Appreciated for its skill at ‘structuring innovative financial products and navigating regulatory landscapes’, Akol Law is recognised as a ’standout’ firm in relation to capital markets work. Although the scope of this work is broad, to include Eurobond offerings and warrant issues, the team, which is headed by the vastly experienced Meltem Akol, is best known for its work on behalf of companies on their IPO issuances. Senior associate Denizhan Budak is also a key member of the team and is involved in many of the key IPOs it handles.
Legal 500 Editorial commentary
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+90 212 264 6000
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Profile

Work Department
Capital Markets
Position

Senior Associate

Career

Denizhan Budak is a senior associate in our capital markets department holding a significant practice with a specific focus on IPO transactions, REIC conversions, lease certificates, bond issuances, and investments of venture capital investment funds.

Denizhan Budak is specialized in equity and debt capital market offerings and capital markets regulatory compliance. He represents local and international clients in IPOs, SPOs and leads due diligence, regulatory compliance, legal opinions as part of the public offering processes.

He has worked on numerous IPOs of companies in various sectors including retail, TMT, real estate, and energy.  He also provides regular consultancy to publicly held companies operating in the fields of real estate, IT and technology, energy, and tourism.

Denizhan Budak has been recognized in 2024 as a Rising Star and in 2025 as a Leading Associate in Türkiye by Legal500 and IFLR1000.

Languages
English, Turkish
Education

LL.M., Istanbul Bilgi University, Faculty of Law, Business Law

LL.B., Kocaeli University, Faculty of Law

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Testimonials

Collated independently by Legal 500 research team.

  • 'Akol Law is a standout in finance and capital markets law, with a strong focus on complex capital raising transactions and securities regulations.' 'Their expertise in structuring innovative financial products and navigating regulatory landscapes ensures that clients achieve their financial objectives seamlessly. 'This firm's Capital Markets team distinguishes itself through a blend of technical expertise, market insight, and a commitment to precision.' 'The firm’s capital markets team is renowned for its expertise in managing complex Initial Public Offerings (IPOs) from start to finish.' 'Akol team exemplifies a commitment to excellence through a unique blend of deep technical knowledge, commercial awareness, and practical solutions. They consistently prioritize client needs with a proactive, and solutions-oriented approach.' 'Akol Law team excels at handling complex transactions with precision, efficiency, and a depth of market insight that distinguishes it from other firms. They bring a profound understanding of both the regulatory landscape and the commercial nuances.'

Key clients

  • Penti (Penca) HSBC Çimko Çimento ve Beton Sanayi ve Ticaret A.Ş. Armada Gıda Ticaret ve Sanayi A.Ş. Ahes Gayrimenkul Yatırım Ortaklığı A.Ş Çağdaş Cam Sanayi ve Ticaret A.Ş. CarrefourSACarrefour Sabancı Ticaret Merkezi A.Ş. Emlak Konut GYO Mondi Turkey Oluklu Mukavva Kağit ve Ambalaj Sanayi A.Ş. Pasifik Donanım ve Yazılım Bilgi Teknolojileri A.Ş. Polifarma İlaç Sanayi ve Ticaret Anonim Şirketi