Cisco Systems, multinational technology conglomerate has entered into a share purchase agreement on 12 May 2021 for the acquisition of Socio Labs, a US based event technology platform co-founded by its Turkish CEO Yarkın Sakucoglu, which provides virtual and hybrid event solutions globally, including Turkey. The transaction is expected to close in 2021 after regulatory approvals are obtained.
We are pleased to announce that Paksoy acted as Turkish counsel to Cisco Sytems on this acquisition, with a team led by Elvan Aziz (partner, M&A) and Şansal Erbacıoğlu (partner, for tax matters), together with Gözde Zorlu (associate, M&A) and Simge Ergin (associate, for employment matters).
Share
Related persons
You can contact us for detailed information.
Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
8 November 2024
Paksoy advises General Atlantic on USD 500 million Series E investment in Insider as local counsel
Insider, a software company specializing in AI-powered customer experience and customer engagement is set to receive USD 500 million in its…
24 October 2024
Paksoy advises Korean consortium on landmark investment in Nakkaş-Başakşehir section on Northern Marmara Highway Project
The financial signing ceremony for the Nakkaş-Başakşehir section of the Northern Marmara Highway Project was held on 18 October 2024. The…
24 October 2024
Paksoy advises Türkiye Wealth Fund on its inaugural sukuk issuance
We are proud to be a part of the USD 750 million inaugural sukuk issuance of Türkiye Wealth Fund. Congratulations to the Türkiye Wealth…
22 October 2024
Paksoy advises ADQ on the acquisition of Odea Bank
Abu Dhabi’s USD 249 billion sovereign wealth fund ADQ announced on 15 October 2024 that it had signed a share purchase agreement to acquire…
16 October 2024
Paksoy advised Rönesans Holding’s $350 million sustainable Eurobond offering
We are glad to have completed another important capital markets transaction.
2 October 2024
Paksoy advises Global Payments on the acquisition of Yazara and its Turkish subsidiary SoftPos
Global Payments Inc., a global leader of payment technology systems has closed the acquisition of Yazara Payment Solutions Inc., an…