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


raised project finance from

€47.3 million

2010
Advisor to the Company

Akres is a wind farm project with a capacity of 45 MW based on 18 units Nordex N90 2.5MW turbines. Its expected annual energy generation is 138 million kWh.

Akres is owned by Karesi Enerji, which is a Yırcalı Group company. Yırcalı Group is a reputable Turkish group, which has operations in transformer manufacturing, electricity generation, animal feed production and synthetic weaving.

Commerzbank provided €47.3 million project financing with 16.5 years term through a Hermes covered facility.


acquired 46% of 

2009
Advisor to the Seller

Taftel is a leading contemporary tafting carpet manufacturer in Türkiye deploying in-house developed automated hand-tufting technology. The company has annual production capacity of 216,000 sqm. The Company is the major and exclusive supplier of Step Carpet.

Swicorp Private Equity is a leading private equity firm with a specific regional focus on the Middle East and North Africa (MENA) region. Since 2005, Swicorp raised nearly US$1.4 billion in private equity funds from Middle East based investors.

Swicorp acquired 46% of Taftel Carpet.


raised debt finance

€18.5 million

2009
Advisor to the Company

Best is engaged in manufacturing and sale of power and distribution transformers. It is the largest Turkish transformer company. In addition, it is a leading player in Middle East & Northern Africa, CIS Region and Europe.

Isbank, one the largest private banks in Türkiye supplied €18.5 million project finance and working capital finance to Best.