Erdem & Erdem Represented Akinon on $20 Million Investment

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Akinon, which is supporting the omni-channel operations and digital transformation processes of Turkey’s and the world’s leading retail brands with its cloud-based solutions, attracted $20 million investment in the investment tour led by Actera Group and Revo Capital. Erdem & Erdem is proud to support Akinon in the series B investment round and to represent the company in all legal processes of this transaction.

Erdem & Erdem provides consultancy services to Akinon, which was established as a start-up in 2007, regarding the preparation, negotiation, signing of the shareholders agreement and share subscription and share transfer agreement and the completion of the closing. Furthermore, our team also represented the company during the series A venture capital investment round, which was completed in 2020.

Erdem & Erdem team, which has provided legal consultancy to many Turkish start-ups during the incorporation, investment rounds, financing or investor exit processes in recent years, successfully represented Akinon, which operates in 17 different countries and aims to become one of the world’s largest digital commerce platforms in 3 years, in the investment round of 20 million dollars and successfully managed the preparation, negotiation and signing processes of the shareholders’ agreement and share subscription and share transfer agreement, which form the basis of the said transaction.

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