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


acquired
Metafor WPP & Yakaağzı WPP
from

2024
Advisor to the Seller

Göktekin Enerji is an engineering company providing EPC services in renewable energy industry.  The company carries out projects and investments across Türkiye, primarily in industrial-scale solar power plants, as well as wind and biomass energy plants. Göktekin Enerji owned Metafor WPP and Yakaağzı WPP with a total installed capacity of 83.3 MW.

İş Enerji, a subsidiary of İş Bank, is a renewable power generation company with an installed capacity of 1000 MW.

İş Enerji acquired Metafor WPP and Yakaağzı WPP.


acquired
a joint-control stake in

2024
Advisor to the Buyer

MAT designs and manufactures water filtration, water treatment, ozone, and UV disinfection equipment for recirculating aquaculture systems (RAS), aquarium life support systems (LSS), industrial water treatment facilities as well as zoological and recreational applications, making it the only global manufacturer producing all equipment required for RAS and LSS. The Company generates 100% of its revenue from international markets, employing over 300 people across subsidiaries in Norway, USA, UAE, Qatar, and Mexico.

Pragma Capital Partners (PCP) is the leading private equity firm investing across buyout and growth equity strategies in fast-growing and export-oriented companies in Türkiye. PCP has invested in 17 companies and currently manages an AUM over US$1 billion.

PCP acquired a joint-control stake in MAT.


€25 million
long-term debt financing

2024
Advisor to the Company

BEST is the largest power and distribution transformer manufacturer in Türkiye with a turnover of €500 million in 2024. With more than 1,500 employees, BEST exports approximately 70% of its production to 85 countries. In addition, it is a leading player in Middle East & Northern Africa, CIS Region and Europe.

Industrial Development Bank of Türkiye (“TSKB”) supplied €25 million long-term debt financing for its investment in a new transformer test laboratory and a medium-term working capital facility.