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Paksoy Advises One Equity Partners on Sale of 48.04% of Netas

Paksoy Advises One Equity Partners on Sale of 48.04% of Netas

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Paksoy is reporting that it advised OEP Turkey Tech B.V., a portfolio company of OEP — a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe — on its December 6, 2016 agreement with ZTE Cooperatief U.A. for sale of 48.04% of Netas Telekomunikasyon, a Turkish digital transformation company.

According to Paksoy, "ZTE is a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet."

The Paksoy team was led by Partner Sera Somay, supported by Senior Associates Selin Barlin Aral and Okkes Sahan.

Editor's Note: After this article was published, Paksoy informed CEE Legal Matters that counsel for the sellers was the Ankara-based ALK law firm.

 

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