On 28 August 2026, Point72 Private Investments, one of the world\u2019s leading alternative investment firms, completed an investment of up to USD 75 million in Turkish technology company HubX. The investment values HubX at USD 1.2 billion on a pre-money basis, marking the company\u2019s achievement of unicorn status.<\/p>\n
Established in 2022, HubX has grown rapidly over the past four years, building a portfolio of more than 40 mobile and web products that have reached over 600 million users across more than 190 countries. Point72\u2019s investment comprises an initial USD 50 million, with an option for an additional USD 25 million, and underscores T\u00fcrkiye\u2019s position as an attractive destination for sophisticated international capital.<\/p>\n
Paksoy is pleased to have advised Point72 on the transaction as Turkish counsel, alongside Gibson Dunn as global counsel. The team included partner St\u00e9phanie Beghe S\u00f6nmez, senior associate Ye\u015feren S\u00f6z\u00fcer, and associates Mustafa Karada\u015f and Cans\u0131n Taner on the M&A aspects, with partners \u015eansal Erbac\u0131o\u011flu and \u00d6kke\u015f \u015eahan providing specialist advice on tax and capital markets matters, respectively, in connection with the transaction structuring.<\/p>\n","protected":false},"excerpt":{"rendered":"
On 28 August 2026, Point72 Private Investments, one of the world\u2019s leading alternative investment firms, completed an investment of up to USD 75 million in Turkish technology company HubX. The investment values HubX at USD 1.2 billion on a pre-money basis, marking the company\u2019s achievement of unicorn status.<\/p>\n","protected":false},"author":3,"featured_media":157522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[272],"tags":[],"class_list":["post-157515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\n