2024
Sale of 100% Equity Interest in Paynet
USD 92,000,000
Acted as Sell-Side Advisor
Description
A leading provider of online payment services and AI-based payment technologies, iyzico, backed by one of the largest technology investors of the world, Prosus, acquired 100% share from Arena Group in Paynet, the largest real-economy focused B2B payment service provider in Turkiye, for a cash consideration of US$92m. Odin Financial served as the exclusive financial advisor to Paynet and Arena in this transaction.
Advisory Services
Sell-side
Team
Ömer Ünsal, Ali Yazgan, Berk Özbek, Nasıf Mazlumoğlu, Emre Ertürk, Arda Özlemiş
2023
Acquisition of
Acted as Buy-Side Advisor
Description
Param, the largest full-stack payment service provider in Turkiye, acquired 100% share in Twisto, a recognized consumer lender with strong BNPL capabilities in CEE owned by Sydney-based BNPL company Zip Co. Limited. Odin Financial acted as exclusive strategic and financial advisor to Param.
Advisory Services
Acquisition
Team
Ömer Ünsal, Berk Özbek, Emre Egeli, Nasıf Mazlumoğlu, Ege Çağatay
2023
Acquisition of
Acted as Buy-Side Advisor
Description
Param, the largest full-stack payment service provider in Turkiye signed an agreement to acquire majority shares in Paycore, an international processing and payments services provider, majority owned by Mediterra Capital and MV Holding. Odin Financial acted as exclusive strategic and financial advisor to Param.
Advisory Services
Acquisition
Team
Ömer Ünsal, Berk Özbek, Emre Egeli
2023
Fundraising
Private Placement
Description
Founded by Boyner group, Hopi which is the largest loyalty program in Turkey with more than 15 million users raised a funding at a 100 million USD valuation from Param. Odin Financial acted as exclusive strategic and financial advisor to Hopi.
Advisory Services
Fundraising
Team
Ömer Ünsal, Berk Özbek, Engür Bulur, Nasıf Mazlumoğlu
2021
Acquisition of
Acted as Buy-Side Advisor
Description
Çizgi Telekomunikasyon (Natro) a group company of team.blue, the leading European webhosting player backed by Hg Capital, acquired 100% equity in Turhost, a prominent Turkish hosting provider. Odin Financial acted as strategic and financial advisor to team.blue and its shareholders during this transaction.
Advisory Services
Acquisition
Team
Onur Kurugöl, Gökhan Parmaksız, Berk Özbek, Engür Bulur
2021
Sale of 100% Equity Interest in Garajsepeti to
Acted as Sell-Side Advisor
Description
Kavak, Mexico’s first technology unicorn, acquired 100% shares of Turkey’s leading used-car trading and #1 auto dealer SaaS platform Garajsepeti. Odin Financial acted as the exclusive sell-side advisor to Garajsepeti and its founding and financial shareholders.
Advisory Services
Sell-side
Team
Ömer Ünsal, Onur Kurugöl, Gökhan Parmaksız, Berk Özbek, Engür Bulur
2020
Sale of 100% Equity Interest in Natro
Acted as Sell-Side Advisor
Description
team.blue, the leading European webhosting player backed by Hg Capital, acquired 100% equity in Natro, the local leader in Turkey. Odin Financial acted as financial advisor to Natro and its shareholders.
Advisory Services
Sell-side
Team
Onur Kurugöl, Dirim Altunbaş, Berk Özbek
2020
Series A Fundraising
Private Placement
Description
Turkish digital autoplace company Garajsepeti raised USD 1.5mn in a Series A investment round. Odin Financial acted as exclusive financial advisor to Garajsepeti.
Advisory Services
Capital Raising
Team
Onur Kurugöl, Dirim Altunbaş
2019
Acquisition of iyzico
USD 165,000,000
Acted as Buy-Side Advisor
Description
PayU, the leading online payment service provider and a subsidiary of Naspers, acquired Turkey’s fastest growing fintech company iyzico for USD 165 million. Odin Financial acted as strategic and financial advisor to PayU and its shareholder Naspers, during this transaction.
Advisory Services
Acquisition
Team
Ömer Ünsal, Onur Kurugöl, Dirim Altunbaş, Berk Özbek
2019
Fairness Opinion to the Board of
Acted as Financial Advisor
Description
Odin Financial provided Fairness Opinion regarding Paynet, a Turkish fintech company, to the board of directors of its parent company, Arena, to support its strategy and positioning going forward.
Advisory Services
Strategic Financial Advisory
Team
Ömer Ünsal, Dirim Altunbaş, Selim Demirci
2018
Growth Equity Fundraising
Private Placement
Description
Turkish leading digital real estate platform Hurriyet Emlak raised growth capital funding from Goldman Sachs. Odin Financial acted as exclusive advisor to Hurriyet Emlak and its shareholder Dogan Holding.
Advisory Services
Capital Raising
Team
Ömer Ünsal, Onur Kurugöl, Dirim Altunbaş
2018
Sale of Equity Interest in Ekol Gıda
Acted as Sell-Side Advisor
Description
Cargill's animal nutrition business has fully acquired Ekol Gıda, a leading company operating in premix and feed additives markets in Turkey. Odin Financial acted as exclusive financial advisor to Ekol Gıda.
Advisory Services
Sell-Side
Team
İzzet Özdal, Selçuk Çetinkaya
2018
Sale of the Majority Equity Interest in ACP Sigorta
Acted as Sell-Side Advisor
Description
Howden Broking Group, a global specialist insurance broker, has acquired the majority equity stake in ACP Sigorta, one of the largest insurance and reinsurance brokers in Turkey. Odin Financial acted as exclusive financial advisor to ACP Sigorta and its largest shareholder Mediterra Capital.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal, Berk Şener, Selim Demirci
2018
Convertible Loan
Private Placement
Description
Turkey’s hyper-growth m-commerce company Getir, raised convertible loan financing from Revo Capital. Odin Financial acted as exclusive financial advisor to Getir.
Advisory Services
Capital Raising
Team
Ömer Ünsal, Onur Kurugöl, Dirim Altunbaş
2017
Sale of 90% Equity Interest in Propak Ambalaj
EUR 47,000,000
Acted as Sell-Side Advisor
Description
Polinas Plastik, the largest BOPP film manufacturer in Turkey and controlled by Gozde Girisim (sister company to Yildiz Holding) acquired 90.0% equity in Turkish leading flexible packaging producer Propak Ambalaj for EUR 47 million. Odin Financial acted as financial advisor to Propak Ambalaj.
Advisory Services
Sell-Side Auction
Team
Berk Şener, Kerem Çakıroğlu, Selçuk Çetinkaya
2017
Sale of the Majority Equity Interest in Hisarlar Makina
Acted as Sell-Side Advisor
Description
Mahindra & Mahindra, one of the world's largest tractor producers acquired 75.1% equity in Turkish farm machinery manufacturer Hisarlar Makina Sanayi ve Ticaret A.Ş. Odin Financial acted as exclusive financial advisor to Hisarlar Makina.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal, Berk Şener, Kerem Çakıroğlu
2016
Series C Fundraising
USD 19,000,000
Private Placement
Description
Turkish fintech company iyzico raised USD 19 million in a Series C round led by Vostok Emerging Finance. Odin Financial acted as exclusive financial advisor to iyzico.
Advisory Services
Capital Raising
Team
Ömer Ünsal, Onur Kurugöl, İmge Su Sarıca
2016
Sale of 49% Equity Interest in Mackolik
Acted as Sell-Side Advisor
Description
Perform Group acquired 49% equity in Mackolik. Odin Financial acted as exclusive financial advisor to Mackolik.
Advisory Services
Acquisition
Team
Ömer Ünsal, Onur Kurugöl
2016
Sale of 90% Equity Interest in Kalenobel Ambalaj
EUR 90,000,000
Acted as Sell-Side Advisor
Description
Mondi Group acquired 90% equity in Kalenobel Ambalaj San. ve Tic. A.Ş. for EUR 90 million. Odin Financial acted as financial advisor to Kalenobel Ambalaj and Argus Capital.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal, Berk Şener, Kerem Çakıroğlu
2015
Sale of Doğan Gazetecilik's Assets related to Arabam.com Operations
USD 5,000,000
Acted as Sell-Side Advisor
Description
Doğan Gazetecilik sold its auto classifieds business Arabam.com to Ilab Holding for USD 5 million. Odin Financial acted as exclusive financial advisor to Doğan Gazetecilik.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal, Onur Kurugöl
2015
Sale of 100% Equity Interest in Eczacıbaşı Securities
TL 30,000,000
Acted as Sell-Side Advisor
Description
Eczacıbaşı Yatırım Holding Ortaklığı sold 100% equity in Eczacıbaşı Yatırım Menkul Değerler A.Ş., and its wholly owned subsidiary, Eczacıbaşı Portföy Yönetimi A.Ş., to Global Menkul Değerler A.Ş. for TL 30 million. Odin Financial acted as exclusive financial advisor to Eczacıbaşı Group.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal, Berk Şener, Kerem Çakıroğlu
2015
Sale of Minority Interest in Kodsan Termosar Enerji Sistemleri San. ve Tic. A.Ş.
Acted as Sell-Side Advisor
Description
Minol-ZENNER Group acquired a minority stake in Kodsan Termosar Enerji Sistemleri, a Turkish company focused on offering services and devices for the metering and billing of energy and water usage. Odin Financial acted as exclusive financial advisor to Kodsan Termosar and its shareholders.
Advisory Services
Acquisition
Team
Onur Kurugöl
2015
Sale of 25% Equity Interest in Hepsiburada
USD 108,000,000
Acted as Sell-Side Advisor
Description
Hepsiburada.com, the largest e-commerce company in Turkey, sold 25% equity to The Abraaj Group for USD 108 million. Odin Financial acted as exclusive financial advisor to Hepsiburada and its shareholders.
Advisory Services
Sell-Side
Team
Ömer Ünsal, Onur Kurugöl, Kerem Çakıroğlu
2015
Acquisition of Evmanya
Acted as Buy-Side Advisor
Description
Hepsiburada.com acquired Evmanya, online retailer of house and decorations products. Odin Financial acted as exclusive financial advisor to Hepsiburada.com.
Advisory Services
Acquisition
Team
Onur Kurugöl
2015
Acquisition of Altıncı Cadde
Acted as Buy-Side Advisor
Description
Hepsiburada.com acquired Altıncı Cadde, an omni-channel furniture & home decor retailer. Odin Financial acted as exclusive financial advisor to Hepsiburada.com.
Advisory Services
Acquisition
Team
Onur Kurugöl
2014
Acquisition of Kodsan Enerji Sistemleri Sanayi ve Ticaret A.Ş.
Acted as Buy-Side Advisor
Description
Termosar Heating Solutions acquired Kodsan Enerji Sistemleri. Odin Financial acted as exclusive financial advisor to Termosar.
Advisory Services
Merger
Team
Onur Kurugöl
2013
Acquisition of Elektronik Bilgi Iletisim
TL 13,000,000
Acted as Buy-Side Advisor
Description
D&R, the music and book retail subsidiary of Doğan Group, acquired Elektronik Bilgi İletişim, operating İdefix and Prefix brands, for TL 13 million. Odin Financial acted as exclusive financial advisor to Doğan Holding.
Advisory Services
Acquisition
Team
Ömer Ünsal, Onur Kurugöl
2013
Acquisition of AME Info
Acted as Buy-Side Advisor
Description
Mediaquest, Dubai-based media company, acquired AME Info, Dubai-based online business news and information service company. Odin Financial acted as exclusive financial advisor to Mediaquest.
Advisory Services
Acquisition
Team
Ömer Ünsal
2012
Sale of 51% Equity Interest in Mackolik
USD 25,000,000
Acted as Sell-Side Advisor
Description
Perform Group, one of the leading digital sports media companies in Europe based in the UK, acquired 51% equity in Mackolik for USD 25 million. Odin Financial acted as exclusive financial advisor to Mackolik.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal, Onur Kurugöl
2011
Sale of 60% Equity Interest in YEM Fair Organisation
USD 25,000,000
Acted as Sell-Side Advisor
Description
ITE Group, the organizer of over 200 exhibitions and conferences each year in 14 countries, acquired 60% equity in YEM Fuarcılık, the largest organizer of building materials & equipment exhibitions in Turkey, for USD 25 million. Odin Financial acted as exclusive financial advisor to Yem Fuarcılık.
Advisory Services
Sell-Side
Team
Ömer Ünsal, Berk Şener
2010
Acquisition of 50% Equity Interest in Kalenobel Ambalaj
Acted as Buy-Side Advisor
Description
Argus Capital, UK-based private equity firm, acquired 50% equity in Kalenobel Ambalaj. Odin Financial acted as exclusive financial advisor to Argus Capital.
Advisory Services
Acquisition
Team
Ömer Ünsal, Berk Şener
2010
Equity Linked Project Financing Facility
USD 265,000,000
Acted as Financial Advisor
Description
Turcas Petrol A.Ş. raised USD 265 million equity-linked financing for 774 MW Denizli Combined Cycle Power Plant. Odin Financial acted as exclusive financial advisor to Turcas Petrol A.Ş.
Advisory Services
Equity-Linked Financing
Team
Ömer Ünsal
2010
Strategic Advisory to the Board of Directors
Acted as Financial Advisor
Description
Odin Financial provided strategic advisory and corporate finance services to the board of directors of ETİ, Turkey's leading confectionery producer.
Advisory Services
Strategic Financial Advisory
Team
Ömer Ünsal, Berk Şener
2006-2010
Strategic Advisory to the Board of Directors
Acted as Financial Advisor
Description
Odin Financial provided strategic advisory and corporate finance services to Turcas Petrol A.Ş. as well as Aksoy Holding.
Advisory Services
Strategic Financial Advisory
Team
Ömer Ünsal
2009
Sale of 70% Equity Interest in E.ON
Acted as Sell-Side Advisor
Description
E.ON sold its equity interest in Denizli 774 MW CCGT power plant to RWE. Odin Financial acted as financial advisor to Turcas Petrol A.Ş. as minority shareholder.
Advisory Services
Sell-Side
Team
Ömer Ünsal
2009
Sale of Equity Interest in Mediaquest
Acted as Sell-Side Advisor
Description
Abraaj Capital acquired 40% equity in Mediaquest. Odin Financial acted as exclusive financial advisor to Mediaquest.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal
2008
Acquisition of Göçay-Summa Real Estate Portfolio
Acted as Sell-Side Advisor
Description
Dedeman Hotels & Resorts acquired Göçay-Summa's real asset portfolio. Odin Financial acted as exclusive financial advisor to Göçay-Summa.
Advisory Services
Sell-Side Auction
Team
Ömer Ünsal
2008
Acquisition Financing Facility
USD 680,000,000
Acted as Financial Advisor
Description
Turcas Petrol A.Ş. and Socar Enerji utilized an acquisition financing facility of USD 680 million to pay for Petkim's shares. Odin Financial acted as exclusive financial advisor to Turcas Petrol A.Ş. and Socar Enerji.
Advisory Services
Acquisition Financing
Team
Ömer Ünsal
2007
Acquisition of 51% Equity Interest in Petkim
USD 2,000,000,000
Acted as Buy-Side Advisor
Description
Turcas Petrol A.Ş. and Socar Enerji acquired 51% equity in Petkim for USD 2 billion. Odin Financial acted as financial advisor to Socar Enerji & Turcas Petrol A.Ş.
Advisory Services
Privatization Purchase
Team
Ömer Ünsal
2007
Acquisition of 100% Equity Interest in GBC
Acted as Buy-Side Advisor
Description
Mediaquest acquired 100% equity in GBC (Gray Business Communications). Odin Financial acted as exclusive financial advisor to Mediaquest.
Advisory Services
Acquisition
Team
Ömer Ünsal
2007
Sale of 100% Interest in Yeniköy Turizm owning Sait Halim Paşa Yalısı
Acted as Sell-Side Advisor
Description
Boğaziçi Turizm Yatırım, İstanbul-based tourism & investment company, acquired Yeniköy Turizm, owning the operating rights of Sait Halim Paşa Yalısı located in İstanbul. Odin Financial acted as exclusive financial advisor to Yeniköy Turizm.
Advisory Services
Transfer of Operating Rights
Team
Ömer Ünsal