User Corporation

Capabilities / Capital Advisory

Capital Advisory

Independent advice to owners, boards and investors on how a business is funded, owned and positioned for its next stage.

Approach

The right decision before the right transaction.

Many of the most important decisions a company makes come before any deal is signed: whether to raise capital or sell a stake, bring in a partner or stay independent, refinance or restructure. Capital advisory is where we help clients make those choices clearly, with the options and their consequences set out side by side.

Because we also execute transactions, our advice is grounded in what buyers, investors and lenders will actually do. When a decision is taken, the same team can take it forward through M&A, private equity or debt finance.

What we advise on

Funding, ownership and strategic direction.

01

Capital structure

Reviewing the balance of debt and equity, funding costs and covenants, and how they fit the company's plans and risks.

02

Raising equity

Bringing in strategic or financial investors, including minority stakes, while protecting the founders' and owners' position.

03

Strategic options

A structured review of the alternatives, from growth and partnership to a sale or merger, with a clear recommendation.

04

Partnerships and joint ventures

Structuring and negotiating partnerships with Turkish or international companies, including governance and exit terms.

05

Ownership transitions

Succession and shareholder changes in family and founder-led businesses, handled with care for both the company and the family.

06

Investor and lender relations

Preparing the company's case for banks and investors, and managing the dialogue through to agreement.

When clients call us

Typical situations.

Every situation is different. These are some of the moments when owners and boards most often ask for independent advice.

01

A family group planning the next generation

Deciding who will own and run the business, and whether outside capital or a partial sale has a role.

02

A company outgrowing its funding

Growth that has run ahead of the balance sheet, calling for new equity, new debt or both.

03

An unsolicited approach

An investor or competitor has made contact, and the board needs to know what the business is worth and what its options are.

04

Entering a new market

Expansion abroad, or into Turkey, where a local partner or joint venture may be the right route.

05

A balance sheet under pressure

Debt that no longer fits the business, and a need to refinance or restructure before choices narrow.

Client coverage

Corporate, institutional and government clients.

Corporate

Family groups, founder-led companies and listed businesses, from mid-market to large groups.

Institutional

Funds, financial investors and lenders seeking an independent view or a partner in Turkey.

Government

Public bodies and state-owned enterprises, with an understanding of public-sector rules and constraints.

Our process

From question to decision to execution.

Understand

The business and its owners

Objectives, constraints, timing and the views of the key shareholders.

Assess

The options

Each alternative valued and tested for risk, cost and feasibility.

Recommend

A clear course

A written recommendation the board and shareholders can act on.

Execute

Into a transaction

The same team carries the decision through M&A, private equity or debt finance.

Related services

Where the work goes next.

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