User Corporation

Capabilities / Private Equity

Private Equity & Capital Markets

Advice for private equity sponsors and investors across the investment cycle in Turkey, and for companies preparing to access the capital markets.

Portfolio stability

Portfolio protection and new investment origination.

For most sponsors, the first priority in a downturn is keeping current investments stable. The same dislocation also creates attractive investment opportunities.

The open questions are how to source investments during a rapid shakeout, and how to guide portfolio companies through the crisis. We support every stage of that process.

How we support sponsors

From sector selection to plan maintenance.

01

Sector selection

Identifying the sectors with the most promising risk-adjusted opportunity.

02

Investment theses

Developing proprietary insights and defining the investment thesis.

03

Organizational model

Designing the operating and organizational model around the thesis.

04

Plan maintenance

Keeping sector plans updated as industry dynamics shift.

Across the investment cycle

Invest, own, exit.

Sponsors work with us at every stage of a holding, not only when a transaction is under way.

01 · Invest

Finding and buying well

  • Deal sourcing through our relationships and sector coverage
  • Screening against the fund's criteria and return targets
  • Valuation, structuring and negotiation
  • Coordination of due diligence and financing

02 · Own

Protecting and building value

  • Support for portfolio companies through difficult markets
  • Add-on acquisitions and partnerships
  • Refinancing and capital structure reviews
  • Keeping sector plans current as markets shift

03 · Exit

Realising the investment

  • Exit planning well ahead of the sale
  • Preparing the business and its equity story
  • Running sales to strategic or financial buyers
  • Partial exits and secondary sales

Our process

How we work with sponsors and investors.

Source

Opportunity screening

We identify and screen opportunities against the investor's criteria and return targets.

Analyse

Valuation and structuring

We analyse the business, build the valuation and propose the deal and financing structure.

Negotiate

Terms and diligence

We negotiate terms and coordinate due diligence with legal, tax and financial advisers.

Support

Through to exit

We stay involved after closing, including add-on opportunities and exit planning.

For international sponsors

A partner on the ground in Turkey.

01

Local access

Four decades of relationships with Turkish owners, families, banks and public institutions.

02

Deal flow beyond auctions

Opportunities that come through our network and sector work, not only through broad sale processes.

03

Sector depth

Coverage of 18 sectors, from energy and logistics to banks, technology and defense.

04

Cross-border reach

Strategic partners in seven countries for co-investors, buyers and add-on targets abroad.

Capital markets

For companies raising equity.

We prepare companies for institutional capital and work alongside the licensed intermediaries that execute public offerings.

Equity readiness

Governance, reporting and structure brought to the standard institutional and public investors expect.

Private placements

Raising equity from selected institutional or strategic investors without a public offering.

IPO preparation

Assessing readiness for a listing on Borsa Istanbul or abroad, and selecting and coordinating the licensed intermediaries, lawyers and auditors.

Investor story

The business plan, valuation and equity story that investors will judge the company on.

Related services

Often used together.

Mergers & AcquisitionsBuy-side and sell-side execution.Details →Debt FinanceAcquisition and refinancing.Details →Valuation & Due DiligenceIndependent value and risk review.Details →Sector CoverageEighteen sectors in detail.Details →

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