TRANSACTIONS / Sale of Dentistanbul to Rhea Venture Capital

(8/12/2010) Turkey-based Rhea Venture Capital acquired Dentistanbul, the leading dental hospital in Turkey.
Ventura Partners acted as exclusive financial advisor to Dentistanbul on the transaction.

Rhea Venture Capital Investment Trust acquired 100% of Dentistanbul, the leading Turkish dental care provider from Global Environment Fund (GEF). Ventura Partners acted as exclusive financial advisor to Global Environment Fund on the transaction.

Dentistanbul is the sole private dental care provider operating with a private dental hospital license in Turkey. Dentistanbul has a dental hospital and two affiliated dental polyclinics in Istanbul. Dentistanbul also operates the dental clinic of the Medical Park hospital in Göztepe.

Rhea Venture Capital Investment Trust, founded in 1996, is the first venture capital investment trust of Turkey. Rhea acquired 53% of Nortel Netaş, together with One Equity Partners of the U.S. Its 2010 investments include companies such as Seta Medical, Netsafe Information Systems, Envitec and Marmara Ferryboats. 

Global Environment Fund is an international investment firm, managing private equity funds in excess of US$1 billion.  GEF was established in 1990 to provide financing and management support to companies that contribute to environmental quality, efficient use of energy, human health and the sustainable management of natural resources.

Ventura Partners, based in Istanbul-Turkey, is one of the leading M&A advisory boutiques providing corporate finance services in a broad range of sectors.