GELİŞTİRME VE DANIŞMANLIK TİCARET LİMİTED ŞİRKETİ
KUARTİSMED MEDİKAL ARAŞTIRMA GELİŞTİRME DANIŞMANLIK EĞİTİM SANAYİ VE TİCARET ANONİM ŞİRKETİ
Kochendörfer Hydro Elektromekanik Sanayi Ve Ticaret A.Ş.
Koçman Family
Matthias Ingo Giersemehl -Heinle Kochendörfer Wasserkraftanlagen Turbinen Maschinenbau, Turkey
Mass Makina Sanayi İnşaat Ve Ticaret Anonim Şirketi (“Mass Makina”)
Mikro Tasarım Elekt San ve Tic A.Ş.
Mikro-Sense
ODTÜ Geliştirme Vakfı Okulları A.Ş.
ODTÜ MEMS Researcher Centre
ODTÜ Teknokent Yönetim A.Ş. (Middle East Technical University Technopolis)
Packupp Teknoloji Yazılım ve Lojistik San. A.Ş.
Panaroma Bilişim Teknolojileri
Pt Alpha Wind Energi
Rafinera Yiyecek Içecek Gida Hizmetleri Sanayi ve Ticareti A.Ş.
Scoutium Futbol Teknolojileri A.Ş.
Solar Group
Sona A.Ş. (affiliate of Egeres)
SPP42 Yazılım Geliştirme ve Danışmanlık Ltd. Şti.
TARLA- Turkish Accelerator and Radiation Laboratory in Ankara
Templeton Asset Management
TOBB ETÜ Teknoloji Transfer Ofisi
TRLINSTRUMENTS Proses ve Ekipman Teknolojileri Geliştirme Tasarım Üretim San. ve Tic. Ltd. Şti.
Turkcell Enerji Çözümleri ve Elektrik Satış Tic. A.Ş.
Ünye Madencilik Sanayi ve Ticaret Limited Şirketi
Onlayer Bilişim Teknolojileri A.Ş.
Verifone Elektronik ve Danışmanlık Ltd. Şti. (Verifone Turkey)
Wood & Company
Work highlights
- Acted for Ceecat Capital in its acquisition of majority shareholding of Evam, a Turkish tech company, as well as its redomiciling in UK as part of the acquisition.
- Advising Ebay Turkey on the liquidation of its Turkish operations in respect of labor law, commercial and contracts law and other legal matters during the liquidation and closure process.
- Acted for Turkcell Energy in its acquisition of 100% of the shares of Boyut Grup Enerji Elektrik Üretim İnşaat San. Ve Tic. A.Ş. owning and operating a wind energy farm of 18 MW on the Aegean region of Turkey.
Goksu Safi Isik Attorney Partnership
Between practice group heads Hasan Akıcıoğlu, Mutlu Yurdakul, Emre Ulcayli, and Ecem Evin Baytun, the corporate and commercial department at Goksu Safi Isik Attorney Partnership has expertise in relevant aspects of financing deals, as well as traditional M&A and shareholder disputes. Basak Goksu Sari is a further partner to note and comes highly recommended by her clients.
Practice head(s):
Hasan Akıcıoglu; Mutlu Yurdakul; Emre Ulcaylı; Ecem Evin Baytun
Other key lawyers:
Başak Goksu Sarı
Testimonials
‘The firm is very responsive. I have been working with them for more than a year now and I can always receive to the point and solid legal advice from them. They have a business oriented approach and this has helped significantly with the decision making processes in our group. Also, I think they are very knowledgeable in their line of work. Finally, I am very impressed with their data management systems.’
‘Başak Goksu Sari is the partner we work with. She is very knowledgeable and she understands our business needs very well. I find it very easy to communicate with her. She is always to the point and can provide solid legal advice. She is not one of those lawyers afraid to guide you and I think her understanding of our business helps a lot and she makes significant contribution to our business matters. the team of lawyers are also very good.’
‘An attentive and knowledgeable team that responds quickly’
‘Individually specialized and solution-oriented employees.’
Key clients
SASA Polyester
North Marmara Motorway
IC Holding
Abduljaweed Group
Kaptanoglu Group
Mapa Holding
Tarım Kredi Holding
Akfel Group
Astay Gayrimenkul
Bank Of China
Limak Group
Uludag Elektrik
Demirören Holding
SHM Global
Calik
Kolin Group
Petrofac
Daikin
Borusan Group
PI Works
Titra Teknoloji
Erdemoglu Holding
Hakan Holding
Great East Capital
Yeniköy Kemerköy Elektrik
Ela Kimyevi
Pak Yatırım
Yılmaz Elektrik
Dedeman
MNG Airlines
Dedeman
Ciftay Holding
Work highlights
- Advised Great East Capital Information Technologies Investment on its incorporation and the preparation of documents and application for a digital banking license in Turkey.
- Advised Marmara Otoyol Adi Ortaklığı (a joint venture acting as the EPC Contractor of the Northern Marmara Highway) on its sale of shares and amendments in securities.
- Advised Limak Holding on the execution issues of metro-subway project in the Dnipro Municipality of Ukraine.
Moral | Kinikoglu | Pamukkale | Kökenek Attorney Partnership
Moral | Kinikoglu | Pamukkale | Kökenek Attorney Partnership boosted its broad business law offering in July 2022 with the addition of Sertaç Kökenek from Esin Attorney Partnership, a Member Firm of Baker McKenzie International, a Swiss Verein, adding strength in employment law. This complements a corporate and M&A department which is geared to support clients in the full suite of transactional matters, as well as day-to-day corporate governance. Kökenek joins Reşat Moral and Serra Haviyo in leading the department, with associate Dilara Kaymaz a further contact to note.
Practice head(s):
Vefa Reşat Moral; Sertaç Kökenek; Serra Haviyo
Other key lawyers:
Dilara Kaymaz
Testimonials
‘People makes this practice unique.’
‘Good communication skills – Judgement – Analytical skills.’
‘The firm is very prominent in commercial and labour law disputes. The team works very devotedly and keeps the communication with the client intact.’
Key clients
STELLANTIS
TAXIM CAPITAL
ECZACIBAŞI CONSUMER PRODUCTS
ECZACIBAŞI GROUP
JANOSCHKA
RECKITT
JAPAN TOBACCO INTERNATIONAL
BORUSAN HOLDING
CARS 24
COLUMBIA TURKEY | GOZALAN GROUP
YANMAR
MOPAK
NORM HOLDING (18 Companies)
STOLLER TURKEY
SYNGENTA TURKEY
TWIN SCIENCE
PETROLYAG
GÜRALP VİNÇ
BARÇIN SPORTS WEAR (NIKE’S LEADING PARTNER)
ORTOPRO MEDICAL DEVICES
ASMIRA GROUP
KANSAI ALTAN
AKZO NOBEL
KLEMSAN
CHERRY
TRICON
TAB TOVARNA
Work highlights
- Acting for Aerotek Bilişim in the sale of 100% of its shares to team.blue.
- Advised the shareholders of Evam on the sale of 71% of its shares to Ceecat Capital.
- Acted as buy-side legal counsel to Taxim Capital in its investment in flexible packaging company Yilpar Ambalaj.
Pelister Atayilmaz Enkur Law Office
Independent firm Pelister Atayilmaz Enkur Law Office is well-regarded by its clients for its partner involvement in corporate and M&A matters, an area in which the firm excels in a considerable breadth of transactions, as well as restructurings and other matters of governance. Gökhan Enkür ‘stands out for his expertise on complex corporate transactions and his understanding of the business aspects of the deal‘ and co-leads the practice with Kerim Pelister, who ‘knows the Turkish market very well‘.
Practice head(s):
Gokhan Enkur; Kerim Pelister
Other key lawyers:
Senem Sarac; Mehmet Ali Sertac Kocahal; Behiye Gokceli
Testimonials
‘PAE is one of the law firms we work often and in an effective cooperation in M&A deals. What makes them unique is: the partners are always accessible and they put a lot of time and effort to the transaction. In other firms having such degree of accessibility is rare. The team is very smart, down to earth and come up with practical solutions. Finally, they are always on time with deadlines.’
‘We almost always work with Kerim Pelister. He has a very strong business approach and his strength of contract negotiation is exceptional, as well as his attention to detail. I would highly recommend him for all types of M&A transactions, banking and finance transactions and restructurings.’
‘Attention to detail, patience, cautious approach, good balance between understanding of legal options vs cost benefit of each option.’
‘Gokhan Enkur, effective communication, attention to detail, patience.’
‘When I work with PAE, I receive high partner attendance and care starting from my first meeting with them until the project is completed. This aspect makes PAE unique. The team members are always accessible, diligent and loyal to their deadlines. They deliver work with quality and understand the business needs.’
‘Gokhan Enkur is our key contact at PAE. I would recommend him on company law and commercial matters. He is accessible, knowledgeable and well-prepared. He stands out for his expertise on complex corporate transactions and his understanding of the business aspects of the deal. I also recommend Behiye Gokceli on transactional matters.’
‘Close partner attention, efficient team. A boutique firm very engaged and client focused.’
‘Kerim Pellister is responsive and knows the Turkish market very well.’
Key clients
Cigna Corporation
Hoshizaki Group
AFP Group GMBH and Montana Tec
Lockton
Shell
Victoria plc
Koc Holding
Epsilon Composites
Vera Capital
LudgatEmobility
SIFI
Teknasyon Yazilim
Work highlights
- Advised Aluflexpack AG / Arimpeks on its acquisition of an 80% stake in Teko Aluminyum.
- Advised Victoria in relation to its acquisition of a 100% stake in B3 Ceramics Danismanlik ve Yonetim from Bancroft 3LP and EBRD.
- Acted for the individual shareholders of Epsilon Kompozit Teknoloji ve Savunma in the sale of a 51% stake in Epsilon Composites to Akkök Holding, ARD Holding and NDÇ Holding.
TURUNÇ
TURUNÇ is well-versed in international M&A and especially strong at advising private equity and venture capital funds on investment and divestments, with particular expertise in technology-heavy ventures. The department is jointly spearheaded by Kerem Turunç and Noyan Turunç, both of whom are highly praised by the firm’s clients. Kerem leads the majority of the practice group’s matters, while founding partner Noyan leverages his experience in overseeing the full range of corporate issues. The firm further bolstered the practice with the addition of Yasemin Erden in April 2022 from an in-house position. İltem Dokurlar, Esin Çamlıbel and associate Gizem Günel are all further names to note.
Practice head(s):
Noyan Turunç; Kerem Turunç
Other key lawyers:
İltem Dokurlar; Esin Çamlibel; Yasemin Erden; Gizem Günel
Testimonials
‘The team was enthusiastic, reliable and initiative. The basis of assessment is a little limited but very happy with their assistance.’
‘Accessibility and international know-how. Our relationship with Turunç is dynamic and long-term. We know we can turn to them for any need, big or small, and they’ll deliver. They bring different fields of expertise and work well as a team. They are very adept at handling international projects.’
‘Kerem Turunç is an expert in various areas, most notably M&A. He has considerable international experience, which is very helpful in cross-border transactions. We also appreciate his quality of drafting and detailed advice. We also like the fact that he’s English and NY-qualified.’
‘We’re a fast-moving technology company so we need to work with outside advisors who will move at our speed. Turunç fulfils and exceeds that expectation. They are probably one of the few firms who can provide spot-on commercial guidance and comprehensive legal advice that covers local and international regulations at the same time. Their services are world class.’
‘Noyan Turunç is a great strategist. We often talk to him about how to structure our potential investment and M&A projects. He always surprises us with an out-of-the-box idea that’s also realistic. Incredible business acumen like no other lawyer in Turkey.’
‘Turunç is our go-to firm, as they are a popular choice for private equity firms and for buy-side players in general. They provide exceptional quality legal assistance, combined with insightful (and always on-point) commercial guidance. The team is very cohesive as they are able to approach complex projects with their multi-disciplinary knowhow and expertise. I believe the combination of their deep legal knowledge, ability to assess matters with a commercial intelligence and naturality in international matters is what makes them unique.’
‘Kerem Turunç is truly an exceptional individual. He is unrivalled with his commercial understanding, legal know-how and international background. As a fund with international investors, Kerem is a life-saver. He is result-oriented, puts the dynamics of a specific transaction into context regardless of where the parties come from and is always able to provide spot-on solutions.’
‘Noyan Turunç is the ultimate lawyer. He is a veteran in the law world and still going stronger than ever. He is very hands-on and sharp, so he understands the complexities really fast and really well. His ability to see not just what’s happening but what’s about to happen is eye-opening.’
Key clients
Logo Ventures
Boğaziçi Ventures
Ege Kimya
Wellbees
Akzo Nobel
Netcad
SC Johnson
Caffè Nero
Camper Shoes
Itochu
Android Industries
Taxim Capital
Hopin
Work highlights
- Advised the Logo Ventures-led investment syndicate on its investment in Evreka, a waste management platform.
- Advised Boğaziçi Ventures on numerous investments, including in Eyedius image-processing technology company Eyedius, and Fiber Games, a game studio.
- Acted for Wellbees in its venture capital funding round.
ASC Law Office
A ‘deep sector knowledge‘ and ‘great connections with regulatory authorities‘ are among the attributes appreciated by clients of ASC Law Office. Its corporate law team works closely with its dispute resolution and capital markets practices in advising domestic conglomerates, international businesses operating in Turkey, and government-related entities. Okan Beygo is the main contact, Levent Yetkil supports on contentious issues, while Ela Sari is a key name for M&A deals and derivative transactions.
Practice head(s):
Okan Beygo; Levent Yetkil
Other key lawyers:
Ela Sarı; Sıla Öztürk
Testimonials
‘The team has deep sector knowledge and experience. The team is very responsive and practical practice and has great connections with regulatory authorities. The team works like your in-house team. They are using technology efficiently to make work easier and faster. Partner availability and engagement are on the highest level. They have always had the hands-on approach.’
‘Okan Beygo and Ela Sarı both are amazing lawyers. They are working like your in-house legal team. They are very responsive and really good at handling deadlock situations.’
Key clients
İGA Havalimanı İşletmeleri Anonim Şirketi
Türkiye’nin Otomobili Girişim Grubu Sanayi ve Ticaret A.Ş.1
AG Anadolu Grubu Holding A.Ş.
The Coder Ltd. (South Korea)
Immunicom Inc. (U.S.)
Dap Gayrimenkul Geliştirme A.Ş.
Osmanlı Yatırım Menkul Değerler A.Ş.
Toksöz Spor Malzemeleri A.Ş.
Turgut Aydın Holding A.Ş.
IBS Sigorta ve Reasürans Brokerliği A.Ş.
Aalborg Energie Technik A.Ş.
Canadian Solar Construction S.r.l.
Atalian Global Services
Officine Maccaferri SpA
Boyabat Elektrik Üretim A.Ş.
Aslancik Elektrik Üretim A.Ş.
Work highlights
- Acting for İGA Havalimanı İşletmeleri (Istanbul International Airport) in the concession agreement with the Türkiye’s General Directorate of State Airports Authority, financings, permits, licences and other permissions, agreements with third parties, and corporate formalities.
- Advising Türkiye’nin Otomobili Girişim Grubu (TOGG) on developing Turkish electric vehicles and the e-mobility ecosystem in Turkey.
- Advising AG Anadolu Grubu Holding on a $80m sale and transfer of its 100% shareholding interest in AND Anadolu Gayrimenkul.
Bener Law Office
Bener Law Office has recently advised on sales of Turkish operations in a variety of sectors, as well as acting in joint ventures and shareholder disputes. The team comes highly recommended by its clients, with Bahar Ülgen Hasşerbetçi praised as ‘very practical and solution-oriented‘, and Eren Üçok noted for her ‘very professional‘ approach. They coordinate the department alongside experienced projects and energy practitioner Onur Kordel and firm founder and managing partner Erim Bener.
Practice head(s):
Bahar Ülgen Hasşerbetçi; Eren Üçok; Onur Kordel; Erim Bener
Other key lawyers:
Aslı Erkli
Testimonials
‘I am working with them for our corporate matters such as holding our general assemblies. they are very good at them and very specialised on these matters. their billing rates are also very reasonable compare to the work they do.’
‘Eren Ucok is our contact person in the firm whose approach is very professional. She is very experienced lawyer and attentive to our matters which makes her very trustable in addition to her other good abilities. We are very happy to work with that.’
‘It is important for us to be able to benefit from the knowledge of the team in their fields of expertise. In this direction, working with Bener Law Office gives us confidence. We are working with competent lawyers. It is very important for us to know that the requested works are followed. We have confidence that the work we convey to Bener Law Office is done as soon as possible. The lawyers in the team are polite and hardworking.’
‘Bener team’s biggest strength is their responsiveness and adherence to deadlines. They perform extremely well under pressure and always meet the deadlines. They always respond quickly to queries and communicate clearly. In our view, these are must-have qualities for M&A practitioners and very few firms have M&A teams that possess such qualities.’
‘We are working with Bahar Ülgen Hasşerbetçi in our pending and confidential M&A deal. She is the leading partner throughout the deal. She is very knowledgeable and has great expertise. She is always approachable and pays attention to our needs and expectations. Unlike some lawyers in the market who adopt a “deal-breaker” attitude, she is very practical and solution-oriented whilst strictly observing the best interests of the client. These attributes render her a “deal-maker” and a great lawyer to work with.’
‘Individuals in Bener are; – very punctual, they always keep the deadlines, – very kind and helpful, they patiently try to explain every details and aspects, warn about all possible legal consequences very politely and clearly. – very easy reachable.’
‘Eren Üçok is very responsive and able to see the connection with the law and business. Excellent follow-up.’
‘People work in Bener stands out in terms of collaboration. Their communication skills are very strong and they make it very easy to define the problems. They are good at explaining the laws and how they are applicable to us. They are able to convert their knowledge of expertise in case of our company.’
Key clients
Mastercard
Michael Page
Philips Türkiye
Regus
Mitsubishi Electric
Hitachi
Schlumberger
Air France
KLM Royal Dutch Airlines
Azelis
Randstad
Ricoh
Intersport
Archroma
Rollic Games
Alfa Kimya shareholders
Alliance Healthcare and its subsidiaries
Astute Electronics
Diodes
Benetton
Korn Ferry
Indorama
Norma Turkey
NXP Semiconductors
Silgan
Satel Gayrimenkul
Fluidmaster
Museum of Illusions
Kron
Access World Turkey
Segmentify
Tarkett Aspen
Arpaş Pilotaj
Work highlights
- Advised the shareholders of Alfa Kimya Group on its sale to Vinmar Group.
- Acted for the shareholders of Marketyo in its sale to Yemek Sepeti, the Turkish affiliate of Delivery Hero.
- Advised Sekerbank on its acquisition of Şeker Finansman.
Boden Law
Energy sector experts Boden Law is across all types of corporate and M&A work in that area, as well as being reliable counsel for tech sector companies looking for advice on corporate structure and investment rounds. A trio of lawyers leads the corporate and M&A practice: Değer Boden, Sinem Mermer; and İnanç Akalın.
Practice head(s):
Değer Boden; Sinem Mermer; İnanç Akalın
Testimonials
‘Boden Law has the objective of delivering the highest level of service to its clients. The firm offers sophisticated, effective, and attentive corporate and commercial legal advice.
‘In order to offer the highest level of service, professionals at Boden Law take the time and make the effort to get deeply involved with the clients’ businesses while trying to understand key factors and legislative developments that affect their performance.’
‘Practitioners at the firm adhere to the highest standards of legal excellence. They execute their work responsively, with a professional, result-oriented approach. I have personally worked with Sinem Mermer, who brings broad experience in international contracts and dispute settlement.’
‘Sinem Mermer actively manages complex international legal projects well. Understanding the value of big data and new trends of regulating data protection, Sinem provides perfect legal advice.’
Key clients
Statkraft Enerji A.Ş. (Statkraft Turkey)
Sms Group Metalurji Servis Sanayi ve Ticaret Ltd. Şti.
RSB RG Pty. Ltd
Sanko Enerji
Axpo International SA and Axpo Turkey Enerji A.Ş.
Siemens Sanayi ve Ticaret A.Ş. (Siemens Turkey)
Duckt OÜ
Talesun Solar Enerji A.Ş. (Talesun Turkey)
Tosyalı Holding A.Ş.
Engie
Work highlights
- Advised a Turkish energy company regarding its potential acquisition of 60 MWe wind power plants.
- Acted for a hardware technology company operating in the micromobility sector in its sale to Acton.
- Advised a European energy company regarding its potential acquisition of 21,04 and 21,58 MWe hydroelectric power plants.
ELIG Gürkaynak Attorneys-at-Law
Built upon the foundation of its outstanding competition law practice, ELIG Gürkaynak Attorneys-at-Law‘s work on the corporate and commercial side includes advice on a range of transactions, as well as broad corporate governance. Its clients include major tech companies like Google and Twitter. Gönenç Gürkaynak and Nazlı Nil Yukaruç are the contacts to note.
Practice head(s):
Gönenç Gürkaynak; Nazlı Nil Yukaruç
Testimonials
‘What I value the most in cooperation with Nazlı Nil Yukaruç is the readiness to provide professional assistance and an immediate reaction when a legal assistance is necessary.’
‘Team’s strengths and key capabilities are client-orientation, always expected results and deadlines.’
‘They are proactive, collaborative, ready for challenges.’
‘Knowledge of the industry and flexibility in dealing with issues, – always willing to offer the most convenient and unconventional solutions for business.’
‘ELIG’s team is excellent at corporate maintenance and offers to-the-point practical guidance for complex corporate law transactions.’
‘Nazlı Nil Yukaruç is capable of simplifying corporate law requirements and assisting clients in corporate maintenance.’
‘Great availability, quick response time, competent and diligent.’
‘Competent, great level of expertise combined with pragmatic approach, appropriate staffing for projects.’
Key clients
Google Ireland, Google LLC, Google Turkey (Google Bilgi Teknolojileri, Google Reklamcılık)
Warner Bros
L’Oréal
TI Automotive
TRB
Boyner Holding
Harvard Business School
Willis Towers Watsons
Work highlights
- Advised Google Bilgi Teknolojileri and Google Reklamcılık on all of their Turkish corporate law matters, including general assembly meetings, appointment of new signatories, post-incorporation matters and website related obligations.
- Advised Warner Bros on appointment of new board members and signatories, ordinary general assembly meeting, powers of attorney issuances, and address change.
- Assisted L’Oréal with appointment of new board members, appointment of new signatories, ordinary general assembly meeting, power of attorney issuance, opening and closing of branch offices and website related obligations.
Erdem & Erdem Law Office
Erdem & Erdem Law Office combines ‘strong legal background with industrial expertise‘ in assisting its international client base with a range of instructions, though it stands out for infrastructure deals in particular. Senior statesman Ercüment Erdem
heads the practice group alongside Özgür Kocabaşoğlu, who has experience in cross-border work, especially involving Chinese investment in Turkey. Tuna Çolgar is an active figure, while managing associate Sevgi Ünsal Özden is the name to note at the Izmir office.
Practice head(s):
Ercüment Erdem; Özgür Kocabaşoğlu
Other key lawyers:
Tuna Çolgar; Sevgi Ünsal Özden
Testimonials
‘Erdem and Erdem combines its strong legal background with industrial expertise. Thus they can provide in depth and comprehensive consultancy.’
‘Mert Karamustafaoğlu stands out with its public sector experience with the Turkish Competition Authority and his intense interest in specific industries combined with a strong academic approach to the issues.’
‘Specific legal expert re mining law, good knowledge of law, customer-oriented.’
‘We admire the people, billing, diversity, technology, collaboration.’
Key clients
Esan Eczacıbaşı Endüstriyel Hammaddeler Sanayi ve Ticaret A.Ş.
VTS Group
Acıbadem Sağlık Hizmetleri ve Tic. A.Ş.
Tepaş
Akinon
Ottera
Sisecam
Gucci
Yves Saint Laurent
Turkon
İş Portföy
Norm Holding A.Ş.
Mersin Uluslararası Liman İşletmeciliği A.Ş. (MIP)
Yıldırım Holding A.Ş.
Yılport Holding A.Ş.
Enerjisa
Innovative Pipe Solutions
RENK GmbH
Göçtur
Segezha Ambalaj & Segezha Packaging
IC Holding
Invitrx
Liwevell
Samsunspor
Sapio Life Turkey
AUNDE Achter & Ebels GmbH
IC Holding
Work highlights
- Advised Akinon on the Series B venture capital investment for $20m.
- Assisting MIP with port operations as well as corporate secretary and legal maintenance services.
- Advising VTS Group on the closing actions under the SPA, drafting closing documents and completion of post-closing procedures.
GSG Attorneys at Law/GSG Hukuk
Affiliated with PwC, GSG Attorneys at Law/GSG Hukuk builds off its tax law strengths to assist on wider aspects of business law for its largely international client base. It advises on transactions, as well as matters of corporate governance, and is led by Nilgün Serdar Şimşek and Yavuz Dayioğlu, a ‘proven advisor and skilled attorney‘. İlke Fadıllıoğlu supports the practice heads.
Practice head(s):
Nilgün Serdar Simsek; Yavuz Dayioğlu
Other key lawyers:
İlke Fadıllıoğlu
Testimonials
‘The team is deeply experienced, very thorough, well organized and client focused. But most importantly, as a cornerstone of any client-attorney relationship they have tremendous communication skills which provides us to never hesitate while asking for any legal advice from them. We feel that they look after our interests even in very challenging situations and are willing to listen and respond any concern which we might have.’
‘We have been working with the GSG team for organization of our general assembly meetings, which included comprehensive advice on minority shareholder rights, corporate governance and reorganization matters within the family business. The work required extensive knowledge, experience of commercial code and delicate client management.
‘It is a pleasure to work with both the partner of the team Nilgün Serdar Simsek and Ilke Fadillioglu. They have a good understanding of all aspects of commercial law, and they always provide precise and usable advice. Their empathy and dedication always make them stand out.
‘The team is very qualified, efficient and client oriented. The practice provides duly legal consultancy services regarding our necessities. The team has depth knowledge in relation to legal aspects and provides dully legal consultancy services as per our needs. As a company, we are in good relation with the practice and want to keep obtaining legal services from the team as to their good effort and successful work.
‘They understood needs, and they provided with all deal documents including the asset purchase agreement within a very short time. Their abilities to have innovative solutions and the way they integrate technology in their work is tremendous. The GSG Team always communicates fast and listens to our needs and wants.’
‘During the deal, we worked closely with Ilke Fadillioglu, director from GSG. Her communication is proactive and always accessible. She is a proven advisor and skilled attorney. Not only with her legal knowledge, but we were also very impressed with her business-oriented approaches.’
‘We have been working with GSG Attorneys at Law (Ilke Fadillioglu) for quite some time now. We always received perfectly elaborated work products for an absolutely fair pricing.’
‘Ilke Fadillioglu and her team are always responsible and provide their work within the agreed deadline. We always received perfectly elaborated work products from her and her team.’
Work highlights
Gökçe
Corporate matters in the technology space are a standout strength of independent firm Gökçe, which has recently established itself as a key player in the software and online gaming sub-sectors. Founding partner Görkem Gökçe co-leads the department with experienced commercial lawyer Ali Paslı. Senior associate Yılmaz Toygun Tecirli joined in April 2021 and is admired for his ‘result-oriented mindset‘.
Practice head(s):
Görkem Gökçe; Ali Paslı
Other key lawyers:
Yılmaz Toygun Tecirli
Testimonials
‘We have been working with Gökçe for a very long time, they have helped us through numerous deals and they know our business inside-out. They help us with our day to day corporate work and with our investment rounds. What sets them apart is their speed, flexibility and business friendly approach.’
‘We have completed 2 different investment round with Gokce. We have worked with different team members from Gokce and all of them were quick responsive and knowledgeable in their expertise. Company’s culture is well-defined and team is well organized in all aspects.’
‘Yılmaz Toygun Tecirli: We had gone through an M&A process recently, which was led by Toygun. We faced a lot of problems (IP issues, lawsuits, etc.) during the M&A and faced a lot of risks in the process. With his generosity and result-oriented mindset, Toygun was one of the most significant contributor to the success of M&A while facing all these risks. He was acting not like just a lawyer, but more like a lawyer leading the M&A process of his own company/venture. Very devoted, motivated, and success-oriented person.’
‘Gokce Law has significant expertise in the Technology sector and has an oustanding understanding of our needs and focuses. We work with them on daily basis for commercial matters and their advises and remarks helps us in the path and we have a mutual understanding of what matters most.In addition, we easily communicate with them at partner level when needed.’
‘The team responsible for us was very expert, very understanding, did not get bored of explaining things we did not understand until we understood them, and defended us really well by putting themselves in our place.’
‘All of team members of Gokce have been graduated from best universities in Turkey. Our company is formed by more than 15 shareholders and communication is the key in our investment rounds. Team members like Toygun Tecirli are exceptionally great both in organizing the process and knowledge of law. Moreover, they understand our needs very well and act accordingly to find best solutions.’
Key clients
Sony Interactive Europe Limited
Mercedes-Benz Finans
Dynasty Studios
Neo Auvra
Inveo Investment Holding
HI Venture Capital
Motul
Boyner
Global Investment Holding
Insider
Zendesk International
EA Force
Evreka
Figopara
Scotty
Inofab
Gram Games
Miniclip
N11
Galatasaray F.C
Work highlights
- Advised a US client on the acquisition of a health-tech company, valued at over $1bn.
- Advised Evreka on its latest investment round amounting to $2.2m.
- Assisted a fintech company with its latest round of investment amounting to $8m.
Gün + Partners
Both Görkem Bilgin and Begüm Yavuzdoğan Okumus were raised to the partnership at Gün + Partners in October 2021 and now co-lead the firm’s corporate and M&A group, following the departure of Filiz Toprak Esin. The firm’s strengths lie in some of the country’s most heavily regulated sectors, including pharmaceuticals, life sciences and automotives. Senior associate Yalçın Umut Talay supports on the full range of instructions.
Practice head(s):
Görkem Bilgin; Begüm Yavuzdoğan Okumuş
Other key lawyers:
Yalçın Umut Talay
Key clients
Ashland
Renault
Özdirekcan Dündar Şenocak Ak
Özdirekcan Dündar Şenocak Ak is the affiliate firm in Turkey of Gide Loyrette Nouel and leverages this relationship in cross-border transactions involving Turkish law. Bülent Özdirekcan and Arpat Şenocak co-lead a team admired for its ‘diligent and practical approach‘ and ‘high level of collaboration‘. Associate Pınar Veziroğlu Dilek is involved across all matters.
Practice head(s):
Bülent Özdirekcan; Arpat Şenocak
Other key lawyers:
Pınar Veziroğlu Dilek
Testimonials
‘Even if we are a small company, we never felt this when we discuss with Arpat Senocak. He is always in the loop for any kind of questions/requests. When he sees that he has to be involved he is always taking responsibility.’
‘Very efficient handling of the file (acquisition of a Turkish company), so I can rely on the team in full confidence without any doubt on the quality of the work. Friendly team with whom exchanges are direct and pleasant.’
‘Worked with Arpat Senocak. Very experienced in M&A available, very proactive and business oriented (understand what is important/less important for my company). If I could have local legal advisors like him in all the countries I work in, my life would be easier!’
‘Diligent and practical approach, high level of collaboration.’
‘Collaboration and ability to work as a team are priceless. You can easily reach the right people at the right time. Know-how and multilingual capacity of the company is very impressive. I can easily say that Ozdirekcan Dundar Senocak Ak is the best law office we have ever worked with.’
‘As an English, French and Turkish speaking company, communication in a proper way was the key for us. Especially in an era like law, mistakes appearing from misunderstandings might be quite risky. With their team we never had an issue about this. Especially Pinar Veziroglu and Ecem Nur Aksoy were always there for us with their professional and problem solving ideas.’
‘Very good and professional.’
Key clients
Carel Industries SpA
Enova
Flovel
Hypernet
OYAK Renault
Alchem Europe
Axa Sigorta
Bel Carper
Dalkia
Ficosa
Group Atlantic
Groupama
Halliburton
Krom Maden
SNOP
Steel Case
Tisco/Taiyvan Iran&Steel
Vilmorin Mikado
Yves Rocher
Zeplin Inc
Work highlights
- Advised Saint-Gobain Rigips Alçı, an affiliate of the French multinational Saint-Gobain Group, on its partnership with Turkish company Dalsan Alçı.
- Advised the Türkiye Wealth Fund on its acquisition of 100% of the shares of Bereket Katılım Sigorta and Bereket Katılım Hayat Sigorta.
- Advised the Swiss company Schindler on its acquisition of 100% of Om Elektrik Makine Sanayi shares.
Pekin Bayar Mizrahi
Allied with Norton Rose Fulbright, Pekin Bayar Mizrahi draws clients for transactional matters and thereafter supports on ongoing advice such as corporate governance and compliance. The practice is spearheaded by the trio of Selin Bayar, Ferhat Pekin and Deniz Altınay, ‘all excellent, very knowledgeable and very responsive‘. Senem Gölge Yalçın specialises in M&As, securities law and offerings and is well-versed in insurance sector matters.
Practice head(s):
Selin Bayar; Ferhat Pekin; Deniz Altınay
Other key lawyers:
Senem Gölge Yalçın; Galya Benbanaste
Testimonials
‘The firm has a long history of excellent corporate work. Very consistent over the years and across the different lawyers. Very cross-border outlook, very business savvy.’
‘Selin Bayar, Ferhat Pekin and Deniz Altinay are all excellent. Very knowledgeable and very responsive.’
Key clients
Ethemba Capital / Stage Capital
Res Participation S.A.S.
Dar Al-Handasah Consultants
Omni Group
Optimum Media Directions
Teknasyon Yazılım Sanayi ve Ticaret Anonim Şirketi
GetContact LLC
ASAV Lojistik Hizmetleri A.Ş
CEZ
Work highlights
- Acted for Birgi Mefar Group in the sale of 100% of its shares to ADQ, an Abu Dhabi-based investment and holding company.
- Advised Thyssenkrupp Materials Services in the sale of 100% shares of Thyssenkrupp Stainless Turkey Metal to Acciai Speciali Terni, as part of the global sale of Thyssenkrupp’s stainless-steel business across Germany, Italy and Turkey.
- Acted as local counsel for CEZ as in the sale of its shares in Akcez Enerji Yatirimlari to Torunlar and Baskent Dogalgaz.
ARIKAN | PARTNERS ILC
The real estate and construction sectors are the main areas of operation for ARIKAN | PARTNERS ILC which supports its clients on day-to-day corporate matters and M&A. Managing partner Akin Volkan Arikan is a well-known figure in commercial real estate and construction law; he leads the practice, with Ilayda Gurcum a further key contact.
Practice head(s):
Akin Volkan Arikan
Other key lawyers:
Ilayda Gurcum
Testimonials
‘The team is always very responsive and efficient in corporate and commercial matters.’
‘For corporate matters we work with Akin Volkan Arikan and his experience in local and international matters, as well as his network in different jurisdiction, make us feel comfortable even for complicated matters. He makes us feel that he understands the business aspects of our works and he provides legal advisory services by caring about our business needs.’
‘Very dependable company for all kinds of legal problems.’
‘Volkan Arikan, always available and very helpful.’
‘The team of Arikan partners are composed of hardworking, intelligent attorneys with very good English skills.’
‘We admire their passion to research areas they have limited knowledge. Their hard work. Their kindness to customers. Their attention to details.’
Key clients
EMAAR PROPERTIES PJSC
Mitsubishi Elevators / AG Melco Turkey
Al Ghurair Investment LLC
Banwh Construction Company
Fichtner Gmbh & Co KG
Wap and Inserv Insurance Solutions Inc.
SFS Insurance Technology Incorporation A.S.
Steelco for Steel Trading Jordan
TURAN PLASTIK A.S.
ASAL GROUP OF COMPANIES
STANTEC
Gemak Group of Companies
KHAI Hotels Bodrum
Orucoglu Holding & Transatlantic DMCC
Work highlights
- Advised Banwh Contracting Company on the legal structure of the company’s investments in Turkey as well as in its contract negotiations.
- Acted as Mitsubishi Elevators’ legal department in relation to the company’s all corporate and commercial matters in 2019, 2020, 2021 and 2022.
- Advised Al-Ghurair Investment on all its commercial and corporate matters with regard to their investments in Turkey.
Baspinar & Partners
Baspinar & Partners takes a commercial approach to its advice on corporate transactions and is adept at giving counsel to both buying and selling parties from various sectors. Gökmen Başpınar and Ali Ceylan are the primary contacts, while Kaan Gök makes up the trio of practice heads.
Practice head(s):
Gökmen Başpınar; Ali Ceylan; Kaan Gök
Other key lawyers:
Ahmet Furkan Öztürk
Key clients
Re-Pie Portfolio Management
NIZH-YUG Group (Petrochemicals, Rubber etc.)
Tatex Petrochemicals
Baykan Group Companies (textile, real estate, automotive)
Intertek Quality Services
Intertek Test Services
Apleona Group (Formerly Bilfinger)
Bursel Textile
Spectrum Holding (Renewable Energy)
Almetsan Construction Material Industry Inc.
Acalis Healthcare Services
Marmara Deri Ltd.
Mr. Seyfettin Ersen Erol
Work highlights
- Advised Tatex Petrochemcials on its process for bidding in the tender held by Turkish Savings Deposit Insurance for the sale of Naksan Plastik ve Enerji, valued at $200m, and conducted the due diligence process.
- Advised Re – Pie Portföy Yönetimi on converting its shares in Getir, to the shares of Getir B.V. (Getir’s investment in Netherlands), and on the sale of a portion of its shares to a third-party.
- Advised the venture capital fund managed by Re – Pie Portföy Yönetimi on its $12m investment in Colendi, a digital payment systems provider.
Breitegger-Develioglu Law Firm
Boutique firm Breitegger-Develioglu Law Firm focuses on cross-border M&A, advising foreign-domiciled clients on their investments in Turkey. Co-founders Sezen Ergen Breitegger, recommended by clients for her multilingual counsel, and Burcin Yildirim Develioglu, whose focus is on the structuring, management and dispute resolution of joint business undertakings, coordinate the corporate law team.
Practice head(s):
Sezen Eger Breitegger; Burcin Yildirim Develioglu
Testimonials
‘The firm is giving very one to one and boutique services to the clients.’
‘We appreciate their very close touch to the clients and hands on job approach.’
‘Service by Breitegger-Develioglu law firm always is at the point, precise and clear. And, the most valuable point: as they have practical experience not only in Turkey, but as well in Europe, they perfectly understand the different “cultural views” which always might arise.’
‘We mostly cooperate with Sezen Ergen Breitegger – she speaks so many languages and is thinking in so many different ways that we just can say: perfect, thanks!’
‘We are working with them opening cases with foreign investors and I’m very happy to collaborate with them.’
‘They are active and positive team it makes our life easy.’
Key clients
Cana Bilişim Hiz. Ve Tic. A.Ş.
Aurosun GmbH
Schiebel Antriebstechnik GmbH
Mergen Dış Tic. ve Paz. A.Ş.
f&s Ingenieurbüros GmbH
Grafin Consultancy
Oxivo Group
Work highlights
Çelepçi in cooperation with Schoenherr
Levent Çelepçi heads the corporate practice at Çelepçi in cooperation with Schoenherr, admired for its ‘good and creative solutions‘. A number of multinationals operating in Turkey look to the firm for advice on day-to-day corporate issues, transactional matters, restructurings and shareholder negotiations. Turkey’s key sectors of energy, manufacturing, real estate and telecoms are all industries in which the firm is experienced.
Practice head(s):
Levent Çelepçi
Other key lawyers:
Murat Kutluğ
Testimonials
‘Service is very good.’
‘The quality of service.’
‘Expertise of the partner and legal team is very good. He acts as our board advisor and gives good and creative solutions advise on contracts.’
Key clients
OMV
UniCredit Bank Austria
Canon
Mayr-Melnhof Karton gmbh
Luxottica
TTTech Auto AG
Mondi Group
Atrium Group
Greiner Group
Société Générale
Bio-Rad
Getinge Group
SISMA SPA
Clyde & Co
Leoni AG
Sofiteks
Greiner Bio One
Mc Three Group nv
Phytobiotics Futterzusatzstoffe GmbH
Microport
MT Group Companies-Maxicells İlaç Sanayi Anonim Şirketi
Genel Havacılık
Metcap Enerjİ Yatirimlari Sanayİ ve Tİcaret A.Ş.(Metcap)
Sojitz Europe plc
Enso hydro GmbH
Angst+Pfister Holding
La Bottega SPA
Raiffeisen Investment
Ağaoğlu MyClub Teknoloji
Work highlights
- Advising Mayr-Melnhof Karton on its potential acquisitions in Turkey.
- Advising Angst+Pfister Group, Atrium Group, Aurubis Group, Canon, Getinge Geoup, Genel Havacılık, Greiner Group, Leoni Group, Luxotica, Metcap, MicroPort, Mondi Group, MT Group and on all corporate legal matters in Turkey.
- Assisting Angst+Pfister Holding, together with its JV partners, with the formation of production facilities in China and South Korea.
DURUKAN+PARTNERS
The ‘very efficient, knowledgeable and responsive team‘ at DURUKAN+PARTNERS has an eclectic client list drawn from its finance and capital markets expertise and the firm’s corporate law team support on day-to-day governance and contractual matters. Begum Durukan Ozaydin and Hikmet Fadillioglu co-lead the department.
Practice head(s):
Begum Durukan Ozaydin; Hikmet Fadillioglu
Testimonials
‘Although it is a boutique law firm, all the team members have indepth knowledge on legal matters and give comprehensive legal advice always in a timely manner.’
‘Begüm Durukan Özaydin- She is one of the best individuals in Turkish legal practice, especially in M&A and conventional financing. She is a very intelligent person, very responsive and gives high quality advice. You are in good hand when you work with Begüm.’
‘Very efficient, knowledgeable and responsive team with attention to details. Respective of client’s billing requirements/ timings.’
‘Begum Durukan Ozaydin is a very experienced lawyer who understands what we are seeking and the way we do business. She is able to find practical and creative yet legally sound solutions with full protection of our interests. We find her trustworthy and appreciate her legal guidance and input in transactions.’
‘Highly prudent about the service they provide. Always reachable and helpful on questions. Very knowledgeable about local and international M&A practices and governing laws.’
‘Small but a dedicated team. Partner directly in all practice and comments on any issues related to the deal.’
Key clients
Alimentation Couche-Tard
Ansaldo Energia SpA
Brev Bilisim A.Ş. (Brew)
Sephora Kozmetik A.S. and Benefit Cosmetics LLC
Daniel Wellington
dormakaba
Etam Turkey (Turkish subsidiary of Investint, formerly known as Etamint, in France)
Christian Dior
Bvlgari
HMT LLC and HMT Turkey
International Finance Corporation (IFC)
Letterone Group and IMTIS Holdings
Rhodium (Rolex distributor in Turkey)
Gazprom Export LLC and ZMB Gaz Depo A.S
Noris Medical Ltd.
International Materials, LLC / IMI Europe S.L.
Elite World Hotels
Work highlights
- Advised LetterOne, indirect shareholder in Turkcell, on certain restructuring and shareholding issues and concepts of capital markets laws as they may apply to Turkcell.
- Assisting Sephora Kozmetik with all its legal needs on corporate matters in Turkey.
- Acting for digital security company Gemalto in capital market concepts as applicable to Plastkart, in which Gemalto holds a majority stake.
Egemenoglu Law Firm
Egemenoglu Law Firm fields a ‘top-notch legal team‘ for corporate and commercial matters and is especially strong across the textile, construction, and manufacturing industries. The practice is frequently engaged in M&A, as well as being the chosen counsel for a variety of companies on their day-to-day corporate issues. Founding partner Egemen Egemenoğlu heads the firm’s international transactions and projects group, and is supported by 2022 partner appointment Efra Aydın Can, who leads the newly formed M&A/projects department.
Practice head(s):
Efra Aydın Can, Egemen Egemenoğlu
Testimonials
‘Egemenoğlu has a great team that serves even in the most sophisticated deals in an agile fashion. They have top-notch legal team in-house. Their communication skills and client handling is stellar. They efficiently use all the tech tools and pay utmost attention to details.’
‘The individuals that I have worked with have a high level of sacrifice and perseverance which are great qualities when faced with challenging deals. Efra Can Aydin specifically stood out in the latest transactions along with her team.’
Key clients
Erbak-Uludağ İçecek San ve Tic. A.Ş.
Uludağ Maden Suları Türk A.Ş.
Halla Holding Corp. and its Turkish subsidiary Halla Corp. Europe Otomotiv Yedek Parçaları San. ve Tic. A.Ş.
Alke Sağlık Ürünleri Sanayi Ürünleri San. ve Tic. A.Ş
IST Capital BV
Penguen Gıda San. A.Ş.
Nurol Yatırım Bankası A. Ş.
Quaker Houghton B.V.
Misli Elektronik Şans Oyunları ve Yayıncılık A.Ş.
Copa Isı Sistemleri A.Ş., Copa Endüstriyel Ürünler Pazarlama A.Ş.
5K Telekomünikasyon Yatırım Danışmanlık ve Ticaret A.Ş.
Chassis Brakes Int. Oto. San. ve Tic. A.Ş.
Midal Cables Ltd.
Maysan Mando Oto. Parçaları San. ve Tic. A.Ş.
Eren Holding
Küçükçalık Tekstil Ticaret ve Sanayi A.Ş.
Türkmen Holding A.Ş.; and Bluemint Magazacilik A.S.
İMİSK İthalat İhracat Ticaret Ve Nakliyat A.Ş.
TACA İnşaat ve Ticaret A.Ş.
Arcon Kozmetik Sanayi ve Ticaret Limited Şirketi
Panasonic Life Solutions Elektrik Sanayi Ve Ticaret A.Ş.
Work highlights
- Advising a Turkish transformer manufacturer and its former shareholders on the €18m acquisition of their shares by a Spanish multinational corporation.
- Acting for a Turkish packaging company and its former shareholders in the €40m acquisition of their shares by a Swiss multinational corporation.
- Acting for a Turkish cable manufacturer and its shareholders in the €85m acquisition of their shares by a well-known Turkish group.
Gedik & Eraksoy
Gedik & Eraksoy assists domestic and multinational clients in transactional matters, with the support of the international offices of Allen & Overy, with whom it is associated. The team is best known for acting in the Turkish law aspects of major international deals. Co-founding partner Hakki Gedik is the main contact and is supported on all matters by senior associate Cinar Sipahioglu.
Practice head(s):
Hakki Gedik
Other key lawyers:
Cinar Sipahioglu
Work highlights
- Advised LYY Telekomünikasyon on the sale of its shares in Türk Telekom.
- Assisted with its acquisition of InfoFort from Aramex.
- Advised Aviva on its exit from AvivaSA, acting in the sale of its entire 40% stake in AvivaSA Emeklilik ve Hayat.
Güner Law Office
Güner Law Office is the counsel of choice for a number of international companies looking for day-to-day corporate law guidance. The team also has capabilities in traditional M&A and has broad strength and a longstanding client base in the media sector. Ece Güner Toprak and Burçak Kurt Biçer are the practice heads.
Practice head(s):
Ece Güner Toprak; Burçak Kurt Biçer
Key clients
Dow Jones (The Wall Street Journal)
The New York Times Company Inc.
Ferro Corporation
The Walt Disney Company / Fox Networks Group
Konecranes OYJ, Konecranes Ticaret ve Servis Ltd. Sti.
Avient Turkey Renklendirici ve Katkı Maddeleri Sanayi ve Ticaret Anonim Şirketi
Avient Turkey Mühendislik Polimerleri Sanayi ve Ticaret Anonim Şirketi
Forcepoint Holdings International Limited, Forcepoint Turkey Siber Güvenlik Hizmetleri Limited Şirketi
Şafak Elektrik Malzemeleri Ticaret ve Sanayi Anonim Şirketi
Huhtamaki Holding Oy
Elif Holding Anonim Şirketi and subsidiaries
The Internet Corporation for Assigned Names and Numbers Turkish Liaison Office (ICANN)
Mercator by Citco / Here Coğrafi Bilgi Ticaret Limited Şirketi
Suez Water Technology Solutions
Tractel International S.A.S., Knot Yapı ve İş Güvenliği Sanayi ve Ticaret A.Ş.
Deezer SA
Limak Çimento Sanayi ve Ticaret Anonim Şirketi
Work highlights
- Advised Huhtamäki Holding Oy on its $422m acquisition of 100% shares of Elif Holding and its subsidiaries.
- Advising Turkish subsidiaries of The Walt Disney Company / Fox Networks Group on their day-to-day corporate and commercial law issues.
- Advised both Avient Turkey Mühendislik Polimerleri and Avient Turkey Renklendirici ve Katkı Maddeleri on their name change processes.
Heuvels Uras
Local independent firm Heuvels Uras fields a corporate and commercial team of lawyers that are ‘very responsive and experts in their respective areas‘. The firm retains a number of major domestic clients in sectors ranging from shipping and logistics to real estate and construction. Practice head Sena Apak Heuvels and senior associate Ecem Yıldırım both come recommended by clients.
Practice head(s):
Sena Apak Heuvels
Other key lawyers:
Ecem Yıldırım
Testimonials
‘Heuvels Uras Law Firm provides excellent services through the team’s years of experience with the understanding of operational needs and expectations. The lawyers are very responsive and experts in their respective areas. They also have a commercial and practical approach to legal matters. I am also pleased that the deadlines are met, the services are prompt and efficient and the quality of work remains very good at the same time. The team always goes above and beyond to assist us in difficult and/or urgent matters.’
‘We are working mainly with managing partner Sena Apak Heuvels, and senior associate Ecem Yıldırım who have very good legal knowledge and practical & commercial approach to the matters. Sena is very much solution oriented and capable of providing excellent legal services on various types of corporate matters with market understanding.’
‘We are working with the corporate team of Heuvels Uras Law Firm for the consultancy services including general corporate law advice, employment law advice and legal support on commercial agreements. I believe that the team provides first-rate legal services, tailored to the needs of our company.’
‘The managing partner Sena Apak Heuvels, and the senior associate Ecem Yıldırım have an excellent knowledge regarding commercial, corporate and employment law matters. They are responsive and always provide detailed advices with a hands-on approach.’
‘The team and Heuvels Uras has a very practical approach, especially in commercial dealings.’
‘Sena Apak Heuvels is extremely responsive and hands on.’
‘Heuvels Uras team has been very transparent and responsive for all of our cases. I believe this makes them unique.’
‘Consistently transparent and responsive.’
Key clients
Pearson Eğitim Çözümleri Ticaret Anonim Şirketi
EVSEN Group
Kinesis Group Holdings
Kibar Group Companies
Stenia Gayrimenkul Yatirim Anonim Şirketi
Steltech Makina ve Ekipman Ticaret Anonim Şirketi
GG Holding Anonim Sirketi
Exolvo/BMC Holding
Transal Shipping
Dünya Polistren Grup Limited Şirketi
United Fruits Gida Ithalat ve Ihracat Anonim Şirketi
Work highlights
KILINÇ LAW & CONSULTING
‘A practical and solution-oriented team‘ at KILINÇ LAW & CONSULTING handles a diverse spread of matters, from contracts and shareholder issues, to M&A and joint ventures. The energy sector is a particular area of strength for the department, which is co-led by Levent Lezgin Kılınç, Seray Özsoy and senior associate Gülenay Çapkınoğlu Kavcar.
Practice head(s):
Levent Lezgin Kılınç; Seray Özsoy Yavuz; Gülenay Çapkınoğlu Kavcar
Testimonials
‘We are working closely with Kilinç in our legal requirements concerning Turkish law. They have a practical and solution-oriented team that has always provided to-the-point services to our clients. We have a long-standing relationship with Kilinç Law and expect to cooperate with them in many years to come.’
‘Levent Lezgin Kilinç is our primary contact in the law firm. He is an excellent negotiator and his commercial approach to the deals has great significance. His commercial awareness and problem solving approach has stood out in our works together.’
‘Kilinc Team is excellent in providing client with the best and most practical legal advice. They have been very helpful in providing legal advice for our Clients in Kuwait doing business in Turkey. The lawyers are excellent help and our client are very comfortable working with them.’
‘Duygu and Levent have been great in addressing the most prominent client problems.’
‘Teams is very helpful to resolve the matters.’
‘It is a great pleasure to work with Levent Kilinc. He is very hand zone on matters and involve himself in transaction.’
Key clients
SOCAR
PETKİM Petrokimya Holding A.Ş.
TANAP
STAR Rafineri A.Ş.
Turkish Airlines Flight Academy
PASHA GROUP
DOKA Kalıp İskele Sanayi Ve Ticaret A.Ş.
BOR Şeker Anonim Şirketi
KIZILAY Group Companies
Arz Venture Capital Investment Fund
Resistanbul Enerji Anonim Şirketi
Work highlights
- Advised an energy company on 30m$ restructuring and merger.
- Acted for a group with investments in health sector in the takeover of a hospital.
- Advised a company group with investments in various sectors on the holding restructuring processes.
NAZALI Attorney Partnership
NAZALI Attorney Partnership has grown its corporate and M&A offering since 2018, developing it as a standalone practice area, complementing the firm’s strength in tax advice. The team assists with mid-markets transactions and has experience on both buyer and seller side. A particular strength of the practice is in advice to companies inexperienced with M&A. Practice heads Nilay Göker Duran and Ayşe Ülkü Solak are the names to note.
Practice head(s):
Nilay Göker Duran; Ayşe Ülkü Yalaz
Other key lawyers:
Bukle Korkmaz Eminel
Testimonials
‘Unique service: broad understanding in risk management, high service quality, clear answers and advise, open to challenges, availability and flexibility, eager to give the best, following up the market and all conditions (political & economic).’
‘They search and give the best even if the sector is new or topic is not a common one, they can identify the risks immediately and give warnings when necessary, they are proactive comparing to the other firms and team is quite good with high quality service.’
‘Individuals are experts but they do know when to say “we need to understand this topic deeper, please give us 3 days” which builds trust and confidence in business relation. After being sure, they advise and take necessary action.’
‘They are very business oriented, very responsive and highly skilled.’
‘We have been receiving legal and tax consultancy from Nazali Attorney Partnership for about a year. It is an experienced company that has the ability to provide international service and has lawyers and consultants who are experts in all fields of law. We receive consultancy from the firm in the fields of corporate law and legislation research.’
‘In the team led by the founder partner Ersin Nazali, we receive services from partner lawyer Nilay Göker in the field of corporate law. As an experienced lawyer in this field, she provides the necessary support. Meticulous and fast service was received from lawyer Bukle Korkmaz in the field of company establishment procedures.’
‘The speed of reaction, and getting things done. Including addressing potential issues proactively. The Nazali team feels like it is part of our own team on the ground, picking up where they can help, and clearly let us know if they are involved into something where they cannot help much. When critical they also provide boots on the ground, sending people in the field to unblock situations and bringing issues to resolve.’
‘In this area we work with a number of people. Individuals change a little depending upon the task. The constant in all the services from Nazali is that they are there, with the right people, when required. Including what I described above as ‘boots on the ground’, going in-person to resolve issues or to support my company. Generally all work is under the oversight of Nilay Goker, and when required Nilay will step in.’
Key clients
Logo Yazılım Sanayi ve Ticaret Anonim Şirketi
Beymen Perakende ve Tekstil Yatırımları Anonim Şirketi
Reckitt Benckiser Ev ve Hijyen Ürünleri Anonim Şirketi
LG Electronics Ticaret Anonim Şirketi
Fujifilm Dış Ticaret Anonim Şirketi
KAVAK – Araba Sepeti Otomotiv Bilişim Danışmanlık Hizmetleri Sanayi ve Ticaret Anonim Şirketi
Bosal Metal İşleme Sanayi Anonim Şirketi
Nordex Enerji Anonim Şirketi
Signode Netherlands B.V.
Carl Kühne Fermantasyon ve Gıda Sanayi ve Ticaret Anonim Şirketi
La Lorraine Unlu Mamuller Ticaret Sanayi Anonim Şirketi
Asaş Group
Atradius Credito Y Vaucipn S.A. De Seguros Y Reaseguros Merkezi İspanya Türkiye İstanbul Şubesi
Beyçelik Holding
Ghanbari Dış Ticaret Anonim Şirketi
Orau Orhan Otomotiv Kontrol Sistemleri Sanayi Anonim Şirketi
Yamas Yaşar Makina Kalıp Oto Yedek Parça Sanayi ve Ticaret Anonim Şirketi
Euro Gıda Sanayi ve Ticaret Anonim Şirketi
XTB Yönetim Danışmanlığı Anonim Şirketi
Akademi Turizm Organizasyon Ticaret Anonim Şirketi
ScaleX Ventures Fund I Coöperatief U.A.
Hotelrunner Bilgi Teknolojileri Ticaret Anonim Şirketi
Semrush Holdings Incorporation
ELBA HR İnsan Kaynakları Eğitim ve Danışmanlık A.Ş.
Spectrum Networks Bilişim Hizmetleri Anonim Şirketi
ClassOne Teknoloji Ürünleri Sanayi ve Ticaret Limited Şirketi
Work highlights
- Advised Logo Yazılım on its acquisition of 33% share capital of Payer Yazılım via subscription.
- Advised a client on its acquisition of the entire share capital of a well-known private hospital in Turkey.
ÖzmenYalçin
ÖzmenYalçin was established in March 2022 by a group of lawyers moving from Akol Law. Its corporate law practice handles a wide-ranging selection of matters, from day-to-day advisory to entrances to and exits from the Turkish market. The department is led by Ömer Gökhan Özmen, who has 15 years of experience in commercial matters and also has a strong client base of banks. At the counsel level, Handan Bacıoğlu is heavily involved in the practice and has been especially active in IPOs in 2022, Damla Keskin Şerbetcioğlu is strong on private equity investments and exits and strategic investments, while İris Erbil, who is the day-to-day contact for a number of the firm’s corporate clients.
Practice head(s):
Ömer Gökhan Özmen
Other key lawyers:
Handan Bacıoğlu; Damla Keskin Şerbetcioğlu; İris Erbil
Key clients
Doğanlar Yatırım Holding A.Ş.
Biotrend Çevre ve Enerji Yatırımları A.Ş.
KAVAK
Kimteks Poliüretan Sanayi Ticaret A.Ş. (KIMPUR)
Doğu Aras Enerji Yatırımları A.Ş.
Kiler Holding A.Ş.
Çalık Enerji
OYAK Portföy Yönetimi A.Ş.
Procenne Teknoloji A.Ş.
Work highlights
- Assisted OYAK Portföy Yönetimi with the sale of 60% of Hemenal Finansman a payment systems company, to ZIP International Holdings PTY.
- Advised Doğanlar Holding and Biotrend on EBRD’s acquisition of Biotrend shares and subsequent restructuring of EBRD’s investment in Biotrend.
- Advised Procenne and its existing shareholders on a venture capital investment fund’s share subscription into Procenne.
Pekin & Pekin
Pekin & Pekin is counsel of choice to heavyweights across a variety of sectors, with energy and infrastructure, banking and finance, industrial manufacturing, entertainment, software and healthcare all being areas of recent activity. The practice handles the range of corporate advisory issues, as well as M&A, and is jointly headed by Fırat Yalçın and Fethi Pekin.
Practice head(s):
Fırat Yalçın; Fethi Pekin
Key clients
Flutter Entertainment plc
Work highlights
- Assisted Flutter with its $2.2bn acquisition of Italian lottery operator Sisal.
Yazici Attorney Partnership
Drawing on 30 years of experience in the market, Yazici Attorney Partnership is recommended as ‘a reliable partner and advisor for any possible corporate, commercial and governmental matter‘. The practice assists with corporate governance in various respects, as well as acting for clients in M&A and joint ventures. Practice co-heads Murat Yazici and Ayşe Yazıcı Adanır in Istabul, and Kerem Arıç and Elif Karagözoğlu in Ankara are the main contacts; the presence in both cities gives close access to the country’s business hub, as well as its regulatory bodies, other government agencies, and high courts.
Practice head(s):
Murat Yazıcı; Elif Karagözoğlu; Ayşe Yazıcı Adanır; Kerem Arıç
Testimonials
‘Yazici Attorney Partnership, with its well experienced team, provides legal service in all of our commercial corporate mergers & acquisitions related matters. With their extensive knowledge in the industry and years-long practice, the trust established between Yazici and ourselves, makes this cooperation very valuable.’
‘Our main contact person in Yazici Attorney Partnership has been Elif Karagözoğlu for many years. She has been acquainted with us and knows our corporate structure in depth. Karagözoğlu is an outstanding lawyer that has an extensive knowledge in commercial and corporate matters.’
‘Familiarization with our company and our group company for a long time, and having all the history about us. Besides, by their wide range of expertise and experience, they are not only our legal service provider but also a reliable partner and advisor for any possible corporate, commercial and governmental matter.’
‘Their (Elif Karagozoglu and Sener Ozkan) wide range of expertise and experience, and familiarization with our company and our group company for a long time.’
‘We have worked with the team on various contracts with suppliers and customers and corporate venture initiations in countries other than Turkey. The team is knowledgeable about and have the means to attain information about business in international circles. We were provided with valuable information especially for our investment intentions out of Turkey.’
‘We are glad to have the opportunity to cooperate with Kerem Aric, Sener Ozkan, Irem Altinel and Zeynep Bolukbasi. They are all graduates of high standard law schools, with foreign language capabilities, are capable of dealing with a vast selection of topics and they are always ready to help, explain and teach.’
Key clients
Aviagen Anadolu A.Ş.
Erkunt Group Companies
Genetec Inc
Afendis Finansal Danışmanlık A.Ş.
Turner International Proje Yönetimi Ltd. Şti.
BTA Havalimanları Yiyecek ve İçecek Hizmetleri A.Ş.
AGE İnşaat ve Ticaret A.Ş.
Petrol ve Doğal Gaz Platformu Derneği
Enerji ve İklim Değişikliği Vakfı
Termo Makina ve Ticaret A.S.
Sepil Holding
Aldridge Mineral Madencilik Anonim Şirketi
Nüve Sanayi Malzemeleri Imalat ve Tic. A.Ş.
Work highlights
- Advising Erkunt Traktör and Erkunt Sanayi on corporate law matters related to board of directors resolutions, general assembly meetings, leases and specific corporate law-related queries.
- Advising Genetec on corporate governance-related issues, commercial law and contractual matters.
- Assisting Aviagen with all corporate governance-related matters in its Turkish operations, share transfers among shareholders, as well as on compliance matters.
YBK Law Firm in Cooperation with CMS
YBK Law Firm in Cooperation with CMS is bolstered by the international firm network in assisting clients with their operations and transactions domestically and internationally, covering all phases of an M&A project. The team works in a variety of sectors, with insurance being a field of increased activity during 2022. A team of four, namely Döne Yalcin, Alican Babalıoğlu, Hülya Kemahlı, and Alaz Eker Ündar all oversee the department.
Practice head(s):
Döne Yalçın; Alican Babalıoğlu; Hülya Kemahlı; Alaz Eker Ündar
Key clients
Yıldırım Holding A.Ş.
Alpla Plastik Sanayi ve Ticaret Ltd. Şti.
Howden Broking Group Limited
Gallagher International Holdings (US) Inc.
Arkance SAS
Aktaş Dış Ticaret A.Ş.