Growth Capital • Information Technology

Turkven Invests In Medianova

On November 6, 2024, private equity firm Turkven invested in information technology company Medianova

Investment Context
  • This is Turkven’s 2nd transaction in the Information Technology sector.
  • This is Turkven’s 26th transaction in Turkey.

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Investment Summary

Date November 6, 2024
Target Medianova
Sector Information Technology
Investor(s) Turkven
Deal Type Growth Capital

Target Company

Medianova

Istanbul, Turkey
Medianova is a provider of global Content Delivery Network (CDN) and cloud security solutions. Its services encompass dynamic site caching, static content delivery, image optimization, API caching, streaming, hybrid CDN, cloud object storage, web application firewall (WAF), and DDoS protection. Medianova is based in Istanbul, Turkey.
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Investor Overview 1

Investor

Turkven

Istanbul, Turkey

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Turkven is an independent private equity firm targeting opportunities throughout Turkey. Turkven looks for situations requiring buyout, expansion and refinancing capital and will consider majority or minority investment positions. Prospective companies typically generate sales of $30 to $500 million. The Firm does not have any sector preferences. Turkven was formed in 2000 and is based in Istanbul.


Deal Context for Investor #
Overall 26 of 28
Sector: Information Technology 2 of 2
Type: Growth Capital 5 of 6
Country: Turkey 26 of 28
Year: 2024 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-17 Enocta

İstanbul, Turkey

Enocta is a provider of cloud-based learning management systems software in Turkey. The company offers a SaaS learning platform for training internal workforces and external customers and partners, and a comprehensive course library that complements customers' training programs. Enocta was founded in 1999 and is based in İstanbul, Turkey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-08 Karbonsan Cryogenics

Istanbul, Turkey

Karbonsan Cryogenics is a manufacturer of cryogenic storage and transport equipment, including tanks, ISO containers, and semi-trailers for liquefied gases such as LIN, LOX, LAR, LNG, and CO₂. Karbonsan Cryogenics was founded in 1994 and is based in Istanbul, Turkey.

Buy -