21
Sat, May
46 New Articles

Paksoy, White & Case, GKC Partners, Kinstellar, Gen Temizer Ozer, Herguner Bilgen Ozeke, and Lexist Advise on Trendyol’s Latest Funding Round

Paksoy, White & Case, GKC Partners, Kinstellar, Gen Temizer Ozer, Herguner Bilgen Ozeke, and Lexist Advise on Trendyol’s Latest Funding Round

Turkey
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Paksoy has advised General Atlantic on co-leading a USD 1.5 billion funding round for Trendyol, alongside SoftBank Vision Fund 2, Princeville Capital, and sovereign wealth funds ADQ and Qatar Investment Authority as well as Alibaba and Omega Oryx Limited. White & Case, and its Istanbul associated firm GKC Partners, advised Softbank Vision Fund 2, Kinstellar, and its Istanbul associated firm Gen Temizer Ozer, advised Princeville Capital, Herguner Bilgen Ozeke advised Alibaba, and Lexist advised Omega Oryx. Reportedly, Simpson Thacher & Bartlett and Verdi Law Firm advised Trendyol on the deal.

General Atlantic is a growth equity firm. Trendyol is a Turkish e-commerce platform. This funding round, according to Paksoy, results in Trendyol becoming a “decacorn” with a valuation of USD 16.5 billion.

Paksoy’s team included Partner Elvan Aziz, Senior Associate Hazak Korkmaz, and Associate Yeseren Sozuer.

White & Case’s team in London included Partners Dan Turgel, Jonah Anderson, Tim Hickman, and Marc Israel and Associates Helen Pantelides, Francis Brown, Joe Devine, Mhairi Fraser, and Luc Rosenberg. The GKC Partners team in Istanbul included Partner Emre Ozsar, Associates Tolga Tezel, Gokcen Durgut, and Selin Kaledelen, and Competition Advisor Sezin Elcin-Cengiz.

Kinstellar and Gen Temizer Ozer’s team in Istanbul included Partners Baran Gen and Edmund Emre Ozer and Associate Beliz Zorlu.

Herguner Bilgen Ozeke's team included Senior Partner Umit Herguner, Partners Mert Oguzulgen and Zeynep Tor, Senior Associate Esra Canpulat, and Associate Basak Etik.

Lexist's team included Partner Murat Erbilen, Counsel Mesut Kaya, and Associate Mertcan Sami Yilmaz.

Editorial Note: After this article was published, Akol Law Firm announced it acted as Qatar Investment Authority's Turkish counsel on the investment. The firm's team included Founding Partner Meltem Uslu-Akol, Partner Tugce Tatari, and Associates Ilay Erarslan, Tugce Incetan, Zeynep Kiris, and Yagmur Aker.

Turkey Knowledge Partner

NAZALI offers a broad range of services in the fields of Tax, Audit, Corporate and Commercial Law, Mergers & Acquisitions, Corporate Finance, Banking, Finance and Capital Markets, Protective Legal Services and Dispute Resolution, Personal Data Protection and Privacy, Social Security and Labor Law, Occupational Health and Safety, Competition Law, Intellectual Property Law and R&D, Compliance and White-Collar Crimes, Administrative Law, Real Estate Law, Customs and Foreign Trade, Accounting and Payroll, Financial Incentives and Advisory Services and Public Administration and Compliance through its partners, associates and consultants of different seniorities who have both public and private sector experience.

What sets NAZALI apart from others is that NAZALI offers a truly comprehensive service to its clients with experts from different disciplines working collaboratively as a team under one roof enabling us to evaluate all dimensions of legal matters together with financial and technical matters.

The services that NAZALI provides to its clients include the most appropriate solution with the support of technical departments specialized in their fields. In this context, NAZALI associates are supported by NAZALI technical team and work alongside the experts in the fields of finance, social security and customs matters. NAZALI has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

As conditions continuously evolve, NAZALI always aims to further itself remaining true to its motto “GROW WITH KNOWLEDGE” and has set out with the aim of providing the most efficient and comprehensive solution for its clients by adapting to the developing conditions and happily gained the trust of its clients by never compromising the quality of service.

Firm's website: http://www.nazali.com

Our Latest Issue