M&A Deal Summary

Pera Capital Partners and EMF Capital Partners Acquire Auto King

On January 1, 2013, private equity firms Pera Capital Partners and EMF Capital Partners acquired automotive company Auto King

Acquisition Highlights
  • This is Pera Capital Partners’ 1st and EMF Capital Partners’ 1st transaction in the Automotive sector.
  • This is Pera Capital Partners’ 2nd and EMF Capital Partners’ 1st transaction in Turkey.

M&A Deal Summary

Date 2013-01-01
Target Auto King
Sector Automotive
Buyer(s) Pera Capital Partners
EMF Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Oaklins International, Inc. (Financial)

Target

Auto King

Istanbul, Turkey
Auto King is an auto service provider, serving the insurance companies and car-owners with its unique business applications for the small and medium-size damages. Auto King was founded in 2001 and is based in Istanbul, Turkey.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

DESCRIPTION

Pera Capital Partners is a private equity firm focused on lower middle-market company investments and acquisitions in Turkey. Pera is a generalist investor and targets growth-oriented companies with €10 to €70 million in revenue. Pera Capital Partners was formed in 2012 and is headquartered in Istanbul.


DEAL STATS #
Overall 2 of 4
Sector (Automotive) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (Turkey) 2 of 4
Year (2013) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 FU Real Estate Investment Consulting

Istanbul, Turkey

FU Real Estate Investment Consulting, Inc. provides processing services in the Turkish mortgage sector. The company provides services to leading Turkish financial institutions via its network of 700 lawyers supported by its proprietarily developed software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-01 Beken Otomotiv Sanayi Ve Ticaret A.Ş.

İstanbul, Turkey

Beken Otomotiv Sanayi Ve Ticaret A.Ş. (dba Autoking) auto service provider in Turkey serving the insurance companies and car owners with its unique business applications for the small and medium size damages.

Buy -
DESCRIPTION

EMF Capital Partners is a private equity firm focused on financial services companies operating in emerging markets. The Firm's initial fund is focused on the insurance sector in non-EU European countries as well as in the CIS. EMF Capital Partners was formed in 2012 and is based in London.


DEAL STATS #
Overall 1 of 6
Sector (Automotive) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 3
Country (Turkey) 1 of 4
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-14 Virtu Systems

Moscow, Russia

Virtu Systems offers a provision of agent access portals to the Russian insurance industry. Virtu Systems was founded in 2008 and is based in Moscow, Russia.

Buy -