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
31 August 2026
Paksoy advises Point72 on its investment in HubX
On 28 August 2026, Point72 Private Investments, one of the world’s leading alternative investment firms, completed an investment of up to…
10 August 2026
Paksoy closes Fysol’s acquisition of shares of Beşler Glass Fiber
Fysol, a France-headquartered player in the glass fiber industry backed by private equity firm Blantyre Capital, has completed the…
6 August 2026
Four Deals. Five Business Days. One Team.
The past week showcased the depth, coordination, and strength of our M&A practice, as our teams advised on four significant M&A deals…
6 August 2026
Paksoy closes APP’s acquisition of Sanipak from Eczacıbaşı Holding
On 31 July 2026, APP, through its Turkish subsidiary, completed its acquisition of Sanipak from Eczacıbaşı Holding following receipt of all…
5 August 2026
Paksoy closes Carrefour’s sale of its stake in CarrefourSA
On 31 July 2026, the sale of Carrefour's 32.16% stake in CarrefourSA, one of Türkiye's leading food retailers, to Yeni Mağazacılık A.Ş., a…
29 July 2026
Paksoy advises Azimut on the acquisition of Yapı Kredi Portföy, one of Türkiye’s leading asset management companies
On 29 July 2026, Azimut, a leading international asset management group, entered into a share purchase agreement to acquire approximately…