What We Do Investment Banking Advisory Transactions
Year
Type
Sector
Target Country

Delfin Holding

acquired 100% of

RBS Leasing

from

2014
Advisor to the Seller

RBS Finansal Kiralama is a leasing company in Türkiye owned by the Royal Bank of Scotland (“RBS”). RBS Finansal Kiralama operates with its license obtained from Banking Regulation and Supervision Agency.

RBS is the third largest bank in the United Kingdom with total assets of £1.0 trillion in 2013. Headquartered in Edinburgh, RBS operates in the United Kingdom, Europe, the Middle East, the Americas and Asia, serving over 24 million customers worldwide. During late 2007, RBS successfully led the consortium bid for Abn Amro and commenced its current operations in Türkiye through this acquisition.

Delfin Holding is an investment company based in Istanbul, Türkiye.

Delfin Holding acquired 100% of RBS Finansal Kiralama.

Minority Shareholders 
acquired 80% of

from


2014
Advisor to the Buyer

AE Arma Elektropanc, with over 1,200 employees, is one of the leading electrical, electronical, mechanical services contracting companies in the region surrounding Türkiye, Middle East, Russia and various former Soviet Republics. AE Arma Elektropanc has successfully completed electrical, electronical, HVAC and mechanical works with a total area of 7 million squaremeters.

Imtech is a leading European technical services provider in the fields of electrical solutions, ICT (information communication technology) and mechanical solutions. With 28,600 employees, revenues of €5.1 billion and a market capitalisation of €2.2 billion.

Founding shareholders acquired majority of AE Arma Elektropanc from Imtech.


acquired 45% of


2014
Advisor to the Seller

Polat Enerji was founded by Mr. Adnan Polat in 1999. In 2008, EDF Energies Nouvelles (France based international energy company) acquired 50% of Polat Enerji and established a 50-50% partnership with AP Enerji. Polat Enerji has the largest wind energy power plant portfolio in Türkiye with its installed capacity of 334 MW and annual generation of 950 million kWh. Once the power plants under construction are put into full operation, Polat Enerji will reach 600 MW installed capacity with an annual generation of 2 billion kWh.

PSP is one of Canada’s largest pension investment managers, with US$70 billion of assets under management. PSP manages investments in private equity, real estate, infrastructure and renewable resources.

PSP Investments acquired 40% and 5% stakes of Polat Enerji from Mr. Adnan Polat and EDF Energies Nouvelles, respectively.