TRANSACTIONS / Sale of Koton to Turkven Private Equity

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(25/6/2012) Nemo Apprel BV of the Netherlands, owned by Turkven, the leading private equity firm in Turkey has agreed to acquire 50% shareholding in Koton, a leading Turkish fast fashion retailer.

Ventura Partners acted as exclusive financial advisor to Koton on the transaction. 
 
Nemo Apprel BV of the Netherlands, owned by Turkven, the leading private equity firm in Turkey has agreed to acquire 50% shareholding in Koton, a leading Turkish fast fashion retailer. Ventura Partners acted as exclusive financial advisor to Koton on the transaction. 

Established in 1988, Koton emphasized on branding especially after 2000 and currently has a retail network of approximately 500 stores and corners in Turkey and in 24 countries abroad, mainly in the Middle East, the Balkans and the Caucasus, along with Germany, Greece, and Russia. Growing its revenues by four times within the last five years, Koton projects to generate total revenues of TL750 mn ($420 mn) in 2012.

Established in 2000, Turkven is the first independent private equity firm in Turkey, managing funds of $1.5 billion. Turkven has invested in 15 companies resulting in total placements of over $3.5 billion. Turkven portfolio companies include Migros, Domino’s Pizza, Mavi, Golf, Tekin Acar, Doga Koleji and Pronet.
 
Through this partnership, Koton is planning to continue with its aggressive growth plans both in Turkey and abroad and become a global brand in the apparel retail sector. 

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.