General Atlantic, a leading global growth equity firm, has co-led a USD 1.5 billion funding round alongside SoftBank Vision Fund 2, as well as Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority for Trendyol, Turkey’s leading e-commerce platform. The funding round makes Trendyol the only “decacorn” in Turkey, valuing Trendyol at USD 16.5 billion.
Paksoy is pleased to announce that a team led by Elvan Aziz (partner) together with Hazal Korkmaz (senior associate) and Yeşeren Sözüer, LL.M. (associate) acted as Turkish counsel to General Atlantic on this transaction.
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
19 September 2024
Paksoy advises Software AG on the sale of Integration Business to IBM
Software AG (as succeeded by Mosel Bidco AG) sold its webMethods and StreamSets business to IBM for €2.13 billion. Paksoy acted as local…
10 September 2024
Paksoy advised ACG on its acquisition of Polimetal from Çalık Holding
ACG, a UK-based SPAC, acquired Polimetal Madencilik from Çalık Holding. With ACG's expertise and resources, Polimetal Madencilik plans to…
19 July 2024
Paksoy advises H.I.G. Capital on the acquisition of Valeo’s Thermal Commercial Vehicles Division
H.I.G. Capital, a leading global alternative investment firm with $60 billion of capital under management, has closed the acquisition of…
19 July 2024
Paksoy advises DP World on the establishment of a strategic partnership with Evyap Group in port operation business
DP World, a leading global provider of worldwide smart end-to-end supply chain logistics, has closed the establishment of a strategic…
19 July 2024
Paksoy advises Innovalift AB on the acquisition of Arkel Elektrik
Innovalift AB, a wholly-owned subsidiary of Investment AB Latour, which is an investment company consisting primarily of wholly-owned…
1 July 2024
Paksoy advises General Dynamics on the sale of Pagetel
General Dynamics, a global aerospace and defence company, signed a share purchase agreement on 2 February 2024 for the sale of its General…