M&A Deal Summary

Hepsiburada Acquires Doruk Finansman

On December 17, 2021, Hepsiburada acquired financial services company Doruk Finansman for 20M TRY

Acquisition Highlights
  • This is Hepsiburada’s 1st transaction in the Financial Services sector.
  • This is Hepsiburada’s largest (disclosed) transaction.
  • This is Hepsiburada’s 1st transaction in Turkey.

M&A Deal Summary
Date 2021-12-17
Target Doruk Finansman
Sector Financial Services
Buyer(s) Hepsiburada
Deal Type Add-on Acquisition
Deal Value 20M TRY

Target

Doruk Finansman

Istanbul, Turkey
website
Doruk Finansman is a consumer finance company with a vision to provide uninterrupted, innovative, reliable, and fast service quality that will provide added value to its customers. It creates a result-oriented structure that is open to the customer and does not give up on honesty in the light of current legal regulations and ethical values. Doruk Finansman is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

Hepsiburada

Istanbul, Turkey

website

Category Company
Founded 2000
Sector E-Commerce
DESCRIPTION

Hepsiburada is an e-commerce technology platform combining a globally proven e-commerce business model with a one-stop 'Super App' to cater to our customers' everyday needs and to help make people's daily lives better. Customers can access a broad range of products and services including same-day delivery of groceries and essentials, products from international merchants, airline tickets, and payment services through Hepsiburada's embedded digital wallet, HepsiPay. Hepsiburada was formed in 2000 and is based in Istanbul, Turkey.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Turkey) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal