Turunç is a leading full-service Turkish law firm founded in 1990. The firm offices in Istanbul, Izmir and Ankara and has a representative office in Washington DC. The firm boast of being one of the oldest operating law firms in Türkiye. The deal team consists of prominent Turkish qualified legal professionals including partners Noyan Turunç and Kerem Turunç. The firm has a focus on banking, debt and equity capital markets and M&A.
Highlights
The firm advised advised Riverwood Capital on its $50 million investment in Picus Security.
The firm also advised Sphera Solutions on its acquisition of SupplyShift.
Key clients
Ascential, BV Crypto, Boğaziçi Ventures, Lycian Capital and Tacirler Gelecek Etki Venture Capital.
Testimonials
“They get along well with opposing counsel and manage their expectations skillfully." – Banking Client
“Turunc fields a well-rounded and highly specialized team that includes top-tier partners in banking and finance. Their collective depth of knowledge and expertise is truly world-class, setting them apart from other firms in Turkey. Each partner brings a wealth of experience, complemented by an exceptional team of associates who deliver partner-level service with remarkable efficiency. This team is proactive, demonstrating a keen ability to tackle complex issues with a commercial perspective. Their approach is solution-oriented, ensuring that their advice is both actionable and aligned with the strategic goals of their clients. Their ability to manage intricate projects with ease and provide clear, insightful guidance is unmatched in the market.” – Banking Client
“"Turunç’s banking team are pragmatic problem solvers. They are extremely knowledgeable, dedicated and meticulous, all while being very practical and easygoing. Their pragmatism combined with their expertise and depth of know-how is unique. They proactively advise us on new developments and keep an eye on our banking regulation compliance." – Banking Client
“They are excellent at financing arrangements for private equity investments, including offering restructuring and novel alternatives that are available to regulated Turkish funds." – Banking Client
“Turunç can coordinate big teams, including internal teams and banks, very well. They also can make complex issues simple for business. We are doing a bond offering for the first time and they make everything much easier for us. Their billing is also very clear and straightforward.” – Debt Capital markets Client
“Very positive overall experience. TURUNÇ team is great at handling construction and lease finance bonds with underwriters. They really know their stuff and help us make sure our agreements are good with the laws and market rules. They’re good at seeing what needs to be done and getting it done right. Team is super knowledgeable. Much easier process than other firms we worked with.” – Debt Capital markets Client
“They have an exceptionally capable team who draw on their international strength and expertise on the cross-border projects we work on. Combining their legal expertise with business acumen, they provide not only technical input but also critical strategy and guidance. They are extremely knowledgeable, business-savvy, communicative, detailed-oriented but fast.” – Debt Capital markets Client
“They showed a clear understanding of our complex needs. Their team worked together smoothly, with specialists assigned to different tasks, ensuring everything was done quickly and accurately. Their first drafts were often over 90% of the final version’s quality.” – Equity Capital markets Client
“Their institutional knowledge and ability to bring in specialists to identify and address issues makes them unique. Their combined expertise is beyond that of any other firm in the market. They work with a large number of fund sponsors, asset managers and other market participants.” – Equity Capital markets Client
“This practice is distinguished by its global viewpoint and expansive footprint, which is unparalleled among Turkish firms. We rely on them not only for domestic Turkish matters but also for a wide array of regional and international transactions, particularly in Eastern Europe and the Balkans. Turunc’s team possesses exceptional business acumen and industry-specific expertise, enabling them to understand and navigate the business rationale behind transactions. Their legal advice is both strategic and practical, tailored to the unique needs of each transaction. Their efficiency, ease of collaboration, and effective communication enhance the overall client experience, making them a standout choice for complex and high-stakes deals.” - M&A Client
“They are also very coherent as a team, with effective communication, responsiveness, and overall impressive client relationship management. We trust their legal expertise and their understanding of our industry and needs 100%.”- M&A Client
“TURUNÇ is our go-to firm, as they are for many private equity firms. They provide exceptional quality legal assistance, combined with insightful (and always on-point) commercial guidance. The team is very cohesive and able to approach complex projects with their multi-disciplinary know-how and expertise. I believe the combination of their deep legal knowledge, ability to assess matters with a commercial intelligence and naturality in international matters is what makes them unique. They can provide solid transactional advisory in addition to regulatory guidance, which is a rare combination in Turkish law firms.” - M&A Client
“They have an exceptionally capable team who draw on their international strength and expertise on the cross-border projects we work on. Combining their legal expertise with business acumen, they provide not only technical input but also critical strategy and guidance. They are extremely knowledgeable, business-savvy, communicative, detailed-oriented but fast.” - M&A Client
“"Excellent Listener. Quick grasp of business issues. Creativity in developing solutions. Attention to detail." - Project development Client
“Kerem Turunc is our go-to person for intricate and challenging matters. His profound understanding of market practices across the UK, US, and Turkey is a significant asset. He has an impressive ability to grasp and address complex issues with clarity. Kerem is exceptionally hands-on, always accessible, and deeply involved in each case, ensuring a high level of engagement and expertise.” - Kerem Turunç
" Kerem dominates the fund formation and regulation field in Turkey not only with the volume of work he does but also his technical knowledge.” - Kerem Turunç
“Kerem Turunc is our person. He is an exceptional resource for capital markets matters, particularly thanks to his extensive knowledge of market practices in the UK, US, and Turkey. His deep understanding of regulatory and transactional issues, and hands-on approach make him an invaluable asset. He is hands-on, always available and present.” - Kerem Turunç
“A great leader. He’s the one who designed this firm and the reason we originally engaged them. Our initial call always goes to him. He then leads his team to results.” – Noyan Turunç
“Noyan Turunç oversees the entire team and project extremely efficiently. He stands out with his experience and excellent understanding of commercial considerations.” – Noyan Turunç
“Noyan Turunç is the ultimate lawyer. He is a veteran in the law world and still going stronger than ever. He is very hands-on and sharp, so he understands the complexities fast and well. He offers exceptional value to client needs with his commercial savviness and robust legal knowledge. He is unrivalled with his commercial understanding, legal know-how and international background.” – Noyan Turunç
