Dr Umut Kolcuoğlu > Kolcuoglu Demirkan Koçakli > Istanbul, Turkey > Lawyer Profile

Kolcuoglu Demirkan Koçakli
SAGLAM FIKIR SOKAK, KELEBEK CIKMAZI NO 5
ESENTEPE
34394 ISTANBUL
Turkey

Work Department

M&A/Joint Ventures, Banking & Finance and Capital Markets.

Position

Managing Partner.

Dr. Umut Kolcuoğlu has diverse experience and comparative knowledge in a wide range of M&A, finance and capital market transactions, as well as international commercial dispute resolution. He has represented leading private equities, multinational and local corporations, financial institutions and borrowers (such as Vitol, Turkven Private Equity, Bain Capital, Koç Holding, Doğan Holding, Brightstar Capital Partners, Hedef Filo, Otto Group, Bunzl, Sedes Holding, Talanx Group, Mediterra Capital, Iyzico, ORIX Corporation, UTC Aerospace (Goodrich Corporation), Mitsui, RWE, TPI Composites, Argus Capital, Bedminster Capital, Hugo Boss, Cosco Group, team.blue, QTerminals, Sesa Packaging, Glencore, Deloitte, Siemens, Hyundai Motor Company) acting in numerous sectors, including financial services, energy, infrastructure, insurance, retail, aerospace, automotive, electronics and pharmaceuticals. Umut also acts as expert witness in international arbitration proceedings involving corporate and commercial disputes between Turkish and international parties. He leads the Firm’s German desk. Aside from his legal practice, Umut serves as an independent board member of various companies.

In recent years, Umut advised Vitol, one of the world’s largest companies trading in energy and commodities, on its acquisition of Petrol Ofisi, Turkey’s leading fuel products distributor, from OMV AG for USD 1.45 billion. He also advised Sedes Holding on its sale of the majority shares of Gratis to Actera Partners II L.P. and advised EAS Solutions S.a.r.l., Logo Technology and Logo Software in connection with an offering to qualified investors, which was the first successful internationally marketed deal in Turkey since November 2014. In addition, he advised Elif Holding’s shareholders on the sale of Elif Plastic, which was among the largest deals in the Turkish packaging sector, and then advised Turkven and minority shareholders on their exit from Elif Plastic. He further advised Iyzico, Turkey’s market leader in e-money and payment services, its shareholders and eight institutional investors, including IFC, Vostok, Amadeus and Pahicle, in connection with the transfer of majority shares in Iyzico to MIH PayU B.V.; QTerminals, a leading Qatar-based terminal operating company, on its acquisition of Port Akdeniz; team.blue on its acquisition of Çizgi Telecommunication and the indirect acquisition of Nics Telecommunication, both of which are Turkey’s outstanding hosting and domain name registration service providers, as well as on its add-on acquisition of Turhost, one of Turkey’s accomplished hosting and domain name registration service providers. Most recently, he advised Mediterra Capital on its acquisition of PayCore, a company engaged in payment services, and advised MIC Capital Management 39 RSC Ltd, a fund owned by Abu Dhabi state investor, Mubadala, in connection with its investment in Getir B.V. by way of share subscription.

He has handled restructurings and finance transactions involving leading banks, borrowers, financial institutions, funds and other public and private companies, such as Deutsche Investitions-und Entwicklungsgesellschaft, EBRD, FMS Wertmanagement, Deutsche Pfandbriefbank, Landesbank Baden-Württemberg, Deutsche Bank, Commerzbank, Bank of Ireland, Barwa Bank, İş Bank, XTB, HBK Investments, AIG Insurance, Wittur, Samsung C&T Corporation and Putzmeister. He led the KDK team in the financial restructuring (under the German Financial Market Stabilization Fund Act) of the Turkish component of a portfolio of loans, securities, derivative instruments and other assets and liabilities, having a nominal amount of EUR 173 billion and was the largest transaction of its kind.

Career

Umut is the Firm’s founder and managing partner. He was an associate lawyer in a major Istanbul-based law firm between 1998 and 2000 and again between 2003 and 2005. He was seconded to and worked with Gibson Dunn & Crutcher, New York in 2002. He also worked as a foreign associate with German law firm, Hengeler Mueller, in Frankfurt, between 2005 and 2006 and, subsequently, founded the Firm in 2006.

He is a columnist for Turkey’s leading economy newspapers, Dünya Gazetesi (www.dunya.com) and TR Monitor – Dünya Executive (dunyaexecutive.newspaperdirect.com) where he writes a column on business and commercial law matters. He is the author of “Mandatory Tender Offers in Capital Market Law,” (Vedat Publications, April 2009) as well as the contributing editor to Venture Capital Encyclopaedia (Venture Capital Experts, U.S.A., 2002). In 2014 and 2015, Umut received the Client Choice Award by International Law Office Magazine for his work in M&A and corporate law.

Languages

English, German, Turkish.

Memberships

Board Member of Boyner Holding; Member of the Board of Trustees of Turkish Entrepreneurship Foundation; Advisory Board Member of Istanbul Bilgi University School of Law; New York Bar Association; Istanbul Bar Association; International Bar Association (IBA); Turkish Corporate Governance Association (TKYD); Turkish-British Chamber of Commerce and Industry (TBCCI); German-Turkish Chamber of Industry (AHK).

Education

Istanbul University School of Law (PhD on Corporate Law and Capital Market Law, 2009); New York University School of Law (LL.M. on Corporate Law, 2001); Istanbul University School of Law (LL.B.,1998); Sankt Georg Austrian High School (1994).

Lawyer Rankings

Turkey > Commercial, corporate and M&A

(Leading individuals)

Umut KolcuoğluKolcuoglu Demirkan Koçakli

Kolcuoglu Demirkan Koçakli houses ‘one of the best M&A practices in Turkey’, offering ‘high-quality legal assistance, excellent interpersonal skills and commitment to every single issue, no matter the complexity involved’. The department is a popular choice for private equity funds and major strategic and financial investors. Umut Kolcuoğlu, ‘the go-to person for M&A matters’, and Serhan Koçaklı, who has a focus on foreign direct investment clients, head the team. Bihter Bozbay Inan; Melis Öget Koç, who was promoted to partner in 2021; and senior associate Alp Erçetin are other names to note.

Turkey > Project finance/projects

Kolcuoglu Demirkan Koçakli is recommended for its skill in handling all aspects of infrastructure projects, including contracts, deal structuring, and regulatory and administrative law matters, and has solid knowledge and experience in PPP projects, mainly related to infrastructure, construction and energy. The practice is co-headed by Umut Kolcuoğlu and Okan Demirkan, and is also know for its financing work, advising lenders and borrowers regarding project finance, Islamic finance transactions, bilateral financings of acquisitions, as well as real estate and greenfield projects.

Turkey > Competition

Seen by one client as ‘a one-stop-shop for legal requirements‘, Kolcuoglu Demirkan Koçakli supports its corporate clients in merger control filings and in TCA investigations. Competition advice is co-ordinated by the firm’s founding and managing partner Umut Kolcuoğlu and counsel Neyzar Ünübol, a competition expert with past experience as a case handler for the TCA. Associate Ali Tunçsav is a further name to note.

Turkey > Banking, finance and capital markets

Kolcuoglu Demirkan Koçakli‘s ‘reliable, responsive and diligent’ practice has a solid expertise in transactions ranging from cross-border secured lending to portfolio restructuring, as well as acquisition financing to regulatory compliance. The team, which is headed by Umut Kolcuoğlu and Bihter Bozbay Inan, also provides services in the capital markets sector, as well as fintech, advising on Turkish legislation on banking, e-money, and payment service solutions. Melis Öget Koç, promoted to partner in 2021, is another name to note. Hasan Yaşar was a new arrival in July 2022.