Turkey
1991
€178.5bn
Our Focus
Gryphon market entry

Turkish equity market
p/e: 6.0x
İbrahim Çallı – 'Hasene Cimcoz Portresi'
Expertise

We have developed projects over a long period of time with major Turkish groups in multiple sectors including media, technology, infrastructure, chemicals, mining and FMCG.

We have raised capital, restructured debt, placed shares and arranged foreign financing or strategic partnerships for Turkish groups.

Through our local office, we have strong connections to the financial and commercial communities in Turkey, and many longstanding relationships with prominent entrepreneurs.

We have an in-depth experience and understanding of how businesses operate at a micro-economic level and the important family and Governmental drivers of business activity that are wholly unique to Turkey.
Country Summary

Opportunities for Turkish groups include:

  • Large demographically attractive consumer base
  • Post-devaluation and CV-19 acquisition opportunities
  • Ongoing generational changes at many large industrial groups
  • Continuing infrastructure and real asset development opportunities
  • Growing strategic importance of Turkey in the wider region
Attractions for inward investors include:
  • Very attractive valuations with FDI at all time low
  • High local capital costs for the private sector is unlocking projects for foreign investors
  • Many scaleable opportunities to deploy significant capital
  • Highly developed local financial and legal infrastructure
Areas of Interest

In Turkey, we focus on private family or entrepreneur-led groups seeking to

  • accelerate growth with foreign capital or partners through joint ventures on new projects or existing developments
  • buy businesses out of bankruptcy in any sector with a foreign partners
  • implement turnarounds jointly with foreign partners
  • exploit regional export opportunities in the EU, near-east and post-conflict situations where Turkey is present as an actor
35.3% of GDP
Gryphon in Turkey
Ataner Demirel
Telephone: +90 532 323 00 65
Email:
a.demirel@gryphco.com