User Corporation

Capital advisory & M&A · Istanbul

Cross-border deals.
Senior execution.

42 years advising corporates, investors and business groups on M&A, private equity, privatizations and debt capital. Senior-led mandates, strict confidentiality, and transaction structures tailored to each client's objectives.

View capabilities Firm overview
42
Years in the market
25+
Transactions completed
18
Client sectors
7
Countries with strategic partners

Firm overview

Global reach.
Local execution.

Since 1984 we have advised Turkish groups, international investors and public bodies on acquisitions, disposals, privatizations and financings. We take on a limited number of mandates at a time, and each is led personally by a senior partner.

From Istanbul, working with strategic partners in Munich, Milan, Vienna, Athens, Lisbon, Tel Aviv and New York, we connect Turkish companies with international markets and international capital with Turkish opportunities.

About the firm

Capabilities

Eight practices, one senior team.

All capabilities →

Why User

Why clients work with us.

Six commitments that apply to every mandate, whatever its size.

01

Senior-led

Every mandate is run by a senior partner from the first meeting to closing, not handed down after the pitch.

02

Discreet

We do not disclose clients or mandates without consent. Much of our best work never becomes public.

03

Independent

We are not a lender or a broker. Our advice is not tied to selling a product or placing a balance sheet.

04

Two-way access

We take Turkish groups into international markets and bring international investors into Turkey, through partners in seven countries.

05

Focused

We accept mandates where we can make a difference, and we say so plainly when we cannot.

06

Four decades of relationships

Owners, banks, investors and public institutions we have worked with since 1984.

Our approach →

Process

Confidential by default. Structured by design.

Every mandate follows the same four-stage discipline, under confidentiality from the first conversation.

01

Assess

Objectives, constraints, timing and what success looks like, agreed in writing before work begins.

02

Prepare

Valuation, research and materials, with buyers, targets or lenders screened and prioritised.

03

Execute

Counterparties approached, process run and terms negotiated, with the client informed at every step.

04

Close

Documentation, approvals and completion managed through to funds flow and handover.

Client coverage

Who we advise.

Turkish groups going abroad

Family groups and listed companies acquiring businesses, brands or capacity outside Turkey.

International investors entering Turkey

Strategic buyers and funds looking to acquire, partner with or invest in Turkish companies.

Private equity sponsors

Funds evaluating buy-outs, minority stakes and exits in the Turkish market.

Owners raising capital

Shareholders seeking growth or acquisition financing, or preparing a company for sale.

Client segments and sectors →

Sectors

Eighteen sectors, five clusters.

Our coverage follows where Turkish and cross-border transactions concentrate. Sector coverage →

01Infrastructure and transportConcessions and long-life assets moving people and goods.
AirportsPortsLogistics
02Energy and resourcesGeneration, fuels and the materials industry depends on.
EnergyOil, gas and petroleumMetalsChemicals
03Industry and manufacturingProducers serving Turkey, Europe and the wider region.
Construction materialsMachinery and equipmentDefense and securityPharmaceuticals
04Financial servicesRegulated institutions and licensed operators.
BanksFinanceLottery
05Technology, property and servicesDigital infrastructure, real assets and service businesses.
TechnologyTelecommunicationsReal estateServices

News & press

From the press archive.

All news & press →

Next step

Discuss a mandate in confidence.

Tell us about your transaction, financing or strategic objective. We will come back to you to arrange a confidential conversation.

  • Every enquiry is read by a senior partner
  • Strict confidentiality, with an NDA before details are shared
  • No cost or obligation for an initial discussion