Türkiye

Penezoglu Law Firm is a corporate law firm founded in Istanbul in 2003. It has a team of 19 lawyers.

Focusses / specialisms

The firm is active in corporate and M&A and has experience in capital markets. The capital markets team advises on IPO matters. The corporate and M&A team is experienced in advising mostly targets and sellers on acquisitions.

Key clients

Among the clients of the firm are Istanbul Portföy Yönetimi Anonim Şirketi, Inveo Yatırım Bankası Anonim Şirketi, Nefes Ekolojik Yatırımlar Anonim Şirketi, Beybadem Tarım Yatırımları Anonim Sirketi, Şefik Emir Yargıcı and Seda Yargıcı.

Aksu Çalışkan Beygo Law Partnership (ASC Law) is a full-service Turkish law firm founded in 2001 by Murat Aksu, Zeki Çalışkan and Okan Beygo. The firm is headquartered in Levent /Istanbul. The firm boast of having more than 80 qualified Turkish lawyers with experience in providing legal services to prominent financial institutions and corporations. The firm is very active and well known for its exceptional practice in banking and finance but also has good capabilities in debt and equity capital markets, M&A and project developments.

Highlights 

The firm advised Sur Tatil Evleri Gayrimenkul Yatırım Ortaklığı on its $82 million Initial Public Offering of shares on BIST Stars Market.

The firm also advised ASCE Gayrimenkul Yatırım Ortaklığı on its $77 million Initial Public Offering of shares on BIST Stars Market.

The firm advised Büyük Şefler Gıda Turizm Tekstil Danışmanlık Organizasyon Eğitim Sanayi ve Ticaret Anonim Şirketi on its $42 million Initial Public Offering of shares on BIST Stars Market.

Key clients  

TC Ziraat Bankası, Osmanlı Yatırım Menkul Değerler, Türkiye Bankalar Birliği (Banking Association of Türkiye), Büyük Şefler Gıda Turizm Tekstil Danışmanlık Organizasyon Eğitim Sanayi ve Ticaret and Sur Tatil Evleri Gayrimenkul Yatırım Ortaklığı.

Testimonials  

"ASC Law excels in handling complex projects with precision and efficiency. Their expertise in drafting and negotiating contracts for major aviation and energy projects is exceptional. Their deep legal and technical knowledge, strategic thinking, and attention to detail consistently meet our high standards. The team's versatility and commitment to client needs make them a top choice for this type of work." (Energy Project Development Client)

"What we appreciate most about ASC Law is their unparalleled expertise and deep understanding of the energy sector. Their team stands out due to their ability to provide comprehensive and strategic legal guidance, tailored to our specific needs.  ASC Law's approach is highly collaborative, ensuring clear communication and a thorough understanding of our objectives. The team's meticulous attention to detail and proactive problem-solving skills have consistently ensured compliance with intricate energy regulations and industry best practices." (Energy Project Development Client)

"They are fast, reliable and provide high quality services." (Private Equity Client)

"They are full knowledge about project finance, very constructive and customer-focused." (Project Finance Client)

“He is highly smart and responsive, listens very well and comes up with highly useful solutions.” Can Payal, Firm Partner 

“Fulya Sert Topçu is exceptionally responsive and accessible at any time. She consistently provides solution-oriented advice. Her commitment to delivering practical solutions and her extensive knowledge in the field ensure that our transactions are handled with the highest level of professionalism and competence.” - Fulya Sert Topçu, Firm Partner

“Levent's expertise spans across drafting and negotiating complex agreements, with a particular focus on energy projects, including renewables, hydro plants, and public-private partnerships such as airports and malls. His profound understanding of both legal and technical aspects of these sectors enables him to provide highly specialized advice, ensuring precision and strategic thinking in every project he undertakes.” - Levent Yetkil, Firm Senior Partner 

“Customer focused, well knowledgeable and accessible.” Levent Yetkil, Firm Senior Partner 

Baspinar & Partners is a corporate law firm.

Focusses / specialisms

The firm advises clients on corporate and M&A work.

Key clients

Among the clients of the firm are Tatex Petrochemcials, Re-Pie Portföy Yönetimi and Seyfettin Ersen Erol.

Client feedback: 32nd edition (2022/2023)

M&A

"Good knowledge of legal framework, English language and our expectations"

CE Partners is a leading Turkish law firm established in 2011 and has since been working in cooperation with Clifford Chance. The Istanbul-headquartered firm has competent Turkish qualified legal practitioners, notably partner Itır Çiftçi and Sait Eryılmaz. The deal team regularly advises large international and Turkish banks, government entities and companies in banking, debt and equity capital markets, M&A and projects work. The team has great capabilities in Türkiye achieving top tier ranking across relevant practice areas.

Highlights 

The firm advised J.P. Morgan, UKEF and other lenders on its $847 million covered financing provided to the Republic of Türkiye for the Mersin-Adana-Osmaniye-Gaziantep High Speed Rail Project.

The firm advised BNP Paribas, Goldman Sachs International, JP Morgan Securities and Deutsche Bank among others as joint bookrunners on a $500 million senior secured notes issuance of WE Soda Holdings Investment.

In M&A the firm recently advised Actera Group on the acquisition of Vector Yatırım Holding and Tam Finans Faktoring by MNT-Halan.

Key clients  

AIIB, Actis, Ciner Group, ENBD and KfW IPEX-Bank.

Testimonials  

“Fast, solution-focused and co-operative.” (Banking Client) 

“Well organized - we always get excellent service, and they are very responsive.” (Debt Capital Markets Client) 

“Accurate and timely responses, and good teamwork.” (M&A Client) 

“They are probably one of the few very experienced teams in Turkey.” (M&A Client)   

“Very dedicated, easy going, and straight to the point.” (M&A Client)   

“The Clifford Chance / Ciftci Attorney team has been exceptionally helpful in conducting the due diligence, drafting the necessary documents and carrying out the negotiations. The team was always very receptive and responsive, carried out the communications with the sell-side's counsels very delicately and always on the lookout for common ground.” (M&A Client)   

“A holistic expertise on all the related fields of the business of the companies and the legal and business aspects of the merger.” (M&A Client)

“Clifford Chance is by far the most solution-oriented law firm together with their experienced team both in London and Turkey.” (Project Finance Client) 

“They are great.” (Project Finance Client) 

“They are outstanding professionals in cross-border project finance transactions and corporate lending. Very well positioned law firm.” (Project Finance Client) 

"They diligently guided us through the whole transaction. Throughout the documentation process, they are fully aware of the latest regulations regarding these sectors, and they pre-inform us as well as designated the legal documents in this manner." (Project Finance Client) 

"What stands out about Çiftçi Attorney Partnership is the exceptional dedication and expertise of their team. The quick turnaround times they offer are invaluable in fast-paced transactions." (Project Finance Client) 

“Working alongside Sait, Ali Can is exceptional. He is highly responsive and adept at providing clear and practical advice.” Ali Can Altiparmak- Banking/Project Finance Senior Associate

“He is very responsive, result oriented. He has provided great assistance to us.” - Ali Can Altiparmak, Banking/Project Finance Senior Associate

“Basar is a very talented associate of the Ciftci Team. Basar is very good at relationship management who has prompt and detailed explanations in terms of jurisdiction and industry knowledge. He always brings innovative solutions to the table that could find happy medium between all parties. He is problem-solver oriented and always provides diligent feedback to the queries.” - Basar Kirka, Banking/Project Finance Senior Associate

“His timely responses and quick collaboration make working with him a seamless experience. Basar's deep knowledge of benchmark practices and MLA standards consistently ensures that our projects align with the highest industry standards. Moreover, his ability to offer practical and effective solutions to deadlock matters has been invaluable in moving complex deals forward. His expertise and dedication truly set him apart.” - Basar Kirka, Banking/Project Finance Senior Associate 

“Deniz has been extremely successful in carrying out a cross-border deal with multiple and, at times, demanding parties. Her people skills have mostly helped everyone.” Deniz Göcük, M&A Partner 

“Managing not only legal but also business side of the work – a business minded lawyer.” Itır Çiftçi, M&A Partner 

“Very experienced and good negotiator.” Itır Çiftçi, M&A Partner 
“Excellent and direct guidance.” Itır Çiftçi, M&A Partner 

“Itir Ciftci is a highly experienced lawyer. She has managed to recruit the best professionals lawyers and is an incredible negotiator with the ability to bridge over unresolved legal and business hardships for both parties, in an extremely professional and pleasant manner. she has very broad experience which contributes to an overall service, and the teams in the firm under her management include specialists in narrow fields of expertise such as environment, competition law and securities law.” Itır Çiftçi, M&A Partner 

“Sait is an experienced lawyer with in-depth industry knowledge. He is very good at providing creative solutions based on clients’ needs.” Sait Eryilmaz- Banking Partner. 

“He listens to the client well and brings rational solutions. He is also a good negotiator.” Sait Eryilmaz, Banking Partner. 

Gen & Temizer | Özer is a corporate law firm based in Istanbul. It’s part of the international law firm Kinstellar which established this office in 2010, and also has offices in Almaty, Kazakhstan, Sofia, Bulgaria, Kyiv, Ukraine, Tashkent, Uzbekistan and Zagreb, Croatia. It has more than 350 lawyers spread across all offices of the firm.

Focusses / specialisms

The firm is active across all areas of corporate law and project development.

In banking and finance the firm advises lenders on mostly direct financing and also project financing.

In capital markets it advises on debt and equity capital markets transactions.

In corporate and M&A it advises all sides of the table on acquisitions in various sectors, including technology and telecommunications.

Key clients

Among the clients of the firm are Commerzbank, Partners for Growth and Fund of Problem Loans.

Client feedback: 32nd edition (2022/2023)

M&A

"They know the law and domestic market dynamics very well, and they make it easy for the decision makers focus on commercial points."

Project development : Mining

"They have an excellent understanding of international business and financing projects. Their advice, drafting and negotiation skills are first class."

Gokce is an Istanbul based law firm established in 2010. It’s a member of Interlaw. The firm offers a broad range of legal services to diverse clientele The firm has notable Turkish qualified legal practitioners with expertise in cross-border and domestic transactions. The deal team is being managed by partner Görkem Gökçe. The firm is particularly active in M&A practice where it is renowned for its specialty in technology and media law.

Highlights 

The firm advised Trendbox Innovatıve Solutıons Teknoloji Ticaret Anonim Şirketi on the financial investment by Blue Hub Ventures.

Key clients  

Carbon Health Inc, Figo Ticari Bilgi ve Uygulama Platformu, Neo Auvra Dijital Sağlık ve Biyonik Teknolojileri ve Hizmetleri Sanayi ve Ticaret Anonim Şirketi, Searover Robotik ve Yazılım Anonim Şirketi and Trendbox Innovative Solutions Teknoloji Ticaret Anonim Şirketi.

Testimonials 

"What we appreciate most about Gokce Attorney's services is their deep understanding of the legal landscape in the investment and startup sector. Their offerings are comprehensive, covering everything from contract negotiations to compliance and regulatory advice. The team is highly knowledgeable and approachable, always providing timely and practical solutions tailored to our needs. Their expertise in navigating complex legal issues with precision and their proactive approach in anticipating potential challenges make them stand out." (Investment Funds Client)

“Preparing the Agreement in dual language (TR/ENG) and communication among the parties.” (Investment Funds Client) 

“They have so much expertise about start up and scale up technology companies' all respective law issues. Especially valuation, dilution, vesting, phantom stock, SAFE, convertible debt etc.” (Investment Funds Client) 

"We greatly appreciate Gokce Attorney Partnership’s ability to provide solutions across various legal domains, thanks to their specialized teams and strong legal connections. Their dedication to our projects, coupled with their experience and precision, gives us confidence in every step we take. Their support in navigating global legal jurisdictions, which can be challenging to find in Turkey, is particularly commendable." (M&A Client)

“First of all, Gökçe has a deep understanding of the technology business legal infrastructure. They have qualified and diverse professionals working closely with us. They clarify the cases and advise on the possible solutions effectively.  Also, their energetic team communication skills are tremendous. Timely and effective support makes us feel secure for the MA processes.” (M&A Client)

“I liked their thoughtfulness, promptness, and thoroughness, particularly in the areas of describing norms for the local market vs. norms for cross-border transactions in the market.” (M&A Client)

“We've been working with Gokce since our establishment; therefore, our primary focus is their team and their expertise in our field of operations.” (M&A Client)

“Timeously responding and her dedication to client is perfect every time.” Ayse Altundal, Firm Lawyer 

“Barış is the senior member of the MA team, he has good leadership in the processes.” - Barış Can Şeki, Firm Managing Associate 

“Drafting, negotiating, and Positioning.” Barış Can Şeki, Firm Managing Associate

“Başak Taş excels in her ability to navigate complex legal issues with precision and clarity sets her apart. She is exceptionally responsive and proactive, ensuring that our needs are met with the highest level of professionalism. Her strategic insights and strong communication skills make her an invaluable asset to our legal processes.” - Başak Taş, Firm Senior Associate 

“Görkem Gökce excels in providing clear, concise, and actionable legal advice tailored to our specific needs. He has a remarkable ability to break down complex legal jargon into understandable terms, making it easier for us to make informed decisions. Görkem is highly responsive and consistently meets deadlines, ensuring that our legal matters are handled promptly and efficiently. His deep understanding of the investment and startup landscape allows him to anticipate potential issues and offer proactive solutions. Additionally, Görkem's strong negotiation skills have been invaluable in securing favorable terms for our contracts and agreements. His approachable demeanor and commitment to our success make him a trusted advisor and an integral part of our team.” - Görkem Gökce, Firm Managing Partner

“Very responsive, good communication skills.” - Yağmur Yollu, Firm Senior Associate 

Güleryüz Partners is an Istanbul-headquartered full-service law firm established in 2015. The firm also has an office in Ankara. The firm is member of Eurojuris International, enabling it to connect with other law firms and offer legal services to clients in more than 50 jurisdictions. The firm has a team of about 20 Turkish qualified legal professionals with experience in advising on local and international transactions. The firm is particularly known for its banking and M&A practice.

 Highlights 

The firm advised Mercan Kimya Sanayi ve Ticaret on its $1 million acquisition of 30% stake in Fevup Brands.

Key clients  

Mercan Kimya Sanayi ve Ticaret and Tiryaki Agro Gıda Sanayi ve Ticaret.

Testimonials 

"They can evaluate every process from 360 degrees and be prepared for various alternatives. In addition to their very valuable immediate legal support, they also provide advice by considering many angles, including secondary legal impacts, relationship with counterparties and authorities, other potential consequences of each decision etc." (Banking Client)

"Güleryüz Partners has a business-mind as well as being always dependable regarding correct legal advice. Their assistance in structuring the deal does not solely rely on legal terms and how the process should be run on a legal end but are also very quick to respond to the requests regarding the business aspect of the deal." (Banking Client)

"Very professional services, good inter-cultural communication, excellent services." (Restructuring Client)

“Yasemin is always responsive, very well at meeting deadlines and is able to find a compromise in matters that sometimes seem like a deal-breaker on a business end. She is able to set the tone in a discussion and is very persuasive as to structuring a deal.” - Yasemin Keskin, Firm Senior Associate

“Excellent communicator She perfectly understands the needs of our firm and adapts to it, taking into account a business perspective (not just legal). She is one of the best legal advisors I have worked with worldwide.” Yasemin Keskin, Firm Senior Associate

“Zahide is very well educated, had in depth experience, very focused, able to evaluate situations from very broad perspectives, add great value not only with her legal advice but also with her ability to negotiate fairly that makes her to be respected a lot by her counterparties.” - Zahide Altunbas Sancak, Firm Partner 

Hansu is a Turkish leading full-service law firm established in 2000. The firm is headquartered in Istanbul and has offices in London in addition to having cooperation with leading offices in major cities such as Ankara and Izmir. The firm provides legal services to both domestic and international clients. The deal team in Istanbul is led by managing partners Omer Faruk Hansu and Ata Torun. The firm has a focus on M&A transactions with peculiar strength in mining and energy industry sectors. The firm also advises on project transactions.

Highlights 

The firm advised a client on its $10 million acquisition of shares in a company in Austria. The firm assisted with the legal due diligence and reviewed the transactional documents.

In project development, the firm advised a client on the development of a residential real estate project by a prominent Turkish construction company.

Testimonials 

“Teamwork is very good.” (Banking Client) 

“Legal advisory, project financing, hospitality contracts, hotel management contracts.” (Insolvency Client) 

“Ability to manage and persuade complex, problematic counterparties.” (Insolvency Client) 

“What I liked about Hansu Law Office was their comprehensive service offerings, expert team, and specialized expertise in land negotiations. Overall, their combination of extensive service offerings, a skilled team, specialized expertise, meticulous attention to detail, and personalized approach made Hansu Law Office the ideal choice for our legal needs in this significant transaction.” (Investment Funds Client)

“Quick and excellent response.” (Project Development Client) 

"What I like about Hansu Attorney Partnership is their deep expertise in Turkish real estate law, which was particularly valuable for my luxury real estate projects. Their thorough understanding of both local regulations and international property standards gave me confidence in navigating complex legal aspects. Their responsiveness and attention to detail stood out; they ensured every contract was meticulously reviewed, minimizing any potential legal risks. Additionally, they have a highly professional team, offering personalized guidance, and their ability to clearly communicate legal jargon in a practical, understandable way made the whole process smoother. They also have a strong network in the industry, which added a layer of trust to the project’s legal and regulatory handling." (Project Development Client)

“THEIR PUNCTUALITY, TEAMWORK, AND LEGALITY.” (Project Development Client) 

“He listens well and gives advice in detail and solve the problems.” - Ata Torun, Firm Partner 

“Reliable, good communication skills and quick response.” - Ömer Faruk Hansu, Firm Partner 

“Ömer Faruk Hansu is an exceptional attorney who brings a rare combination of legal brilliance, strategic vision, and unparalleled industry connections to every case he handles.” - Ömer Faruk Hansu, Firm Partner 

“EXPERT IN EVERYTHING.” - Ömer Faruk Hansu, Firm Partner

“INNOVATIVE SOLUTIONS.” - Ömer Faruk Hansu, Firm Partner 

“Being persuasive. Commercial instinct. Ability to manage complexity.” - Ömer Faruk Hansu, Firm Partner 

“Overall, Ömer Faruk Hansu’s combination of strategic negotiation skills, deep expertise in real estate law, meticulous attention to detail, effective communication, strong client relationships, leadership abilities, professional integrity, and innovative problem-solving makes him a standout legal professional.” - Omer Faruk Hansu, Firm Partner

Hergüner Bilgen Üçer Attorney Partnership is a leading independent Turkish law firm founded  in 1989. The firm has about 80 legal professionals including 16 partners with expertise in advising on both domestic and international transactions. The firm provides legal advice to a range of industry sectors and has a particular expertise in banking, capital markets, M&A and projects.

Highlights 

The firm advised International Islamic Trade Finance Corporation on the $200 million Murabaha financing provided to Türk Eximbank.

In debt capital markets, the firm advised Istanbul Metropolitan Municipality on its $715 million municipal green bond issuance, being the first of its kind in Türkiye.

The firm advised Ammann on its acquisition of 30% shares in Ammann Makina and acquisition of 100% stake in Teknomak Imalat.

Key clients  

EIB, Industrial and Commercial Bank of China, İstanbul Metropolitan Municipality, Morgan Stanley and Taiwan Cement.

Testimonials

"Their work ethics and professionalism especially stand out - their responses are quick, knowledgeable about the law and real practice, and friendly. They are a pleasure to work with." (M&A Client)

"Herguner Bilgen Ucer Law Firm has an expertise on M&A projects. They carried out professionally all procedure." (M&A Client)

"Their capacity to duly finalize time-sensitive matters. Also, they are one of the few law firms involved in projects similar to ours, which enables them to provide to-the-point answers." (Project Development Client)

Inal Law Office is a boutique law firm, with a fast-moving flexible team of 10 lawyers, led by Seyma Inal. Seyma Inal established the firm in 1993.

Focusses / specialisms

The firm works for international and local clients, advising in all manner of financial and corporate queries.

Research period review: 33rd edition (2023/2024) 

During the research cycle, the firm provided banking advice to borrowers for financings and debt restructuring.

KECO Legal is an Istanbul-based independent law firm based in Istanbul established in 2019. and supports its clients in all key areas of law. The firm provides legal services with a client-oriented perspective and provides legal solutions from an effective and commercial point of view. The deal team is made up of prominent young and vibrant legal practitioners who are expert in their respective practice with specialty in solving complex legal issues. The firm is known for its practice in banking and M&A.

​ Highlights

The firm advised Frantic Games and its founders on its $2.4million investment round and advised Erguvan and its founders on its $733,000 seed investment round.

The firm also advised Inavitas Enerji on the $12.5 million acquisition of 30% share capital by Alfasolar Teknoloji and advised RubiBrands on its acquisition of a majority stake in Khakma.

Key clients  

Aras Kargo, Inavitas, Intera, OYAK and RubiBrands.

Testimonials

"KECO Legal is our go-to law firm as they integrate very well with our internal teams, they understand and know our business well and provide commercially oriented and practical advice." (M&A Client)

"They are a very dedicated and knowledgeable team. They made themselves available for the very fast transaction." (M&A Client)

"KECO Legal has been very supportive of us and purely coming up with constructive and problem-solving approach. Their dedication, speed and responsiveness were fabulous." (Private Equity Client)

Kilinc Law & Consulting is a Turkish law firm established in 2014. The firm has its headquarters in Istanbul from where it provides legal advice to domestic and international clients. The firm has a team of Turkish qualified legal practitioners managed by Partner Habip Tas. The firm is particularly known for its work in the M&A sector where it advises clients on acquisitions and financial investments.

Highlights

The firm advised PSA-BDP Turkey Supply Chain on its acquisition of 75% stake in Alışan Lojistik Anonim Şirketi.

The firm also advised Kızılay İçecek Sanayi ve Ticaret Anonim Şirketi on its acquisition of 100% stake in DGNY Tarım ve Hayvancılık Sanayi Ticaret Anonim Şirketi.

Key clients  

BUPA ACIBADEM GROUP, BOR ŞEKER, Mersin International Port, PASHA HOLDİNG and SOCAR Turkey Company Group.

Testimonials

"The team is well knowledgeable and very responsive." (Banking Client)

“The team is well knowledgeable and very responsive.” (Banking Client) 

“They have provided the trustable independent and objective opinion timely.” (Insolvency Client) 

"They are very competent as a team. They are very successful in business follow-up." (M&A Client)

Kilinc Law & Consulting is a Turkish law firm established in 2014. The firm has its headquarters in Istanbul from where it provides legal advice to domestic and international clients. The firm has a team of Turkish qualified legal practitioners managed by Partner Habip Tas. The firm is particularly known for its work in the M&A sector where it advises clients on acquisitions and financial investments.

Highlights

The firm advised PSA-BDP Turkey Supply Chain on its acquisition of 75% stake in Alışan Lojistik Anonim Şirketi.

The firm also advised Kızılay İçecek Sanayi ve Ticaret Anonim Şirketi on its acquisition of 100% stake in DGNY Tarım ve Hayvancılık Sanayi Ticaret Anonim Şirketi.

Key clients  

BUPA ACIBADEM GROUP, BOR ŞEKER, Mersin International Port, PASHA HOLDİNG and SOCAR Turkey Company Group.

Testimonials

"The team is well knowledgeable and very responsive." (Banking Client)

"They are very competent as a team. They are very successful in business follow-up." (M&A Client)

Koç Attorneys at Law is a Turkish independent law firm headquartered in Istanbul. The firm has offices in Bodrum and Antalya. The firm advises on a broad spectrum of business law issues. The firm has a team of Turkish legal professionals with expertise in advising both local and international legal transactions. The team is led by managing partner Alper Koç. The firm is particularly known for its M&A practice where it advises mostly on financial investments.

Key clients  

Ecomercek Analiz ve Danışmanlık Hizmetleri, MBC Group - Middle East Broadcasting Center, Milvus Robotic, O3 Medya and QInvest Portföy Yönetimi.

Testimonials

"They were on time well prepared. The team is experienced and well educated." (M&A Client)

"They are incredibly personable, thorough and always happy to help." (M&A Client)

KP Law is an independent corporate law firm based in Istanbul. The firm has a dynamic team of over 55 legal professionals. The deal team is led by managing partner Onur Küçük, who has over 20 years of experience in advising on public and private mergers and acquisitions, private equity transactions and corporate restructurings. The firm is active in M&A practice area where it advises on acquisitions and financial investments.

Highlights

The firm notably advised Tatneft on its $320 million acquisition of 100% shares in Aytemiz Akaryakıt from Doğan Holding and the Aytemiz family.

The firm also advised Bupa Turkey Sağlık Hizmetleri Anonim Şİrketi on its 100% acquisition of CGM Turkey from the CGM Group.

The firm advised TEKMARMARA ENERJİ ÜRETİM ANONİM ŞİRKETİ on its 100% acquisition of Babadağ Elektrik Üretim Sanayi ve Ticaret.

Key clients  

Al Mazaya Holding, Bupa Turkey Sağlık Hizmetleri Anonim Şirketi, E20 Invesment, İş Girişim Sermayesi Yatırım Ortaklığı Fonu and Tekfen Holding Anonim Şirketi.

Testimonials

"Their legal knowledge and understanding helped us during process. In addition, they were very proactive and took the responsibility of the whole process. They assessed the risk, informed us and proposed the alternative solutions." (M&A Client)

“Follow-up and risk assessment.” - Ekin Kotan, Firm Partner 

Miran Legal is a Turkish independent law firm founded in 2017 by Mustafa Aksarayli. The firm is headquartered in Istanbul with offices in Ankara and Izmir, among others. The team consists of well-seasoned legal professionals led by Ceren Şanlı Budak. The firm advises both domestic and international clients on legal transactions and offers quality, fast and effective solutions to their clients. The Turkish team is known for its banking practice where it mainly on loan transactions.

Highlights

The firm advised Eroğlu Holding on the $50 million, $15 million and $10 million financings provided by Arab African International Bank.

Key clients  

DNM Textile San. Ve Tic and Eroğlu Holding.

Özmen Yalçın is an independent Turkish law firm based in Istanbul. The firm was founded in 2022 by partners Ömer Gökhan Özmen and Güneş Yalçın. The firm has a well-established team of Turkish qualified legal professionals with experience in advising both domestic and international clients on diverse areas of business law. The firm is known for its work in the banking, debt and equity capital markets, M&A and projects.

Highlights

The firm advised Galatasaray Gayrimenkul Yatırım ve Geliştirme Ticaret (as borrower), Galatasaray Sportif Sınai ve Ticari Yatırımlar and Galatasaray Sport Club among others (as guarantor) on the $57.5 million financing provided by Ziraat Bankası and Denizbank for acquisition of real estate.

In M&A the firm recently advised Hepsi Emlak and its shareholder on its $15.9 million acquisition of 100% of Zingat.

Key clients  

Alfa Solar Enerji Sanayi ve Ticaret, Biotrend Çevre ve Enerji Yatırımları, Doğan Şirketler Grubu Holding, Goldman Sachs and Türk Eximbank.

Testimonials

"They are easy to reach, responsive, informative and quick." (Banking Client)

"They are very good. Their knowledge and experience are very high. They are very reactive." (Equity Capital Markets Client)

“Highly responsive, productive, diligent, fast and innovative.” (Equity Capital Markets Client) 

"Knowledge and experience on this subject." (M&A Client)

"They have very professional team." (Project Finance Client)

Paksoy is a leading independent Turkish law firm founded in 1997 by Serdar Paksoy, who is also the managing partner of the firm. The firm has its offices in Istanbul with over 100 professionals providing legal advice to both local and international clients on diverse areas of law. Worthy of mention are partners Elvan Aziz, Ömer Çollak and Sera Somay, who have stellar reputation in the market. The firm has leading capabilities in Türkiye achieving top-tier status across all ranked practice areas.

Highlights

The firm advised Turkish Ministry of Treasury and Finance on its $2.5 billion sukuk issuance.

In banking, the firm advised European Bank for Reconstruction and Development on the $212.7 million financing provided to Ford Otosan.

In M&A, the firm advised Doğan Holding and Aytemiz Family on the $336 million acquisition of entire share capital of Aytemiz by Tatneft.

Key clients  

Borusan Holding, EBRD, Migros, Republic of Türkiye and Ziraat Katılım.

Testimonials

"They are very knowledgeable and responsive. They know the Turkish domestic market and were able to provide us with very useful advice. They recognise sensitivity to timelines and were always prompt in their feedback." (Banking Client)

"It was a difficult transaction where expertise was needed in capital markets, merger control, FDI and IP. Paksoy excelled in all disciplines, was very responsive and worked with great attention to detail and provided economically sensible and pragmatic solutions. They were also very easy to work with." (M&A Client)

"They are very knowledgeable and experienced but also responsive and give practical and commercial advice." (Project Finance Client)

Pekin & Pekin is a full-service Turkish law firm founded in 1971 by senior partner Ahmed Pekin.  The firm has its offices in Istanbul and is a member firm of Lex Mundi. The firm provides integrated legal services to both domestic and international clients on legal transactions. The firm has a team of prominent Turkish lawyers led by managing partner Fethi Pekin. The firm has a strong capacity in advising on a wide range of legal practice areas including banking, debt and equity capital markets and M&A.

Highlights

The firm advised Citigroup Global Markets, Goldman Sachs International and Standard Chartered Bank (as Underwriters) on the $2.75 billion Eurobond issuance by the Republic of Türkiye.

The firm also advised Banco Bilbao Vizcaya Argentaria, Citigroup Global Markets, Goldman Sachs International and Morgan Stanley & Co (as Underwriters) on the $3 billion Eurobond issuance by the Republic of Türkiye.

In M&A the firm acted as local counsel to Solenis on its $4.6 billion acquisition of Diversey Holdings.

Key clients  

Citigroup Global Markets Inc, Goldman Sachs International, J P Morgan Securities, Morgan Stanley & Co International and Société Générale.

Testimonials

"They are responsive, knowledgeable and flexible. It is sometimes difficult working with teams across offices on a tight timeline but work with Pekin & Pekin is generally quite seamless. They are also just very pleasant to work with." (Debt Capital Markets Client)

“Very responsive, kind and flexible with regards to timing.” - Göze Yıldırım, Firm Partner 

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 Ascential on the $899 million acquisition of WGSN by Apax Partners.

The firm also advised BV Crypto on its joint venture with Waves Tech.

Key clients  

Ascential, BV Crypto, Boğaziçi Ventures, Lycian Capital and Tacirler Gelecek Etki Venture Capital.

Testimonials

"They are highly experienced at all levels and a very hard-working and thorough team. They look at matters from a broad perspective and can offer top quality service. Their strength is that they provide always accurate and helpful advice with excellent execution. They are detailed and pragmatic at the same time." (Equity Capital Markets Clients)

"This firm is famous for technology finance work in Turkey. They work on a lot of projects. Our structure is very complex. They were able to handle everything well. They have many lawyers who work together for us. They assign different people to different tasks. These lawyers work well with us and together. They are fast and accurate." (M&A Client)

"Very positive overall experience. They know how to deal with and negotiate construction finance agreements. They understand how construction projects work. Much easier process than other firms we worked with. We received adequate partner and associate attention as needed." (Project Finance Client)

“Excellent Listener; Quick grasp of business issues; Excellent creativity in developing solutions; Meeting tight deadlines; and High attention to details.” - Kerem Turunç, Firm Partner 
 
“Kerem Turunc is an excellent lawyer. He is a thought leader on an international scale thanks to his American background. He stands out with deep international legal knowledge and global view on critical issues. This enables him to provide spot-on solutions that are not copy and paste. Also, outstanding negotiation skills with a very positive attitude. He has impressive leadership skills and created an extraordinary integrated team that works across disciplines, industries, and time zones. He knows market practices in both the UK, US and Turkey very well and has a remarkable understanding of the issues. He is hands-on, always available and present.” - Kerem Turunç, Firm Partner 

“Kerem Turunç is truly an exceptional individual. He has a unique background that puts him above his peers. He is unrivalled with his commercial understanding, legal know-how and international background. As a fund with international investors, Kerem is a lifesaver. He is result-oriented, puts the dynamics of a specific transaction into context regardless of where the parties come from and is always able to provide spot-on solutions. He has deep knowledge of legislation in Turkey, but he is US-trained and has significant experience in the UK too. This allows him a wide perspective on banking, finance and capital markets. He is very communicative, client-focused and solution-oriented. He is also the most tech-savvy individual I have ever worked with.” - Kerem Turunç, Firm Partner

“Kerem Turunç has great leadership skills. Steps in exactly when needed.” - Kerem Turunç, Firm Partner

“Our primary contact for bank regulatory, fintech and M&A-related matters. His understanding of technology and international trends is amazing. The fact that he’s qualified in New York and England is very helpful. When we deal with U.S. or English law questions, we don’t have to go elsewhere to find an expert.” - Kerem Turunç, Firm Partner

“Our initial call always goes to Noyan Turunc. He then leads his team to results. His advice is always solution-oriented and pragmatic. His leadership is what also sets him apart. He is a great leader. He’s the one who designed this firm and the reason we originally engaged them. He manages his team extremely efficiently.” - Noyan Turunç, Firm Partner 

“Noyan Turunç understands the commercial issues underlying the transaction right away and sets just the right strategy. His advice is always solution-oriented and pragmatic. He commands his team very diligently.” - Noyan Turunç, Firm Partner 

“Spectacular lawyer. He is a tech M&A pioneer in Turkey.” - Noyan Turunç, Firm Partner 

“Oversees the entire team and transaction extremely efficiently. He stands out with his experience and excellent understanding of commercial considerations.” - Noyan Turunç, Firm Partner 

AECO – Atayılmaz Enkür Çetinkaya Öner is a Turkish law firm based in Istanbul.

Focusses / specialisms 

The firm has a focus on corporate and M&A. The firm has expertise in the energy and natural resources sector. The firm also has experience in cross-border transactions.

Akol Law is a full-service firm based in Istanbul. It employs 20 lawyers, including four partners.

Focusses / specialisms

The banking practice advises banks and corporate clients in syndicated loans, secured financing and debt restructuring. The team advises both borrowers and lenders in complex cross border deals.

It has a well-recognized M&A group, advising on large cross border transactions. It advises both buyers and sellers. 

In equity capital markets the firm is highly active, working on a large number of IPO’s. Debt capital works sees the firm involved in many Eurobond issues, as well as covered bonds and structured financing.

Projects work includes project development and finance, where on the development side the firm is involved in many of the jurisdiction’s healthcare PPP’s, energy and infrastructure projects. In terms of project finance, the team tends to work on the lender side for banks and financial institutions.

Key clients

Among the clients of the firm are Actera Group, Aygün Cerrahi Aletler, Ekol Ofset, Elekta Solutions, Global Yatırım Holding and Human Care.

Client feedback: 32nd edition (2022/2023)

M&A

"Kindness, calmness"

"Very competent team, including Tugce Tatari, partner and lead on our project, one of the very best M&A lawyers I have ever worked with."

Bener Law Office

Established in 2001, Bener Law Office is a full-service firm, based in Istanbul. It employs 32 lawyers, including 15 partners, and is part of several legal networks, including Interlex Group and Globalaw.

Focusses / specialisms

The banking offering at the firm sees the firm advises borrowers on cross-border loans.

The firm is notable for its strengths in M&A, where it advises important clients form a wide range of industries. It has a particular focus on the oil and gas sector.

Key clients

Among the clients of the firm are OMV, Abdi Ibrahim, Sequoia Capital, Tiger, Ejder Kimya, Bahar Ülgen Hasşerbetçi and Esor Investments Holding.

Client feedback: 32nd edition (2022/2023)

M&A

"Very well handled the whole process."

"They provide very detailed and meticulous work with the support of valuable and experienced law professors"

Bezen & Partners was found in 2007. Its headquarters are located in Istanbul and the firm has additional offices in Mersin and Ankara.

Focusses / specialisms

Bezen & Partners focuses on project finance and development work but is also active in the banking, capital markets and M&A areas.

In banking, the firm acts for borrowers and lenders on refinancing, project financing, corporate financing and loans matters.

In capital markets work the firm mainly advises underwriters on bond issues in the debt side and on IPO’s in the equity side.

The M&A team works in sectors like healthcare, oil and gas, energy, consumer goods, infrastructure, financial services and mining. The firm advises joint venture partners, acquirers and sellers. 

In project development the firm represents sponsors, contractors, developers and project companies on energy, infrastructure and oil and gas and PPP projects in healthcare.

Key clients

Among the clients of the firm are European Bank for Reconstruction and Development, Akfen Holding, Akkuyu NGS Elektrik Üretim, Rönesans Holding, Meridiam, BRS Sağlık Yatırım Anonim Şirketi, Steag, Solarpower Elektrik Üretim Anonim Şirketi, Hitachi Zosen Inova, PNE Wind and Public Power Corporation.

Client feedback: 32nd edition (2022/2023)

M&A

"They provide very detailed and meticulous work with the support of valuable and experienced law professors."

Project development : Energy

"No language barrier."

Boden Law Office

Based in Istanbul, Boden Law provides representation in energy, natural resources and infrastructure projects. It was founded in 2008 and is based out of its Istanbul office.

Focusses / specialisms

The firm is active in project development and project finance and M&A, working predominantly in the energy sector. It is also active in the mining and infrastructure.

Key clients

Among the clients of the firm are Gunvor, Aksa Enerji Üretim, Talesun Solar Switzerland, Kolin İnşaat ve Turizm Sanayi ve Ticaret, Steag and OSET, Güçlü Group, Talesun Solar Switzerland, Duckt, Sms Group Metalurji Servis Sanayi ve Ticaret, Aksa Enerji Üretim, Tosyalı Toyo Çelik, APlus Enerji Yatırım Danışmanlık Teknoloji ve Ticaret, Tosyalı Holding, Sanko Enerji Sanayi ve Ticaret and Engie Enerji Ticaret ve Pazarlama and Baymina Enerji.

Client feedback: 32nd edition (2022/2023)

M&A

"Boden Law's managing partner Değer Boden has a unique expertise proves to be invaluable. She gives personal attention to her clients and directs her team in this regard. Değer Boden and her team's first-class work and professionalism make this firm stand out from the other firms. Değer Boden personally attended and guided her team in the key meetings and negotiations. Her team provided unique solutions to the problems during our projects and works with them."

Based in Istanbul, full-service law firm, Bozoğlu İzgi Attorney Partnership, was founded in 2013.

Focusses/specialisms

The firm is known for its M&A and project development work with a particular focus in the energy sector. The firm represents clients in a matter of sectors including pharmaceuticals, energy, and mining.

Key clients

The firm has working relationships with clients such as Merck, AbbVie, Nivea Beiersdorf Turkey, Herbalife Nutrition, LR Health and Beauty, Bayer, FarmaMondo, Excelya Turkey, Bausch and Lomb, Astellas, Santa Farma, Alternatif Enerji and MS Pharma.

Research period review: 32nd edition (2022/2023)  

During the research period, the firm advised in energy project development deals.

Client feedback: 32nd edition (2022/2023)

Banking and finance                                                                                     

"Supportive and meticulous."

Financial services regulatory                                                                                               

"They work with lawyers who are experts in their field. Feedback and communication is very good. They are result oriented and detail oriented."

M&A                                                                                       

"Client and detail oriented. Very knowledgeable in corporate law. They provide a premium service."

"Practical and client oriented."

"They had been leading us well regarding competition rules as well as commercial regulations."

Private equity                                                                                    

"BozogluIzgi Attorney is really responsive and thorough; they are very clear with their assessments and always happy to help with our questions. They have aided us on several corporate matters."

Project development: Energy                                               

"First of all, they have a very dynamic team, they are very experienced in the energy sector and their ability to take action very quickly are the three most important characteristics of the company."

"Their business-minded approach is the most add-value aspect in an M&A process. They have a very good understanding of where our interest really stands. We also appreciate their diligent working style and good command of our legal issues."

Necdet Can Artüz      

"He is generally well versed in the subject. He's a good leader. Very good at coordination. Expert in direct selling. Very good in commercial dispute processes."

"Expert in his field. High communication skills. Evaluation and predictions are on point."

Sevi Bozoğlu

"Practical and client oriented."

Feridun Izgi   

"Always accessible, very proficient in his expertise, high problem-solving skills."

Mehmet Feridun Izgi 

"Always accessible, very proficient in his expertise, high problem-solving skills."

"Commercial-minded lawyer while sticking to ethics of law perfectly. He is very good on competition rules and regulations as well as M&A structurings."

"First of all, he has very strong communication skills and manages the process in a very transparent way."

"Feridun has a client-oriented approach and a very good understanding of what are our business needs. He is a hands-on partner and always follows closely what his team is doing regarding our projects. In addition, his selection of team members assigned our projects has always provided us with positive results."

Fatma Kucuktuncay  

"Very supportive."

"She is very responsive and is always willing to help on our queries."

Çakmak

Established in 1993, Çakmak Attorney Partnership is a full-service firm, based in Ankara and Istanbul. It employs 27 lawyers, including eight partners.

Focusses / specialisms

The standout practice of the firm is project finance and development, with a particular focus on power.

The banking practice often represents lender as well as borrowers and sponsors in project finance transactions.

M&A advises mostly in energy and infrastructure and spans other sectors like telecommunications, healthcare and finance. Advice is given to both buyers and sellers, with a focus on strategic investors.

Key clients

Among the clients of the firm are Bank Julius Baer, Bayerische Landesbank, Ceska Exportni Banka, Assystem, Bluecap Resources, ENGIE, Tatneft Oil, Rönesans and Sonatrach Joint Venture, Rönesans Holding, ERG Group, Turkey Wealth Fund and European Bank for Reconstruction and Development.

Client feedback: 32nd edition (2022/2023)

Project finance

"Very constructive and up to date approach."

Project development : Energy

"They are very responsive, diligent, and make you feel comfortable when you are working with them."

Türkoğlu & Çelepçi in cooperation with Schoenherr is an association between a leading Austrian firm and a Turkish firm. The domestic firm was founded in Istanbul in 2005 and has worked in cooperation with Schoenherr since 2009. The firm employs 20 lawyers, including one partner in Istanbul. Established in Vienna in 1950, Schoenherr has a European network that includes offices in 15 jurisdictions.

Focusses / specialisms

The firm’s core focus in corporate and M&A work, particularly advising foreign clients in their dealings in Turkey.

Key clients

Among the clients of the firm are MT Holding, MT Group Companies-Maxicells İlaç Sanayi Anonim Şirketi, Leoni Group and Lallemand.

Client feedback: 32nd edition (2022/2023)

M&A

“Always available, on the spot advice, pragmatic approach, good industry knowledge.”

Çukur & Partners is a corporate law firm established in 1993 and has offices in Izmir, Istanbul, Ankara and Adana.

Focusses / specialisms

The firm advises clients on equity capital markets, and corporate and M&A.

Key clients

Among the clients of the firm are Europap Tezol Kagit and LUNA.

Client feedback: 32nd edition (2022/2023)

Capital markets : Equity

"During the time we received consultancy services from him, Attorney Ümit Yayla, who is a consultant to Çukur & Partners at the same time, has been a guide with the answers he gave in his field of expertise. With his correct guidance, GEN was able to complete both the initial public offering process and the compliance process required for the electronic general assembly in a short time."

M&A

"With lawyers experienced in the business world, they have advanced skills in analyzing company needs and suggesting solutions. Reachable and relevant for clients, at the same time competent in legislation and successful in litigation."

Durukan+Partners

Established in 2017 Durukan+Partners is a full-service firm based in Istanbul, where it employs 14 lawyers including two partners. It is part of the First Law International Network.

Focusses / specialisms

Despite the firm’s recent establishment, it has a good offering for the size and age of the firm. It is active across financial and corporate law, advising local and international companies in banking and finance, M&A and project development mandates.

On the lender side, the firm primarily represents foreign banks, while borrower side transactions tend to be focused on Turkish companies with multinational shareholdings.

Project development has an expertise in cross border power and infrastructure deals.

Key clients

Among the clients of the firm are Alimentation Couche-Tard, Letterone Group and IMTIS Holdings, Scott Brownrigg and GMW Architects Partnership, China Development Bank, Arab Bank, European Arab Bank, Emaar Libadiye, Emaar Properties, IMTIS Holdings, Letterone Group, Qatalyst Partners, International Finance Corporation, Gebze, Adapazari and Izmir Power Project Companies and Ansaldo Energia.

Client feedback: 32nd edition (2022/2023)

M&A

"Durukan + Partners provides excellent, timely and practical advice."

Restructuring

"Durukan + Partners have provided good assistance and demonstrated realistic commercial solutions and understanding of our business. Advice is well researched and documented."

Established in 1968, Egemenoğlu is based in Istanbul, where it employs over 50 lawyers, including five partners.

Focusses / specialisms

The firm works well across financial and corporate law, with a particular focus on debt restructuring.

M&A and corporate work includes experience in mergers, de-mergers and investments. The team works in cross-border M&A and primarily assists clients on the buy side.

Key clients

Among the clients of the firm are Escar Turizm Taşımacılık Ticaret, Burcu Gıda Konservecilik ve Salça Sanayi, Delivers AI Robotik Otonom Sürüş Bilgi Teknolojileri, Derindere Fleet and Uludağ Türk.

Client feedback: 32nd edition (2022/2023)

Capital markets : Equity

"The experienced team of Egemenoglu managed to set the whole process and systematically worked towards the transaction until it was accomplished. Especially the ability interact effectively with authorities and to comprehend and respond rapidly th eneeds of authorities accelerated the process."

M&A

" Well aware of the relevant laws, advising to protect client's interests and rights, warning client about the negative aspects of the agreements."

Established in 1990, Erdem & Erdem is an independent, full-service firm which includes four international desks.

Focusses / specialisms

The firm works across all transactional practice areas, with a focus on banking and finance work, capital markets, M&A and project development, particularly in infrastructure.

Key clients

Some of the firm's key clients include holding companies, such as Yildrium Holding, who specalises in infrastructure and energy projects. The firm has also advised multiple Turkish banks, such as Türkiye Garanti Bankası, Akbank, Deutsche Bank and HSBC.

Research period review: 33rd edition (2023/2024) 

In terms of banking work, the firm was active in banking, project finance, cross border loans, syndicated financing's and loan restructurings.

The capital markets team assisted bank regarding capital markets legislation.

The M&A team assisted on mergers, multi-jurisdictional acquisitions, and drafting share-purchase agreements.

Project development work included work on PPP’s and regulatory advice in industries like renewable energy, oil and gas and infrastructure.

Deal highlights: 33rd edition (2023/2024) 

QNB Finansbank restructuring

Qazaq Soda €400 million project development

Established in 2016, Ergün Law Firm has offices in Istanbul and Ankara, where it employs nine lawyers, including three partners.

Focusses / specialisms

The firm is active in banking, particularly in financing energy and infrastructure projects. It represents international and local banks.

The M&A team assists clients in distressed M&A, as well as project acquisitions. 

Key clients

Among the clients of the firm are ISS Global and ISS Tesis Yönetim Hizmetleri, Türkiye Kalkınma Ve Yatırım Bankası Anonim Şirketi and Economic Cooperation Organization Trade and Development Bank.

Client feedback: 32nd edition (2022/2023)

Project finance

"The company has a very experienced team in project finance transactions. They are very punctual and always solution-oriented."

Restructuring

"They are the expert of Turkish Law but not also Turkish law- they very well know the requirement/compliance/contradicts related to foreign law especially in terms of project finance and banking law."

Established in 1997, Esin Attorney Partnership is affiliated with Baker Mckenzie International, representing the firm in Turkey. It is based in Istanbul employing over 90 lawyers including 14 partners.

Focusses / specialisms                                                                                                                                       

As one of the strongest firms in turkey, it is active in all areas of financial and corporate law. It is a market leader in banking, capital markets and M&A.

Banking is a prominent area for the firm, where it advises large, international clients, as well as local institutions, as borrowers and lenders, in acquisition finance, securitization, Islamic finance, loans and credit facilities.

The capital markets department is active in debt and equity markets, advising representing underwriters in Eurobond issues and green bonds. The team also advises clients in IPO’s and secondary offerings.

M&A work is a standout area for the firm, working on innovative deals for the jurisdiction on both buyer and sale side transactions.

The projects department is active in fiancé and development, representing sponsors and project companies. Work includes cross-border financing and PPP’s.

Key clients

The firm worked for banks like JP Morgan, Akbank and BNP Paribas. It advised Turkish conglomerate Koc Holding, ICT ICTA and Enerjisa Group.

Client feedback: 31st edition (2020/2021)

Bank lending: Borrower side

"They give 24 hours, 7 days service whenever needed. Their approach and attitude are very professional and kind."

Bank lending: Lender side

"They guide well without leaving any room for questioning further."

Banking and finance

"We are working with Muhsin Keskin as the head of the banking & finance team of Esin Attorney Partnership. He has a deep knowledge of banking and finance law-related matters. He has the ability to address complex situations and explore new structures. Also, while making necessary assessment to find legal solutions, he considers business needs as well. He is a really client-friendly, always accessible, hard-working, professional and disciplined legal adviser with a good attitude. He leads the banking & finance team of the law firm and the team members we are in contact with also display the similar attitudes to Mr Keskin."

Capital markets

"They are extremely up to date about the legislation and procedures. They are well organised, punctual in meeting the deadlines and easy to work with."

Capital markets: Debt

Experienced, knowledgeable, collaborative, accessible."

"They were easy to communicate with; gave clear, accurate information and opinions; were ready to discuss questions or give alternatives; facilitated decision-making; facilitated our contact with London when needed."

M&A

"Very responsive, solution-oriented, great characters to work with, very high integrity and professionalism."

"Very well versed in Turkish corporate law. Very good at analysing and managing interdependencies between corporate, stock listing and anti-trust law."

Project development

"They are quick and make to-the-point comments. They have expertise and good knowledge about the implementations in the sector."

Project finance

"Positive and supportive attitude, diligent work."

Gedik & Eraksoy is a top tier firm in the banking and project finance areas. The firm works in association with international firm Allen & Overy. It is based out of its Istanbul office in Şişli.

Focusses / specialisms

In banking the firm advises lenders and borrowers on loans, refinancing, syndicated loans, project financing, bridge financing and debt restructuring deals. The firm stands out for work on innovative ESG-linked loans.

Key clients

Among the clients of the firm are Tukiye Is Bankasi, Garanti Bank, Citigroup Global Markets Asia, Yapi ve Kredi Bankasi, EBRD and Garanti Bank, International Finance Corporation, Bank of New York Mellon, JPMorgan Securities, UniCredit Bank, Standard Chartered Bank, Merrill Lynch International, Citigroup Global Markets, Aviva Group Holdings, Aegon, Hive Enerji and Prysmian.

Client feedback: 32nd edition (2022/2023)

M&A

"Extremely thorough, flexible, and knowledgeable."

Project finance

"They are well aware of details in not just of a project we are working with, but also other similar PPP projects in the market. So, their views are not solely based on legal perspective, but they also take into account applicability/realistic aspects. They are proactive and they always try to find solutions and/or common grounds etc."

Gide Loyrette Nouel is a corporate law firm with an office in Istanbul for more than 20 years. It’s part of the international law firm Gide Loyrette Nouel which today has more than 500 lawyers spread across 11 offices.

Focusses / specialisms

The firm is active in banking and finance and corporate and M&A.

Key clients

Among the clients of the firm are Türkiye Sigorgota, The Export-Import Bank of China, Société Générale, Union Bancaire Privée, Euler Hermes, Carel Industries, Believe International and Webhelp.

Established in 1996, Güner Law Office operates out of its Istanbul office and a smaller office in Ankara.

Focusses / specialisms

The firm is known for its banking and finance work, as well as its M&A and project development practices. Its banking practice advises lenders and borrowers in loans and trade financing and is also active in project finance.

Key clients

Among the clients of the firm are Limak Çimento Sanayi ve Ticaret and Limak İnşaat, Öksüt Madencilik Sanayi ve Ticaret, Egis Tünel İşletmeciliği, Ferro Corporation, Huhtamäki Holding, Syneos Health and Öksüt Madencilik Sanayi ve Ticaret.

Client feedback: 32nd edition (2022/2023)

Project development : Mining

"Reactive."

PPP/PFI

"Prompt feedback. Proactive approach. Strong background."

Founded in 2011, İçtem Legal is a full-service firm with an office in Istanbul. It is a member of InterLeges a legal alliance with global connections.

Focusses / specialisms

The firm is recognized for its work in banking and M&A.

Banking work includes advice to borrowers and lenders in local and cross-border financing.

Key clients

Notable clients for the firm include Credit Suisse, European Bank of Reconstruction and Development, Turbomach. It also assists Turkish subsidiaries Volvo Financial Services and Danone Group Companies.

Client feedback: 31st edition (2020/2021)

M&A

"Strategic thinking, diligence, responsiveness, execution."

İnal Ünver Attorney Partnership, formerly Inal Kama Avukatlik until October 2020, and prior to that Bilgiҫ Avukatlık Ortaklığı in 2019, is an Istanbul based law firm. It had been the partner firm of global firm Norton Rose Fulbright up until September 2021.

Focusses / specialisms

The banking team is well regarded, advising clients on cross-border financing, loan restructuring and loan issues, as well as Islamic finance.

The M&A team advises on cross border deals. Stand out sector strengths include fintech, green finance and technology.

Key clients

Key clients for the firm include conglomerates like Koç Holding and its subsidiaries Avis Greece, AES Entek and Migors. Other clients include, Sandstorm Gold and Brookfield.

Client feedback: 31st edition (2020/2021)

Bank lending: Borrower side

"They are well equipped and have significant experience in this type of project and therefore are able to provide timely and valuable advice."

Based in Istanbul, Kolcuoğlu Demirkan Koçaklı is a full-service firm founded in 2007, that employs approximately 80 lawyers, including eight partners. It is part of several legal associations including South East Europe Legal Group, Energy Law Group and Cathay Associates, to name a few.

Focusses / specialisms

The firm has a notable financial and corporate offering, advising in banking, capital markets and projects. The firm is particularly well known for its Islamic financing and M&A work.

The banking team is very capable, advising clients on complex loan agreements, refinancing deals and project finance.  A notable area of work for the firm is Islamic finance, where it has experience introducing new products to the market. 

The firm known for its M&A practice, where it assists on cross-border deals for local and international clients. It advises buyers and sellers on strategic and private equity acquisitions. 

Projects work stands out of its energy and infrastructure departments. The energy team advises on power, natural gas, renewables and nuclear energy projects. The infrastructure team has good experience with PPP projects, in particular infrastructure related to energy projects.

Key clients

Among the clients of the firm are ORIX, QTerminals, Aquaman and Murat Can Ertöz, Blutv, Ema Kimya, Glencore and TPI Composites.

Client feedback: 32nd edition (2022/2023)

Financial services regulatory

"They are knowledgeable efficient and very responsive."

Private equity

"Well-organized, trustworthy, has a very strong partner in deals on the table, detail-oriented, strategic thinking."

Moral | Kınıkoğlu | Pamukkale Attorney Partnership is a full-service independent Turkish law firm whose history could be traced back to 1968. The firm used to be known as "Moral & Partners" until recently when it rebranded. The firm has offices in Istanbul and Izmir and has a team of about 70 professionals. The team of legal professionals is led by managing partner Vefa Reşat  Moral. The firm is active in M&A where it advises on acquisitions and financial investments.

Highlights

The firm advised Koç Holding and shareholders of the Tat Gıda Sanayi Anonim Şirketi on the $80.9 million acquisition of 49.09% of the shares in Tat Gıda Sanayi Anonim Şirketi.

The firm also advised Cüneyt Ersin, Gediz Ersin, Abdullah Selahattin Tosuner and Yonca Tosuner on the acquisition of 100% of shares in Univera Bilgisayar Sistemleri Sanayi ve Ticaret Anonim Şirketi and Univis Bilişim Destek Hizmetleri Sanayi ve Ticaret to Türk Elektronik Para Anonim Şirketi.

Key clients  

Alkima Girişim Sermayesi, Kimteks, Koç Holding -Tat Gıda, TFI TAB Gıda Sanayi ve Ticaret Anonim Şirketi and Univera.

Testimonials

"Moral acted as an integral part of the overall process rather than only a lawyer. They were always responsive, on time and on top of details with a solution-oriented mindset." (M&A Client)

“She was always accessible with solutions and positive attitude. she was on top of her team and details.” - Serra Haviyo – Firm Partner 

Özbek Attorney Partnership was founded in 1972 and is based in Istanbul.

Focusses / specialisms

The firm is known for its M&A work and it is also recognised in the capital markets area.

The firm advises buyers and sellers in M&A transactions including joint ventures and cross-border M&A. Sector wise, the firm is experienced in working in food & beverage, energy, fintech and technology.

Key clients

Notable clients for the firm include Simona, Affinion, Intelcia group, Sanko Holding and Ferrero.

Client feedback: 31st edition (2020/2021)

M&A

"Besides their utmost legal competence, their language skills and being accessible round the clock (due to time zone differences) are very important, since we do a lot of international work."

"Disciplined and thorough in their work - right level of attention to detail, without getting lost in the big picture - friendly, personable to work with."

"They approach the deal from a risk/value perspective and bring their expertise to the table in a manner for the business to easily understand and relate to. They are knowledgeable, punctual and always attending the client's needs."

Özdirekcan Dündar Şenocak was founded around 25 years ago. It is based in Istanbul and is a full-service law firm.

Focusses / specialisms

The firm’s biggest strength is its M&A practice area. The firm is also active in banking and project finance.

Key clients

Key clients for the firm include BNP Paribas, EBRD, International Finance Corporation and Société Générale Milano.

Özok is a boutique firm established in 2019 by Özgün Özok.

Focusses / specialisms 

The firm has a focus on banking and finance, debt and equity capital markets and M&A. The firm is also particularly active in Islamic finance. Key areas of work for the firm come from the energy, power and real estate sectors.

Key clients

Among the clients of the firm are Emirates Islamic Bank, Gülsan Sentetik Dokuma Sanayi ve Ticaret, Gülsan Holding, Gülpa Pazarlama ve Dış Ticaret and Halk Varlık Kiralama.

Client feedback: 32nd edition (2022/2023)

Financial restructuring

"They are very quick in responding and always try to find a solution for problems."

Pekin & Bayar is one of Turkey's oldest law firms, established in 1946. It has offices spread across Turkey – in Istanbul, Izmir, Ankara and Adana, with 11 partners and 70 lawyers total, making it one of Turkey's largest firms.

Focusses / specialisms

It is a full-service firm, with experience serving both international and local clients, across industries. The firm has a particular expertise in corporate M&A and refinancing transactions, but has also advised in capital markets work.

Key clients

Some of the firm's clientele includes Unifree Duty Free, the British bank RBS and the Czech conglomerate CEZ, as well as Japan’s Nippon Paint.

Research period review: 31st edition (2020/2021)

The banking team assisted lenders in drafting agreements, refinancing, restructuring and project financing agreements.

The capital markets department assisted book runners and agents in a variety of industries, in capital markets work. In addition, the team represented controlling shareholders in the IPO of Arzum.  

In terms of M&A work the team at the firm represented buyers and sellers in joint ventures, share acquisitions.

Deal highlights: 31st edition (2020/2021)

Arzum IPO

Project Zen

Client feedback: 31st edition (2020/2021)

M&A

“During unprecedented times of the pandemic, they have done their outmost to negotiate between partners on a virtual setting and were of highest ethical lead in the process.”

“Prompt actions, keeping dead-lines, professional, providing estimates / fixed prices as required, good project management and assistance.”

“Very competent and friendly, good response times.”

Ergin Mizrahi

“He is very business-focused and strong in helping in difficult litigation and dispute resolution issues: He can easily understand client needs and provide effective legal options. Overall, he is very attentive and efficient.”

Ferhat Pekin

“He is very client-focused, has depth knowledge in corporate law and can provide creative solutions.”

Senem Golge

“Extremely efficient and service minded. On top of matters from over all perspectives and down to details. A pleasure to work with and a very good help in long-term projects with her assistance to the project manager, not only on the legal side but also for her administration and for moving projects forward.”

Selin Bayar

“Selin's relentless approach to problem solving, ethical view and her knowledge in the clients' need is impeccable.”

Sayin Law & Consulting is a full-service law firm based in Istanbul.

Focusses / specialisms 

The firm has a focus on project development and actively serves clients in the oil and gas sector. The firm assist clients in buying-selling, trade and contracts and restructuring projects

Key clients

Key clients of the firm include SOCAR, TP Petrol Dağıtı, Total Oil, Milan Petrol Dağıtım and Itelligence Bilgi Sistemleri.

Client Feedback: 31st edition (2020/2021)

Asset finance

"Have been in the business for 55 years."

Investment funds

"Updates about energy market regulations."

M&A

"Sayin Law has strength across all key pillars of law of contracts besides energy law. As a law firm that has strength across country, they provided us with consultancy during our overseas purchases and all related contractual relations. The firm's contract law expertise is equally comprehensive as their energy law expertise. As a law firm, they are well experienced in petrochemical issues and they helped in most practical ways that allowed us to comply with the local legislations and regulations of Turkey. As a German-Turkish owned company, local and international experience is crucial for us. Diversity is what brings Sayin Law to the fore. With their deep bench that has strength across country, they can provide legal service everywhere in Turkey. They are strengthening their collaboration every day and that team spirit reflects credit on their work. Keeping this spirit is important especially while growing. "

Project development: Energy

"Sayin Law & Consulting has a team which has lots of skill sets such as analytical and creative thinking. Although it is hard to get easy-scannable reports and informative annotations while doing such business, they do a good job to deliver the work ideally. It is important to reach quick annotations and answers from our affairs while doing such important work in the oil & gas industry. In this sense, because the young associates of Sayin Law & Consulting are quick-thinkers and ambitious, they have a collaborative and coherent team to deliver immediate delivery. The most important innovative feature that distinguishes Sayin Law & Consulting from other law firms is risk calculation techniques. Especially for our company, it is important to be able to anticipate the negative effects of legal cases. Sayin Law & Consulting makes a significant contribution to our company's ability to see financial risks by making risk analyses as close to the possible outcome in terms of each lawsuit. "

"Sayin law firm works very professionally - our corporation has been working with this team since the beginning of 2020 and we are pleased about their working style. The lawyers are solution-oriented. As a lawyer, I am very strict with my work discipline and with the Sayin Law & Consulting, I work with the lawyers who have the same work discipline as me. In case of a crisis, when I communicate with them I always get quick feedback. I always trust their solutions because they perform deep work in each case. "

"They are always very direct, honest and informative in their approach. Through their extensive experience, they are quite impressive in recognising potential risks and pitfalls in legal proceedings. We are completely satisfied in all aspects of our collaboration. Although our company serves in the energy sector, it tries to make a difference in the sector with technological initiatives in accordance with today's requirements. In this direction, it is a law firm that has the competence in the field of informatics and provides the integrity of representing us safely with its expertise in the field of energy law. Sayin Law has a structure that complies with all these requests. For this reason, Sayin Law is different from other law firms. They have a vision ready for the era and the future. With their fast legal solutions and their constant support, they enable us to take a safe path in our initiatives. The happiest point at Sayin Law is that we have been working with the same lawyers for a long time. There is a practical approach. Although Sayin Law gets closer to the market at some points in terms of wages, it may remain high from time to time. On the other hand, we do not hesitate to work with them due to their transparency in invoicing the services provided and the quality of the service received. The innovative structure of our company shows itself mostly in the field of technology. In this direction, it is important to meet and integrate with each of our business partners on the same ground. Sayin Law, in order to provide us with legal consultancy services all over the world, shows this with video conferences, various legal softwares and information and report presentations. "

"We have been working with Sayin Law & Consulting for three years. Founding partner Murat Sayin is a key name in the energy practice area. We can clearly say that Mr Sayin and his team managed the process very well in many of the projects that are important for us. We are always fascinated by the responsiveness of its associates. Sayin Law & Consulting has deep legal knowledge and understanding of complex legal projects. Sayin Law & Consulting provides the best legal service with its associates in several cities in Turkey. Sayin Law & Consulting makes up-to-date reports on litigation and execution proceedings. We specifically make use of energy law bulletin that covers current issues related to the energy sector. "

"As the group manager, determining the risks of our company and determining the measures that can be taken within the scope of these risks are important for me. In this context, receivables of a company affect the financial statements. In this direction, I rely on Sayin Law for the rapid progress and follow-up of the current legal processes. Detailed reports that they prepared in every format requested, guide our prospective commercial plans. Sayin Law's extensive knowledge of the energy sector enables us to get a legal consultancy that we always need. In addition, Sayin Law provides us in-house legal assistance by recruiting associates. Thus, we have the opportunity to work closely and effectively. Especially law firms working in the private sector cannot provide daily consultancy services effectively. By the energy bulletin they published and their constant publications in LinkedIn allow us to follow up every innovation and change. I am very satisfied with our cooperation with Sayin Law. Sayin Law enables us to instantly access all kinds of documents and information requested with monthly reports. The fact that Sayin Law has a wide circle of acquaintances and is in collaboration with the best lawyers and professors in Turkey, is just one of the reasons we prefer them. "

"Sayin Law's on-point consultation and rapid responses create an environment of trust through all the process whenever we need their legal services."

Founded in 2016, Selvi & Ertekin is an Istanbul based law firm.

Focuses/ Specialisms

The firm has a strong focus on project finance work. The project finance team has experience in wind energy and bioenergy sectors. The team is also experienced in Islamic finance, advising Islamic banks in financing projects.

Key clients

Important clients for the firm includeAkbank, Development Bank of Turkey, Türkiye Kalkınma ve Yatırım Bankası, and Yapı ve Kredi Bankası.

Research period review: 32nd edition (2022/2023)

The banking and finance team advised in project financing deals, advising banks on loans, restructuring, EPP projects, and Islamic finance, focusing mainly on energy projects involving wind and biogas projects.

M&A work saw the firm assisting buyers in connection to acquisitions for local and international clients. 

TOCC Attorney Partnership is a full-service independent business law firm founded in 2016. The firm is based in Istanbul. The firm provides legal advice to both local and international clients on diverse areas of law. The firm has a collaborative team of lawyers specialised in various fields of business law and industry sectors. The firm has expertise in banking and financing work, particularly Islamic and project finance.  

Highlights

The firm advised Kalyon Güneş Teknolojileri Üretim on the $274 million financing provided by Ziraat Bankası and T. Vakıflar Bankası for the construction of Kalyon Solar Technologies Factory and the establishment of Research and Development Centre.

The firm advised Ak Finansal Kiralama on its $92.5 million Sukuk issuance through Emlak Varlık Kiralama.

In M&A the firm advised HDR Global Trading on its $15 million acquisition of 10% stake in Paratica.

Key clients  

AK Finansal Kiralama, Kalyon Güneş Teknolojileri Üretim, Macellan İleri Teknoloji, Odea Bank and Sanko Holding.

Testimonials

"TOCC always opts for allocating a team fully dedicated to meet our needs and expectations during the documentation and agreement process." (Banking Client)

Tunç Firat Dereli is a full-service independent law firm based in Istanbul.

Focusses / specialisms

The banking and finance team at the firm is well versed in advising local and international clients. It provides advice to issuers, underwriters, borrowers and lenders in transactions

M&A advisors at the firm are experienced in advising local and international clients in transactions. Typically assisting middle market entities, the team has particular experience in the energy sector.

Project development work for the firm includes advice to international and local clients in public procurement and PPP contracts, concession agreements and land acquisitions.

The Restructuring and insolvency team at the firm advises in corporate rescue, insolvency and distressed companies. It represents debtors and creditors.

Key clients

Key clients include Akfen Holding, Akfen Renewables, Acacia Mining Operations, GE Gas Power, Vakiflar Bank, Albioma, TWL Holding, Power Europe, Serbest Energy, Enerco Energy, Kaolin Mining, Karadeniz Holding, Power Europe, GKE Energy, Alba Mühendislik Müşavirlik İnşaat, Borusan ENBW Energy, Alfa Consult, Alcas Metal Sanayi, and Garanti Koza İnşaat Sanayi ve Ticaret.

Research review period: 32nd edition (2022/2023)

Over the research period, the banking department was busy in financial restructuring and project finance transactions. It mostly advised local debtors and creditors in deals. The firm took part in complex financial restructuring agreements involving multiple borrowers and lenders.

During the research period, the M&A team advised buyers in acquisitions in the energy sector.

The project development team advised international and local investors in matters related to EPC contracts, public procurement, and licenses. Sectors primarily focused on were construction, energy and social infrastructure.

The restructuring and insolvency team advised debtors and creditors in a variety of proceedings, including companies sin the liquidation process, corporate rescue and insolvency proceedings.

Deal highlights: 32nd edition (2022/2023) 

Alcas Metal debt restructuring

Aydos Wind Power plant

Faktör Yapı corporate rescue

Istanbul potable water pipeline

Client feedback: 32nd edition (2022/2023) 

Banking and finance                                                                                     

"The team is very professional. The follow up and quality of work is excellent."

Financial restructuring                                                                                             

"They are able to stay neutral and provide agreements that are agreeable to all parties."

M&A                                                                                                                                                   

"They are very experienced in the Turkish energy market "                                                                 

"They possess exceptional industry sector knowledge and combine legal excellence with a larger business understanding to produce tailored advice. They are also very diligent, responsive and adaptive to client's needs."

Medet  Çınar  

"Mr Çınar can think outside the box and offer creative solutions due to his in-depth legal know-how." 

"Very personable and diligent."

Zeynel Tunc  

"Responsive, diligent, practical."         

"Diligent. Hard working.  Very good communication skills."     

"Professional, accommodating client's needs, responsive, business orientated. His attitude towards the matters and problems at hand is so calm and secure that it creates the feeling that one can leave the matter to him and he will safely take care of it."

Yazici Attorney Partnership is a full-service law firm with offices in Ankara and Istanbul.

Focusses / specialisms 

The firm has a focus on project development where key work comes from the oil and gas sector. The firm advises on various industries, including renewable energy, mining, industrials and manufacturing,technology and telecommunications.

Key clients

Among the clients of the firm are Marsa Turkey, Akdaş Döküm Sanayi ve Ticaret, BNP Paribas, Societe Generale, London Branch and ING European Financial Services.

Client feedback: 32nd edition (2022/2023)

Restructuring

"They are familiar about our Company and our Group Company for a very long time; and have the whole history and memory about us."

YBK Yalçın Babalıoğlu Kemahlı Law Firm in cooperation with CMS is a member firm of CMS. The firm has desks in Germany and the UK.

Focusses / specialisms 

The firm has a focus on banking and specalises in cross-border financing projects. The firm advises borrowers and lenders. Industry sector strengths for the firm include real estate, infrastructure and manufacturing.

Key clients 

Key clients of the firm include Raiffeisen Bank International (RBI), Erste Group Bank, Denizbank (Turkey) and (Austria), Zıraatbank, Yapı Kredi Bank Nederlands, Internationales Bankhaus Bodensee, Vakıfbank and Südwestbank.

Research period review: 32nd edition (2022/2023)  

During the research period, the firm was busy advising clients in banking, equity capital markets and M&A.

Client feedback: 32nd edition (2022/2023)

Banking and finance                                                                                     

"Prompt response, helpful advise, good structure of LO."

Alaz Eker Ündar        

"Prompt response, helpful solutions, good advice."

.

Cantez & Partners is a corporate law firm founded in 2015 and based in Ankara.

Focusses / specialisms

The firm is active in project development.

Client feedback: 32nd edition (2022/2023)

Banking and finance

"With their dominance in all phases of the project, they complete the process without our intervention. In addition, the effect of persuasion abilities on the other party and the solution of the issues."

Project development

"They are always well responsive to our needs. They provide detailed explanations / clarifications to our questions as our legal counsel."