What We Do Principal Investments

Pragma is skilled at sourcing, developing, organizing, and implementing private equity and venture capital investments, in addition to greenfield projects.

We invest on our own behalf or on behalf of our shareholders and partners.

In private equity deals, we take a long-term approach by directly involving in the management of the companies and providing financial support, as well as bringing in experienced management teams with a proven track record and a clear strategy.

For venture capital investments, we seek out high-growth, scalable companies with strong entrepreneurial talent, taking minority positions and co-investing with other partners. We also utilize our investment banking expertise and network to help our portfolio companies grow, both within Turkey and internationally.

Our greenfield projects to date have focused on the mining of copper, molybdenum, lead, and zinc.

PORTFOLIO COMPANIES

Private Equity

Bimed is the leading cable gland manufacturer in EMEA regionwith a turnover of ca.€55 million.

The company also produces medical disposable products.

International sales account for 85% of turnover.

In addition to the existing facilities in Turkey and Romania, the company has been investing in a greenfield state-of-the-art facility.

The company has around 700 employees.

Pragma has acquired a minority stake in Bimed in 2022.

Beta-Pak is the leading thermoform packaging machinery manufacturer in Turkey and Middle East with a turnover of ca.US$15 million.

The company exports majority of its production to more than 40 countries.

The company has recently relocated to a new facility to increase capacity.
The company has ca.200 employees.

Pragma has acquired a minority stake in Beta-Pak in 2022.

Hisar is a leading global manufacturer of undercarriage systems for heavy mining machines and cranes with a turnover of €40 million.

The company exports its entire production. Hisar has ca. 400 employees.

Pragma acquired 85% of Hisar in 2015.

Venture Capital

Binalyze, is an innovation driven cyber security company, whose aim is to create robust, easy to use, effective, and high performance solutions for addressing the needs of digital forensics and incident response. Pragma has acquired a minority stake in Binalyze in 2020.

Enbiosis, is a biotechnology company providing personalized healthcare solutions with its new generation artificial intelligence technology based on microbiome analysis.

Pragma has acquired a minority stake in Enbiosis in 2021.

Dcey (Davet Çok Elbisem Yok) is the leading Turkish digital fashion rental company.

Pragma acquired a minority stake in Dcey in 2021.

Greenfield

Lodos Maden is a mining development company focusing on metals such as copper, molybdenum, lead and zinc.

It invested in and exited from several mining projects owned by international junior developers and local Turkish mining groups in several parts of Turkey.

Lodos currently develops one of the leading copper mine projects in Turkey in West Anatolia.

Pragma owns 100% of Lodos Maden since 2012.