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Turunc and YBK Advise on Acquisition of Majority Stake in Turkish Online Travel Agency

Turunc and YBB Advise on Acquisition of Majority Stake in Turkish Online Travel Agency

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The Turunc Law Firm has advised a group of private investors led by Cetin Yilmaz on their acquisition of MCI's majority stake in online travel agency Tatilbudur from Polish private equity fund MCI. The Yalcin Babalioglu Kemahli Attorney Partnership advised MCI on the deal, while Akol Law advised shareholder Is Girisim. Tatilbudur was reportedly advised by Yondem Yigit Uclertopragi.

Yilmaz was, in essence, repurchasing the stake he and other investors sold to MCI back in 2015. Is Girisim increased its stake in the company as a result of the transaction.

The Turunc team was led by Partner Kerem Turunc and included Partner Noyan Turunc and lawyers Esin Camlibel, Naz Esen, Beste Yildizili Ergul, and Ecem Kutukculer.

The YBK team was led by Partner Alican Babalioglu and included Counsel Inci Alaloglu-Cetin.

Akol's team was led by Partner Tugce Tatari.

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