Turkven related stories
All articles and analysis
- Advent buys €30m Hungarian radio station
Mezzanine Management provided debt capital, investing from its dedicated Central and Eastern European fund, Accession Capital Management.
- First local Turkish fund closes
Turkven, an affiliate of Advent International, has closed on $41m and will invest in Turkish growth opportunities alongside Advent’s Central and Eastern European team.
- CVC in Running for Turkish Drug Maker Bilim
London-based private equity firm CVC Capital Partners, European buyout firm Cinven and London-based Advent Venture Partners are all in the running for a stake in Turkish drug maker Bilim Ilac, Reuters said. The size of the potential deal is unclear.
Turkish DelightTurkey is garnering more investor interest, with its fast-growing economy, young population and history of entrepreneurialism
Turkish TargetThese days reasonable predictions can be made about inflation and interest rates making the country attractive to PE.
Turkish private equity market hit by political crisisIn February BC Partners led the largest LBO in Turkish history when it acquired supermarket chain Migros in a US$3.2bn deal. One alleged coup later and its prospects as an emerging market have been severely dented.
Turkey waits for political dustWhile the long-term opportunities for private equity investment in Turkey are attractive, current political uncertainty could begin to affect business confidence. In Greece, while the market is small and under-developed, there have been some significant private equity acquisitions recently.