Investment Summary

General Atlantic Invests In Yemeksepeti

On September 17, 2012, growth capital firm General Atlantic invested in internet software and services company Yemeksepeti

Investment Highlights
  • This is General Atlantic’s 17th transaction in the Internet Software and Services sector.
  • This is General Atlantic’s 1st transaction in Turkey.
Investment Fate
  • Yemeksepeti was sold to a strategic buyer in 2015 for 589M USD.

Investment Summary

Date 2012-09-17
Target Yemeksepeti
Sector Internet Software and Services
Investor(s) General Atlantic
Deal Type Growth Capital

Target

Yemeksepeti

Istanbul, Turkey
Yemeksepeti is an online food ordering company in Turkey founded in 2001. The company operates portals that bring together consumers and restaurants and enables consumers to order food online both in Turkey and in UAE (www.foodonclick.com). Yemeksepeti currently has more than 6,500 contracted delivery restaurants across 41 cities in Turkey, and over 500 restaurants in the UAE.

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Investor(S) 1

Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 108 of 364
Sector: Internet Software and Services M&A 17 of 78
Type: Growth Capital M&A Deals 43 of 139
Country: Turkey M&A 1 of 1
Year: 2012 M&A 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-31 Box

Redwood City, California, United States

Box is a provider of online file sharing and cloud content management solutions. Content on Box can be shared internally and externally, accessed through iPad, iPhone, Android and Windows Phone applications, among others, and extended to partner applications such as Google Apps, NetSuite and Salesforce. Box was founded in 2005 and is based in Redwood City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-13 Xiabuxiabu Catering Management

Beijing, China

Xiabuxiabu Catering Management (China) is a quick service restaurant chain in China specializing in Chinese hotpot cuisine. Xiabuxiabu Catering Management (China) was founded in 1998 and is based in Beijing, China.

Buy -