Kinstellar has advised Vivense and its CEO and founder, Kemal Erol, on a USD 130 million investment into the company by the Actera Group, a private equity firm focusing on investments in Turkey.
According to Kinstellar, "the new investment from Actera will, under the leadership of Kemal Erol, form the launchpad for the global expansion of Vivense’s online furniture business. The company plans to launch UK operations with a London showroom later this year, and its international e-commerce platform at the beginning of 2021."
Kinstellar’s team was led by Partner Baran Gen and included Senior Associate Mert Elcin, and Associates Irmak Seymen and Beliz Zorlu.
Kinstellar did not reply to our inquiry on the matter.
Editor's note: After this article was published, the Esin Attorney Partnership informed CEE Legal Matters that it had advised Earlybird Venture Capital on its exit from Vivense. The firm's team was led by Partner Eren Kursun and include Senior Associate Orcun Solak and Associate Sila Pinar.
