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Tier 1
Esin Attorney Partnership, a member firm of Baker McKenzie International, a Swiss Verein - Turkey13 practice areasView profileTier 2
Tier 3
Tier 4
Tier 5
Notable
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Tier 1
Esin Attorney Partnership, a member firm of Baker McKenzie International, a Swiss Verein - Turkey13 practice areasView profileTier 2
Tier 3
Tier 4
Notable
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Tier 1
Esin Attorney Partnership, a member firm of Baker McKenzie International, a Swiss Verein - Turkey13 practice areasView profileTier 2
Tier 3
Tier 4
Tier 5
Notable
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Tier 1
Esin Attorney Partnership, a member firm of Baker McKenzie International, a Swiss Verein - Turkey13 practice areasView profileTier 2
Tier 3
Tier 4
Tier 5
Notable
Gedik & Eraksoy is a top tier firm in the banking and project finance areas. The firm works in association with international firm Allen & Overy. It is based out of its Istanbul office in Şişli.
Focusses / specialisms
In banking the firm advises lenders and borrowers on loans, refinancing, syndicated loans, project financing, bridge financing and debt restructuring deals. The firm stands out for work on innovative ESG-linked loans.
Key clients
Among the clients of the firm are Tukiye Is Bankasi, Garanti Bank, Citigroup Global Markets Asia, Yapi ve Kredi Bankasi, EBRD and Garanti Bank, International Finance Corporation, Bank of New York Mellon, JPMorgan Securities, UniCredit Bank, Standard Chartered Bank, Merrill Lynch International, Citigroup Global Markets, Aviva Group Holdings, Aegon, Hive Enerji and Prysmian.
Client feedback: 32nd edition (2022/2023)
M&A
"Extremely thorough, flexible, and knowledgeable."
Project finance
"They are well aware of details in not just of a project we are working with, but also other similar PPP projects in the market. So, their views are not solely based on legal perspective, but they also take into account applicability/realistic aspects. They are proactive and they always try to find solutions and/or common grounds etc."
AECO – Atayılmaz Enkür Çetinkaya Öner is a Turkish law firm based in Istanbul.
Focusses / specialisms
The firm has a focus on corporate and M&A. The firm has expertise in the energy and natural resources sector. The firm also has experience in cross-border transactions.
Akol Law is a full-service firm based in Istanbul. It employs 20 lawyers, including four partners.
Focusses / specialisms
The banking practice advises banks and corporate clients in syndicated loans, secured financing and debt restructuring. The team advises both borrowers and lenders in complex cross border deals.
It has a well-recognized M&A group, advising on large cross border transactions. It advises both buyers and sellers.
In equity capital markets the firm is highly active, working on a large number of IPO’s. Debt capital works sees the firm involved in many Eurobond issues, as well as covered bonds and structured financing.
Projects work includes project development and finance, where on the development side the firm is involved in many of the jurisdiction’s healthcare PPP’s, energy and infrastructure projects. In terms of project finance, the team tends to work on the lender side for banks and financial institutions.
Key clients
Among the clients of the firm are Actera Group, Aygün Cerrahi Aletler, Ekol Ofset, Elekta Solutions, Global Yatırım Holding and Human Care.
Client feedback: 32nd edition (2022/2023)
M&A
"Kindness, calmness"
"Very competent team, including Tugce Tatari, partner and lead on our project, one of the very best M&A lawyers I have ever worked with."
Key clients
IGA Havalimanı İşletmesi, Turgut Aydın Holding, Türkiye Halk Bankası, Türkiye Garanti Bankası, and Türkiye İş Bankası.
Highlights
The firm advised six of Türkiye’s largest banks, Garanti BBVA, Yapı Kredi, İş Bankası, TSKB, QNB Türkiye, and Ziraat Bankası, on the $1.7 billion financial restructuring of Galataport İstanbul Liman İşletmeciliği ve Yatırımları and Doğuş Galataport Gayrimenkul Yatırımları under Türkiye’s Regulation on the Restructuring of Debts to the Financial Sector.
The firm also advised T.C. Ziraat Bankası on its syndicated term loan facilities totalling $742 million and €884 million, further demonstrating its strength in complex cross-border financing transactions.
Testimonials
“They are very corporate - they answer our questions in a timely manner and provide us with satisfactory and useful information. They are sincere and always support us legally.” – Equity Capital markets
“Aras Coşkun provides very fast and legally satisfying information. He is always ready to answer our questions and always ready to help us.” - Equity Capital markets
Basan Attorney Partnership is a Turkish firm with an international focus. It was founded in 2003, and has two offices, with locations in Ankara and Istanbul.
Focusses/specialisms
The firm is particularly active in project development, advising multinational clients on construction projects in utilities, water treatment and regulatory issues.
Research period review: 32nd edition (2022/2023)
Over the research period, the firm advised on cross-border project deals regarding construction, licensing, bidding and waste treatment services.
Client feedback: 32nd edition (2022/2023)
Project development: Infrastructure
"Basan Attorney Partnership, a client-oriented law firm and has legal experts in all sections, meeting our expectations by specialization and diversity at the same time. They all have traits of trustworthiness and dedication to good counselling. We really appreciate their hard work and also, I, as an in-house legal counsel, am very pleased to work with them."
"Basan helped us a lot at every stage with his comprehensive consultancy service and his knowledge of the legislation. Thanks to the corporate working principles, we received continuous and fast feedback."
"Basan works very diligently and responds to inquiries quickly. They also organize paperwork in a very efficient manner."
Reşat Gökhan Basan
"Mr Basan is disciplined, punctual, knowledgeable, has strong communication skills and gives quick feedback."
"Mr Resat Gokhan Basan is prompt and capable of providing legal services for complex issues with great commercial awareness."
"Reşat Gökhan Basan is always passionate and knowledgeable about the law from learning it to applying it. He has analytical skills and he always applies this in the solutions while providing consultancy."
Baspinar & Partners is the Turkish affiliate of GRATA International. The specialises in mergers and acquisitions are initiated by major venture capital funds and real estate investment funds. They offer our clients not only a legal perspective on their transactions but also provide a commercial insight into their best interests.
Highlights
The firm advises clients on corporate and M&A work.
The firm recently advised on the $4 million acquisition of 100% shares of MTTS Invest Gayrimenkul ve Ticaret. The firm conducted due diligence, drafted the transaction documents, and completed the post-transaction registration process.
Key clients
Baykan Group Companies, Intertek Quality Services, Re-Pie Portföy Yönetimi, TN Maleik Petrokimya and Tatex Group.
Testimonials
(2022/2023)
"Good knowledge of legal framework, English language and our expectations.” – M&A Client
Key clients
Elephant VC, Mastercard, Şekerbank, Teknasyon, and Z3P.
Highlights
The firm advised Elephant VC on its $78 million Series B investment in Sipay, a fast-growing Turkish fintech platform providing integrated payment systems, digital wallets and embedded finance infrastructure. The firm also advised IBM on the strategic sale of its Turkish subsidiary, Seri Bilgi Teknolojileri, to Destek Bilgisayar, a leading Turkish IT service provider.
Testimonials
“What stands out about Bener is its ability to combine deep regulatory expertise with a practical understanding of innovative business models. As a full-service law firm with strong international connections, Bener was able to coordinate legal and regulatory assessments across multiple jurisdictions, while providing us with a single, consistent point of contact and a unified compliance strategy.” – Banking and finance
“Brener was very helpful in providing practical solutions to overcome bottlenecks and established a great relationship with the counterparty in order to convince them of the points we raised.” – M&A
“Bener Law Office provided commercially focused, practical, and highly responsive advice throughout our acquisition of a 30% stake in Moderist. What sets the firm apart is its ability to combine strong M&A technical expertise with a clear understanding of the commercial objectives behind a transaction.” – M&A
“Bahar Ülgen Hasşerbetçi is an excellent lawyer with strong communication skills.” – M&A
“Beste Unsoy Yazıcı is a reliable corporate and M&A lawyer who provides practical and commercially minded advice. She communicates clearly, is responsive to client needs, and manages transactions in an organized and efficient manner. She also maintains strong client relationships and works collaboratively to help move matters forward smoothly.” – M&A
“Eren Üçok demonstrates strong communication skills, effective problem-solving abilities, and a high level of ownership.” – M&A
“Fatoş Otcuoglu is an excellent lawyer with a remarkably sharp mind and a deep understanding of banking, finance, fintech, and emerging financial services models. She quickly grasps complex products, identifies key regulatory risks, and develops practical, commercially viable solutions.” – Banking and Finance
“Güzide Özbilen Şahin understands complexities very well, has strong communication skills, and demonstrates a high level of ownership.” – M&A
Bezen & Partners was found in 2007. Its headquarters are located in Istanbul and the firm has additional offices in Mersin and Ankara.
Focusses / specialisms
Bezen & Partners focuses on project finance and development work but is also active in the banking, capital markets and M&A areas.
In banking, the firm acts for borrowers and lenders on refinancing, project financing, corporate financing and loans matters.
In capital markets work the firm mainly advises underwriters on bond issues in the debt side and on IPO’s in the equity side.
The M&A team works in sectors like healthcare, oil and gas, energy, consumer goods, infrastructure, financial services and mining. The firm advises joint venture partners, acquirers and sellers.
In project development the firm represents sponsors, contractors, developers and project companies on energy, infrastructure and oil and gas and PPP projects in healthcare.
Key clients
Among the clients of the firm are European Bank for Reconstruction and Development, Akfen Holding, Akkuyu NGS Elektrik Üretim, Rönesans Holding, Meridiam, BRS Sağlık Yatırım Anonim Şirketi, Steag, Solarpower Elektrik Üretim Anonim Şirketi, Hitachi Zosen Inova, PNE Wind and Public Power Corporation.
Client feedback: 32nd edition (2022/2023)
M&A
"They provide very detailed and meticulous work with the support of valuable and experienced law professors."
Project development : Energy
"No language barrier."
Boden Law Office
Based in Istanbul, Boden Law provides representation in energy, natural resources and infrastructure projects. It was founded in 2008 and is based out of its Istanbul office.
Focusses / specialisms
The firm is active in project development and project finance and M&A, working predominantly in the energy sector. It is also active in the mining and infrastructure.
Key clients
Among the clients of the firm are Gunvor, Aksa Enerji Üretim, Talesun Solar Switzerland, Kolin İnşaat ve Turizm Sanayi ve Ticaret, Steag and OSET, Güçlü Group, Talesun Solar Switzerland, Duckt, Sms Group Metalurji Servis Sanayi ve Ticaret, Aksa Enerji Üretim, Tosyalı Toyo Çelik, APlus Enerji Yatırım Danışmanlık Teknoloji ve Ticaret, Tosyalı Holding, Sanko Enerji Sanayi ve Ticaret and Engie Enerji Ticaret ve Pazarlama and Baymina Enerji.
Client feedback: 32nd edition (2022/2023)
M&A
"Boden Law's managing partner Değer Boden has a unique expertise proves to be invaluable. She gives personal attention to her clients and directs her team in this regard. Değer Boden and her team's first-class work and professionalism make this firm stand out from the other firms. Değer Boden personally attended and guided her team in the key meetings and negotiations. Her team provided unique solutions to the problems during our projects and works with them."
Based in Istanbul, full-service law firm, Bozoğlu İzgi Attorney Partnership, was founded in 2013.
Focusses/specialisms
The firm is known for its M&A and project development work with a particular focus in the energy sector. The firm represents clients in a matter of sectors including pharmaceuticals, energy, and mining.
Key clients
The firm has working relationships with clients such as Merck, AbbVie, Nivea Beiersdorf Turkey, Herbalife Nutrition, LR Health and Beauty, Bayer, FarmaMondo, Excelya Turkey, Bausch and Lomb, Astellas, Santa Farma, Alternatif Enerji and MS Pharma.
Research period review: 32nd edition (2022/2023)
During the research period, the firm advised in energy project development deals.
Client feedback: 32nd edition (2022/2023)
Banking and finance
"Supportive and meticulous."
Financial services regulatory
"They work with lawyers who are experts in their field. Feedback and communication is very good. They are result oriented and detail oriented."
M&A
"Client and detail oriented. Very knowledgeable in corporate law. They provide a premium service."
"Practical and client oriented."
"They had been leading us well regarding competition rules as well as commercial regulations."
Private equity
"BozogluIzgi Attorney is really responsive and thorough; they are very clear with their assessments and always happy to help with our questions. They have aided us on several corporate matters."
Project development: Energy
"First of all, they have a very dynamic team, they are very experienced in the energy sector and their ability to take action very quickly are the three most important characteristics of the company."
"Their business-minded approach is the most add-value aspect in an M&A process. They have a very good understanding of where our interest really stands. We also appreciate their diligent working style and good command of our legal issues."
Necdet Can Artüz
"He is generally well versed in the subject. He's a good leader. Very good at coordination. Expert in direct selling. Very good in commercial dispute processes."
"Expert in his field. High communication skills. Evaluation and predictions are on point."
Sevi Bozoğlu
"Practical and client oriented."
Feridun Izgi
"Always accessible, very proficient in his expertise, high problem-solving skills."
Mehmet Feridun Izgi
"Always accessible, very proficient in his expertise, high problem-solving skills."
"Commercial-minded lawyer while sticking to ethics of law perfectly. He is very good on competition rules and regulations as well as M&A structurings."
"First of all, he has very strong communication skills and manages the process in a very transparent way."
"Feridun has a client-oriented approach and a very good understanding of what are our business needs. He is a hands-on partner and always follows closely what his team is doing regarding our projects. In addition, his selection of team members assigned our projects has always provided us with positive results."
Fatma Kucuktuncay
"Very supportive."
"She is very responsive and is always willing to help on our queries."
Cantez & Partners is a corporate law firm founded in 2015 and based in Ankara.
Focusses / specialisms
The firm is active in project development.
Client feedback: 32nd edition (2022/2023)
Banking and finance
"With their dominance in all phases of the project, they complete the process without our intervention. In addition, the effect of persuasion abilities on the other party and the solution of the issues."
Project development
"They are always well responsive to our needs. They provide detailed explanations / clarifications to our questions as our legal counsel."
Key clients
Akbank, ING Bank, J P Morgan, MUFG and Türkiye Wealth Fund.
Highlights
The firm advised Türkiye Wealth Fund on the refinancing and upsizing of its €790 million syndicated facility through a new €1.2 billion syndication facility. The financing was coordinated by ICBC Turkey Yatırım Menkul Değerler, Emirates NBD Capital, and First Abu Dhabi Bank, with Emirates NBD Bank acting as facility agent.
The team also advised J P Morgan, MUFG and ING Bank, as joint bookrunners, on the issuance of US$600 million Rule 144A/Reg S 6.950% Green Notes by Türk Telekom. The transaction marked a significant milestone for the Turkish market as the first corporate sukuk issuance from Türkiye.
Testimonials
“CE Partners, in association with Clifford Chance, provided good service, as well as timely and flexible fee structure.” – Banking and finance
“CE Partners, in association with Clifford Chance, combines a strong international network with the highest standards of legal advice.” – Banking and finance
“CE Partners, in association with Clifford Chance, has team members who are highly experienced in their respective areas, particularly the banking and finance team led by Sait Eryılmaz. They bring extensive experience gained through their backgrounds and involvement in numerous local and international transactions.” - Banking and finance
“CE Partners, in association with Clifford Chance, demonstrated exceptional expertise throughout the project, which was carried out under significant time pressure and involved critical stages due to the counterparty being a state authority. The team consistently adopted a solution-oriented approach and was able to address highly complex issues from both legal and commercial perspectives.
Drawing on their extensive experience, they delivered outstanding work, contributed valuable insights, and proposed effective courses of action that greatly supported our decision-making process. They adapted quickly to unexpected developments and consistently provided timely and practical support.
It is also worth highlighting their ability to adapt to the dynamics of the automotive sector and provide commercially relevant advice. The team is composed of highly skilled associates who are dedicated, client-focused, and attentive to their clients' needs.” – M&A
“CE Partners, in association with Clifford Chance, provided very responsive and practical legal advice.” – M&A
“CE Partners, in association with Clifford Chance, combined strong technical expertise with a pragmatic, commercially aware approach throughout the process. What particularly stood out was the team's ability to manage complex, multi-stakeholder dynamics involving lenders, shareholders, and counterparties while remaining solution-oriented and responsive under significant time pressure.” – M&A
“CE Partners team, in association with Clifford Chance, demonstrated exceptional technical proficiency and deep subject-matter expertise. Given that the investment instrument involved preferred shares incorporating both equity and debt features, the deal required a legal counsel capable of navigating the complexities of both asset classes.” – M&A
“Alican Altiparmak demonstrated strong follow-up skills.” – Banking and finance
“Başar Kırca has excellent English language skills.” – Banking and finance
“Başar Kırca is a highly hands-on lawyer with significant negotiation skills.” – Banking and finance
“Overall, the experience of working with Başar Kırca was very positive.” – M&A
“Deniz Yetkin was highly practical and provided robust and helpful advice.” – M&A
“Ekin Öner performed exceptionally well as the associate on the deal, demonstrating strong analytical skills and robust execution capabilities. He was highly reliable and deeply involved in every stage of the transaction, including managing the complex documentation workstreams under tight timelines.” – M&A
“Ekin Öner is a great team player and delivered successful work by providing the necessary support throughout the process. He worked effectively and provided prompt services.” – M&A
“Gökçe Uzun is a highly hands-on lawyer with strong negotiation skills.” – Banking and finance
“Itır Çiftçi demonstrated strong leadership, commercial acumen, and excellent negotiation skills. Her standout strength is her ability to strike the right balance between robustly protecting our interests as defensive legal counsel and finding pragmatic, common ground to keep the transaction moving forward. During a highly complex negotiation phase, her calm demeanour and solution-oriented approach were pivotal in successfully finalising the transaction documents.” – M&A
“Itır Çiftçi is an excellent practitioner. She understands and observes the expectations and needs of clients successfully and manages the whole process delicately by providing the guidance needed by the client. Her performance not only shows that she is a great practitioner but also a highly qualified person who can enlighten critical and complex issues to smoothen the decision-making process.” – M&A
“Sait Eryilmaz demonstrates strong client management skills and provides effective supervision of the team.” – Banking and finance
“Sait Eryılmaz demonstrates deep sector knowledge and expertise.” – Banking and finance
“Sait Eryılmaz, a key partner within the team. In addition to his deep knowledge, his strong client relationships and the trust he instils in clients when resolving problems are among the main reasons to work with him.” – Banking and finance
“Sait Eryılmaz demonstrated strong leadership throughout the process and was particularly effective in managing and guiding complex discussions among multiple stakeholders. Beyond his technical legal expertise, he brought a pragmatic and commercially minded perspective that helped maintain momentum and alignment during critical stages of the transaction. He was responsive, solution-oriented, and able to navigate challenging dynamics in a constructive and professional manner.” – M&A
“Umut Özdoğan is a highly competent, dedicated, and qualified counsel. Throughout the project, he handled assignments carefully and efficiently, delivering strong results even in critical situations and under significant time pressure.” – M&A
“Utku Aydın is highly responsive and hardworking.” – Banking and finance
“Ünal Can Sarıkaş Ünal Can was responsive, diligent, and supportive throughout the process. He handled follow-ups, documentation, and coordination matters efficiently and demonstrated strong commitment and professionalism. His attention to detail and willingness to support the broader team contributed positively to the overall execution of the transaction.” – M&A
Develioglu & Dag is one of the oldest Turkish law firms established in 1953. The firm is headquartered in Istanbul. The firm offers legal advice to both domestic and international clients on different areas of law including banking and finance, M&A, and project development.
Highlights
In Banking the firm mostly advised on factoring deals for Tradewind Faktoring.
In M&A the firm advised on financial investment, acquisitions, and joint ventures across several industry sectors.
In Project development the firm advised on tender offers, public-private partnerships, licensing and permits.
Key clients
Alpha Calcit, Kobil, and Tradewind.
Testimonials
“"They demonstrated deep expertise in the mining sector and a strong knowledge of regulatory procedures, which was critical for our operations in Turkey. They guided us through a complex and highly regulated process with remarkable precision and efficiency.” – Project development Client
They were responsive and detail oriented. This gave us confidence. We also appreciated their ability to anticipate potential issues before they arose, ensuring a smooth and timely execution of our project." – Project development Client
“Uner Dag has deep sectoral knowledge. We benefited greatly from his calm authority and clarity.” - Uner Dag
Durukan+Partners
Established in 2017 Durukan+Partners is a full-service firm based in Istanbul, where it employs 14 lawyers including two partners. It is part of the First Law International Network.
Focusses / specialisms
Despite the firm’s recent establishment, it has a good offering for the size and age of the firm. It is active across financial and corporate law, advising local and international companies in banking and finance, M&A and project development mandates.
On the lender side, the firm primarily represents foreign banks, while borrower side transactions tend to be focused on Turkish companies with multinational shareholdings.
Project development has an expertise in cross border power and infrastructure deals.
Key clients
Among the clients of the firm are Alimentation Couche-Tard, Letterone Group and IMTIS Holdings, Scott Brownrigg and GMW Architects Partnership, China Development Bank, Arab Bank, European Arab Bank, Emaar Libadiye, Emaar Properties, IMTIS Holdings, Letterone Group, Qatalyst Partners, International Finance Corporation, Gebze, Adapazari and Izmir Power Project Companies and Ansaldo Energia.
Client feedback: 32nd edition (2022/2023)
M&A
"Durukan + Partners provides excellent, timely and practical advice."
Restructuring
"Durukan + Partners have provided good assistance and demonstrated realistic commercial solutions and understanding of our business. Advice is well researched and documented."
Established in 1968, Egemenoğlu is based in Istanbul, where it employs over 50 lawyers, including five partners.
Focusses / specialisms
The firm works well across financial and corporate law, with a particular focus on debt restructuring.
M&A and corporate work includes experience in mergers, de-mergers and investments. The team works in cross-border M&A and primarily assists clients on the buy side.
Key clients
Among the clients of the firm are Escar Turizm Taşımacılık Ticaret, Burcu Gıda Konservecilik ve Salça Sanayi, Delivers AI Robotik Otonom Sürüş Bilgi Teknolojileri, Derindere Fleet and Uludağ Türk.
Client feedback: 32nd edition (2022/2023)
Capital markets : Equity
"The experienced team of Egemenoglu managed to set the whole process and systematically worked towards the transaction until it was accomplished. Especially the ability interact effectively with authorities and to comprehend and respond rapidly th eneeds of authorities accelerated the process."
M&A
" Well aware of the relevant laws, advising to protect client's interests and rights, warning client about the negative aspects of the agreements."
Established in 1990, Erdem & Erdem is an independent, full-service firm which includes four international desks.
Focusses / specialisms
The firm works across all transactional practice areas, with a focus on banking and finance work, capital markets, M&A and project development, particularly in infrastructure.
Key clients
Some of the firm's key clients include holding companies, such as Yildrium Holding, who specalises in infrastructure and energy projects. The firm has also advised multiple Turkish banks, such as Türkiye Garanti Bankası, Akbank, Deutsche Bank and HSBC.
Research period review: 33rd edition (2023/2024)
In terms of banking work, the firm was active in banking, project finance, cross border loans, syndicated financing's and loan restructurings.
The capital markets team assisted bank regarding capital markets legislation.
The M&A team assisted on mergers, multi-jurisdictional acquisitions, and drafting share-purchase agreements.
Project development work included work on PPP’s and regulatory advice in industries like renewable energy, oil and gas and infrastructure.
Deal highlights: 33rd edition (2023/2024)
QNB Finansbank restructuring
Qazaq Soda €400 million project development
Established in 2016, Ergün Law Firm has offices in Istanbul and Ankara, where it employs nine lawyers, including three partners.
Focusses / specialisms
The firm is active in banking, particularly in financing energy and infrastructure projects. It represents international and local banks.
The M&A team assists clients in distressed M&A, as well as project acquisitions.
Key clients
Among the clients of the firm are ISS Global and ISS Tesis Yönetim Hizmetleri, Türkiye Kalkınma Ve Yatırım Bankası Anonim Şirketi and Economic Cooperation Organization Trade and Development Bank.
Client feedback: 32nd edition (2022/2023)
Project finance
"The company has a very experienced team in project finance transactions. They are very punctual and always solution-oriented."
Restructuring
"They are the expert of Turkish Law but not also Turkish law- they very well know the requirement/compliance/contradicts related to foreign law especially in terms of project finance and banking law."
Established in 1997, Esin Attorney Partnership is affiliated with Baker Mckenzie International, representing the firm in Turkey. It is based in Istanbul employing over 90 lawyers including 14 partners.
Focusses / specialisms
As one of the strongest firms in turkey, it is active in all areas of financial and corporate law. It is a market leader in banking, capital markets and M&A.
Banking is a prominent area for the firm, where it advises large, international clients, as well as local institutions, as borrowers and lenders, in acquisition finance, securitization, Islamic finance, loans and credit facilities.
The capital markets department is active in debt and equity markets, advising representing underwriters in Eurobond issues and green bonds. The team also advises clients in IPO’s and secondary offerings.
M&A work is a standout area for the firm, working on innovative deals for the jurisdiction on both buyer and sale side transactions.
The projects department is active in fiancé and development, representing sponsors and project companies. Work includes cross-border financing and PPP’s.
Key clients
The firm worked for banks like JP Morgan, Akbank and BNP Paribas. It advised Turkish conglomerate Koc Holding, ICT ICTA and Enerjisa Group.
Client feedback: 31st edition (2020/2021)
Bank lending: Borrower side
"They give 24 hours, 7 days service whenever needed. Their approach and attitude are very professional and kind."
Bank lending: Lender side
"They guide well without leaving any room for questioning further."
Banking and finance
"We are working with Muhsin Keskin as the head of the banking & finance team of Esin Attorney Partnership. He has a deep knowledge of banking and finance law-related matters. He has the ability to address complex situations and explore new structures. Also, while making necessary assessment to find legal solutions, he considers business needs as well. He is a really client-friendly, always accessible, hard-working, professional and disciplined legal adviser with a good attitude. He leads the banking & finance team of the law firm and the team members we are in contact with also display the similar attitudes to Mr Keskin."
Capital markets
"They are extremely up to date about the legislation and procedures. They are well organised, punctual in meeting the deadlines and easy to work with."
Capital markets: Debt
Experienced, knowledgeable, collaborative, accessible."
"They were easy to communicate with; gave clear, accurate information and opinions; were ready to discuss questions or give alternatives; facilitated decision-making; facilitated our contact with London when needed."
M&A
"Very responsive, solution-oriented, great characters to work with, very high integrity and professionalism."
"Very well versed in Turkish corporate law. Very good at analysing and managing interdependencies between corporate, stock listing and anti-trust law."
Project development
"They are quick and make to-the-point comments. They have expertise and good knowledge about the implementations in the sector."
Project finance
"Positive and supportive attitude, diligent work."
Key clients
Bek Ventures, Commerzbank, Limak Cement, Summa Construction, and Turk Oman Investment Fund.
Highlights
The firm advised Commerzbank on an ECA-covered financing provided to Atakaleres Elektrik Üretim for the capacity expansion of the Atakale Wind Power Plant. It also advised Limak Çimento and Limak İnşaat on the negotiation and structuring of a deferred payment agreement entered into alongside an EPC contract for a solar power plant project.
In the corporate space, the firm advised Bek Ventures on the sale of Apsiyon, a leading SaaS provider, to Aareon Group, a leading European provider of software solutions for the property industry.
Testimonials
“What sets Gen Temizer apart is its extraordinary responsiveness and 'can-do' attitude. The team worked 24/7 without hesitation to meet our demanding deadlines. Their deep-rooted expertise in capital markets allowed them to provide proactive solutions to complex legal hurdles. We were particularly impressed by the team’s accessibility and their ability to remain composed under high pressure. They don’t just act as legal advisors; they integrate themselves into the project like a core part of the internal team. Their commitment to excellence and their tireless work ethic made them stand out as a premier legal partner.” – Capital markets
“What stands out about Gen Temizer is the combination of deep capital markets expertise with a genuine commercial understanding of our business. It’s team’s capital markets lawyers navigated our IPO with a level of technical precision that gave us full confidence vis-à-vis the CMB and the regulators; they anticipated issues before they arose rather than simply reacting to them. Post-listing, they have effectively become an extension of our in-house team; the retainer model works because they know our business, our governance structure, and our risk appetite, which means their advice is practical and tailored rather than generic.
On the M&A side, in the Adapazarı Şeker acquisition, we have particularly appreciated their ability to lead complex negotiations while keeping commercial sensitivities in mind. They push hard where it matters but know when to be pragmatic. Partner involvement is consistent and substantive throughout, not just at the kick-off. Their response times, the quality of their drafting, and their willingness to give a clear view rather than hedge are the things that make them stand out from other firms we have worked with.” – M&A
“One of the things that distinguishes Gen Temizer is the team's ability to combine sophisticated project finance expertise with a highly commercial and solutions-oriented approach. Rather than focusing solely on legal analysis, they demonstrate a deep understanding of the commercial drivers, financing structures, allocation of risk, and practical realities of complex infrastructure and energy projects.
What also sets Gen Temizer apart is the senior-level attention provided throughout the engagement. The team combines international-standard legal expertise with an excellent understanding of the Turkish regulatory and commercial environment, which is particularly valuable for cross-border financings and large-scale infrastructure investments.” – Project finance
“Baran Gen manages client relations and does it very well.” – Project finance
“Berke Yalçın is a highly dedicated and detail-oriented professional who played a vital role in the execution of our IPO. He stands out with his exceptional speed and accuracy in drafting and reviewing complex legal documents. What impressed us most was his proactive communication; he consistently kept us informed and was always a step ahead of the potential requirements of the process. Even under extreme pressure and tight deadlines, Berke maintained a very positive and solution-oriented attitude. He is a true team player who goes above and beyond to help ensure the success of the project.” – Capital markets
“Berke Yalçın has been deeply involved in our IPO and in the ongoing post-listing compliance work, and he is also part of the team advising us on the Adapazarı Şeker acquisition. What stands out about Berke is the level of ownership he takes; he runs workstreams independently, anticipates what we will need next, and we frequently deal with him directly without having to escalate. His technical knowledge of the capital markets legislation and CMB practice is genuinely strong for his level of seniority; his drafting is precise, his analysis is clear, and he can translate complex regulatory points into practical guidance that we can act on. He is also extremely responsive and reliable when it comes to timing; when he commits to a deadline, it is met. On the M&A side, he has shown a real ability to handle transactional pressure and attention to detail. He combines technical strength with a calm, commercial manner that makes him very easy to work with. He is the kind of associate you trust with substance, not just process.” – M&A
“Dila Topuz is an exceptional partner who stands out with her remarkable 'hands-on' approach, which is rare at her level of seniority. She doesn't just supervise; she actively involves herself in the intricate details of the transaction, ensuring that nothing is overlooked. Her ability to simplify complex legal structures and provide clear, actionable strategic advice was crucial to our IPO process. She manages her team with great efficiency while maintaining a direct and accessible line of communication with us. Her dedication, legal acumen, and practical problem-solving skills make her one of the finest partners I have ever worked with.” – Capital markets
“Dila Topuz is genuinely outstanding. As a capital markets partner, she brings a rare combination of deep regulatory expertise, particularly on CMB practice and post-IPO compliance, with the commercial instincts of a seasoned M&A lawyer, which means she sees transactions in their full strategic context rather than just as a technical exercise. On our IPO, she was hands-on from start to finish; her command of the regulatory framework was such that we never felt exposed in front of the CMB.
Post-listing, she has been our go-to adviser on the full range of capital markets compliance and corporate matters, and her advice is consistently clear, commercial, and decisive. She takes a position rather than giving us optionality and leaving us to decide. What I particularly value is her availability and responsiveness at partner level: she is reachable, engaged, and personally involved in the substance of the work, not just supervising from a distance. She is also a strong negotiator: calm, well-prepared, and effective in finding solutions when discussions become difficult.” – M&A
“Göze Yıldırım is an exceptional project finance lawyer who combines outstanding technical expertise with a highly commercial and solutions-oriented approach. She has a remarkable ability to navigate complex financing structures, coordinate multiple stakeholders, and deliver pragmatic advice under demanding timelines. We value her responsiveness, attention to detail, and deep understanding of both lender and sponsor perspectives, which allows her to anticipate issues and find practical solutions before they become obstacles. Her calm leadership, strong negotiation skills, and commitment to achieving successful outcomes make her a trusted adviser on sophisticated domestic and cross-border financing transactions.” – Project finance
“Ömer Erdoğan has impeccable knowledge of finance deals.” – Project finance
Gide Loyrette Nouel is a corporate law firm with an office in Istanbul for more than 20 years. It’s part of the international law firm Gide Loyrette Nouel which today has more than 500 lawyers spread across 11 offices.
Focusses / specialisms
The firm is active in banking and finance and corporate and M&A.
Key clients
Among the clients of the firm are Türkiye Sigorgota, The Export-Import Bank of China, Société Générale, Union Bancaire Privée, Euler Hermes, Carel Industries, Believe International and Webhelp.
Gokce is an Istanbul based law firm established in 2010. It’s a member of Interlaw. The firm offers a broad range of legal services to diverse clientele The firm has notable Turkish qualified legal practitioners with expertise in cross-border and domestic transactions. The deal team is being managed by partner Görkem Gökçe. The firm is particularly active in M&A practice where it is renowned for its specialty in technology and media law.
Highlights
The firm advised Trendbox Innovatıve Solutıons Teknoloji Ticaret Anonim Şirketi on the financial investment by Blue Hub Ventures.
Key clients
Carbon Health Inc, Figo Ticari Bilgi ve Uygulama Platformu, Neo Auvra Dijital Sağlık ve Biyonik Teknolojileri ve Hizmetleri Sanayi ve Ticaret Anonim Şirketi, Searover Robotik ve Yazılım Anonim Şirketi and Trendbox Innovative Solutions Teknoloji Ticaret Anonim Şirketi.
Testimonials
"What we appreciate most about Gokce Attorney's services is their deep understanding of the legal landscape in the investment and startup sector. Their offerings are comprehensive, covering everything from contract negotiations to compliance and regulatory advice. The team is highly knowledgeable and approachable, always providing timely and practical solutions tailored to our needs. Their expertise in navigating complex legal issues with precision and their proactive approach in anticipating potential challenges make them stand out." (Investment Funds Client)
“Preparing the Agreement in dual language (TR/ENG) and communication among the parties.” (Investment Funds Client)
“They have so much expertise about start up and scale up technology companies' all respective law issues. Especially valuation, dilution, vesting, phantom stock, SAFE, convertible debt etc.” (Investment Funds Client)
"We greatly appreciate Gokce Attorney Partnership’s ability to provide solutions across various legal domains, thanks to their specialized teams and strong legal connections. Their dedication to our projects, coupled with their experience and precision, gives us confidence in every step we take. Their support in navigating global legal jurisdictions, which can be challenging to find in Turkey, is particularly commendable." (M&A Client)
“First of all, Gökçe has a deep understanding of the technology business legal infrastructure. They have qualified and diverse professionals working closely with us. They clarify the cases and advise on the possible solutions effectively. Also, their energetic team communication skills are tremendous. Timely and effective support makes us feel secure for the MA processes.” (M&A Client)
“I liked their thoughtfulness, promptness, and thoroughness, particularly in the areas of describing norms for the local market vs. norms for cross-border transactions in the market.” (M&A Client)
“We've been working with Gokce since our establishment; therefore, our primary focus is their team and their expertise in our field of operations.” (M&A Client)
“Timeously responding and her dedication to client is perfect every time.” Ayse Altundal, Firm Lawyer
“Barış is the senior member of the MA team, he has good leadership in the processes.” - Barış Can Şeki, Firm Managing Associate
“Drafting, negotiating, and Positioning.” Barış Can Şeki, Firm Managing Associate
“Başak Taş excels in her ability to navigate complex legal issues with precision and clarity sets her apart. She is exceptionally responsive and proactive, ensuring that our needs are met with the highest level of professionalism. Her strategic insights and strong communication skills make her an invaluable asset to our legal processes.” - Başak Taş, Firm Senior Associate
“Görkem Gökce excels in providing clear, concise, and actionable legal advice tailored to our specific needs. He has a remarkable ability to break down complex legal jargon into understandable terms, making it easier for us to make informed decisions. Görkem is highly responsive and consistently meets deadlines, ensuring that our legal matters are handled promptly and efficiently. His deep understanding of the investment and startup landscape allows him to anticipate potential issues and offer proactive solutions. Additionally, Görkem's strong negotiation skills have been invaluable in securing favorable terms for our contracts and agreements. His approachable demeanor and commitment to our success make him a trusted advisor and an integral part of our team.” - Görkem Gökce, Firm Managing Partner
“Very responsive, good communication skills.” - Yağmur Yollu, Firm Senior Associate
Güleryüz Partners is an Istanbul-headquartered full-service law firm established in 2015. The firm also has an office in Ankara. The firm is member of Eurojuris International, enabling it to connect with other law firms and offer legal services to clients in more than 50 jurisdictions. The firm has a team of about 20 Turkish qualified legal professionals with experience in advising on local and international transactions. The firm is particularly known for its banking and M&A practice.
Highlights
The firm advised Mercan Kimya Sanayi ve Ticaret on its $1 million acquisition of 30% stake in Fevup Brands.
Key clients
Mercan Kimya Sanayi ve Ticaret and Tiryaki Agro Gıda Sanayi ve Ticaret.
Testimonials
"They can evaluate every process from 360 degrees and be prepared for various alternatives. In addition to their very valuable immediate legal support, they also provide advice by considering many angles, including secondary legal impacts, relationship with counterparties and authorities, other potential consequences of each decision etc." (Banking Client)
"Güleryüz Partners has a business-mind as well as being always dependable regarding correct legal advice. Their assistance in structuring the deal does not solely rely on legal terms and how the process should be run on a legal end but are also very quick to respond to the requests regarding the business aspect of the deal." (Banking Client)
"Very professional services, good inter-cultural communication, excellent services." (Restructuring Client)
“Yasemin is always responsive, very well at meeting deadlines and is able to find a compromise in matters that sometimes seem like a deal-breaker on a business end. She is able to set the tone in a discussion and is very persuasive as to structuring a deal.” - Yasemin Keskin, Firm Senior Associate
“Excellent communicator She perfectly understands the needs of our firm and adapts to it, taking into account a business perspective (not just legal). She is one of the best legal advisors I have worked with worldwide.” Yasemin Keskin, Firm Senior Associate
“Zahide is very well educated, had in depth experience, very focused, able to evaluate situations from very broad perspectives, add great value not only with her legal advice but also with her ability to negotiate fairly that makes her to be respected a lot by her counterparties.” - Zahide Altunbas Sancak, Firm Partner
Established in 1996, Güner Law Office operates out of its Istanbul office and a smaller office in Ankara.
Focusses / specialisms
The firm is known for its banking and finance work, as well as its M&A and project development practices. Its banking practice advises lenders and borrowers in loans and trade financing and is also active in project finance.
Key clients
Among the clients of the firm are Limak Çimento Sanayi ve Ticaret and Limak İnşaat, Öksüt Madencilik Sanayi ve Ticaret, Egis Tünel İşletmeciliği, Ferro Corporation, Huhtamäki Holding, Syneos Health and Öksüt Madencilik Sanayi ve Ticaret.
Client feedback: 32nd edition (2022/2023)
Project development : Mining
"Reactive."
PPP/PFI
"Prompt feedback. Proactive approach. Strong background."
Highlights
The firm advised a client on its $10 million acquisition of shares in a company in Austria. The firm assisted with the legal due diligence and reviewed the transactional documents.
In project development, the firm advised a client on the development of a residential real estate project by a prominent Turkish construction company.
Testimonials
“Hansu provides direction on law and legislation issues.” – Investment funds
“Ata Torun is very professional.” – Investment funds
Key clients
Commerzbank, Industrial and Commercial Bank of China, International Islamic Trade Finance Corporation, Japan Bank for International Cooperation, and Taiwan Cement Corporation.
Highlights
The firm advised Blackstone on its equity investment and related debt financing for Dream Games, the Turkish mobile gaming company behind the globally successful titles Royal Match and Royal Kingdom.
The firm also advised Apollo Management on its acquisition of an indirect stake in a subsidiary of BP Exploration Operating Company, and advised Chryso, a Saint-Gobain group company, on Saint-Gobain's acquisition of Fosroc, a major cross-border transaction in the construction chemicals sector.
Testimonials
“Herguner Bilgen Ucer Attorney Partnership’s Kayra and senior team’s expertise, together with their hands-on, top-level involvement, brings different perspectives and out-of-the-box thinking. Additionally, they respond quickly and have a very positive attitude.” – M&A
“Herguner Bilgen Ucer Attorney Partnership has a very knowledgeable team led by the excellent Deniz Tuncil. The associates are superb. The team is very responsive and technically strong.” – M&A
“Başak Ceylan Etik is a very capable lawyer who did a superb job managing various strands of the transaction.” – M&A
“Deniz Tuncel is extremely responsive and has an in-depth knowledge of the Turkish M&A market. He is a very solution-oriented and highly commercial lawyer.” – M&A
“Destina Bilimli is a great associate. She is very hardworking and responsive.” – M&A
“Kyra Ucer is a top M&A lawyer with great negotiation skills.” – M&A
“Tolga İpek is a good team member.” – M&A
Founded in 2011, İçtem Legal is a full-service firm with an office in Istanbul. It is a member of InterLeges a legal alliance with global connections.
Focusses / specialisms
The firm is recognized for its work in banking and M&A.
Banking work includes advice to borrowers and lenders in local and cross-border financing.
Key clients
Notable clients for the firm include Credit Suisse, European Bank of Reconstruction and Development, Turbomach. It also assists Turkish subsidiaries Volvo Financial Services and Danone Group Companies.
Client feedback: 31st edition (2020/2021)
M&A
"Strategic thinking, diligence, responsiveness, execution."
İnal Ünver Attorney Partnership, formerly Inal Kama Avukatlik until October 2020, and prior to that Bilgiҫ Avukatlık Ortaklığı in 2019, is an Istanbul based law firm. It had been the partner firm of global firm Norton Rose Fulbright up until September 2021.
Focusses / specialisms
The banking team is well regarded, advising clients on cross-border financing, loan restructuring and loan issues, as well as Islamic finance.
The M&A team advises on cross border deals. Stand out sector strengths include fintech, green finance and technology.
Key clients
Key clients for the firm include conglomerates like Koç Holding and its subsidiaries Avis Greece, AES Entek and Migors. Other clients include, Sandstorm Gold and Brookfield.
Client feedback: 31st edition (2020/2021)
Bank lending: Borrower side
"They are well equipped and have significant experience in this type of project and therefore are able to provide timely and valuable advice."
KECO Legal is an Istanbul-based independent law firm based in Istanbul established in 2019. and supports its clients in all key areas of law. The firm provides legal services with a client-oriented perspective and provides legal solutions from an effective and commercial point of view. The deal team is made up of prominent young and vibrant legal practitioners who are expert in their respective practice with specialty in solving complex legal issues. The firm is known for its practice in banking and M&A.
Highlights
The firm advised Kabkom and its shareholders in acquisition by Hexpol AB of 80% share capital in Kabkom.
The firm also advised Cypher Games and its founders as lead transaction counsel in its bridge investment round, securing an aggregate investment of $10 million.
Key clients
Constructor, Hiwell, Kabkom, Param, and Teknochem.
Testimonials
“They’re always fast and excellent negotiators. In situations where I would normally settle for lower terms, they help me stand my ground and secure much better deals. At the same time, their global law firm network enables us to operate internationally and manage cross-border legal matters effectively.” – Investment funds Client
“Excellent services. They are fast and they know what they are doing.” – M&A Client
“They are fast and practical.” – M&A Client
“What makes them stand out is the quality of their legal services at an international standard while their prices are competitive similar to local firms. Their partners are always reachable and hands-on, while their associate team is responsive and knowledgeable. KECO overall have a solution-oriented approach and provide commercially viable solutions for complex legal matters that we encounter.” – M&A Client
“What stands out about KECO Legal is the responsiveness of the entire team, their strict adherence to deadlines, and their strong commercial awareness. During negotiations, they don't just assess issues from a purely legal perspective but also provide comprehensive evaluations that take into account the client's broader commercial interests. This ability to balance legal precision with commercial practicality adds significant value to their support.” – M&A Client
“What truly sets them apart, however, is their deep experience with startups, scale-ups, and M&A transactions. Despite having U.S. local counsel involved, I place such strong trust in KECO Legal that I do not move forward on any key strategic matters without first consulting them.” – M&A Client
“Exceptionally responsive, commercially pragmatic, and fluent in cross-border M&A.” - M&A Client
“He knows how to be strategic for the business decisions and success. He work not for higher profits, but for the success of the business — which makes them the kind of partner you’ll want to work with for many years.” – Berk Cin
“He is practical and hands on.” – Berk Cin
“Berk Cin couples deep technical know-how with swift, reliable responsiveness—he anticipates issues, proposes pragmatic solutions, and keeps communication clear and timely.” – Berk Cin
“Ozkan has an extensive legal and business background with extensive market knowledge in Turkey. He possesses great communication and negotiation skills, which is very critical as a financial advisor to have on our side on the deal.” – Özkan Özdoğan
“Özkan Özdoğan is highly regarded for his ability to navigate complex negotiations with a calm and composed approach, consistently securing strong outcomes for his clients. His in-depth knowledge across various legal domains allows him to deliver well-rounded and insightful advice. Coupled with his entrepreneurial mindset, he goes beyond standard legal guidance to offer strategic, client-specific solutions that align with broader business objectives.” – Özkan Özdoğan
“He stands out for his unique ability to combine sharp legal expertise with a calm, solutions-oriented approach — a rare and invaluable combination in high-pressure transactional environments. His exceptional negotiation skills consistently lead to favorable outcomes, even in the most complex and time-sensitive deals.” – Özkan Özdoğan
He has built a responsive, collaborative team at KECO Legal, and his leadership ensures that the client’s experience is seamless and personal. Working with him feels like having a strategic partner at the table — one who genuinely cares about outcomes, not just deliverables." – Özkan Özdoğan
“Özkan Özdoğan stands out for his ability to identify legal and commercial risks early, communicate them clearly, and offer pragmatic, business-focused solutions. He is particularly effective in cross-border transactions, managing complex regulatory issues and coordinating with international stakeholders seamlessly. His responsiveness, legal precision, and client-first approach make him a trusted advisor.” – Özkan Özdoğan
Based in Istanbul, Kolcuoğlu Demirkan Koçaklı is a full-service firm founded in 2007, that employs approximately 80 lawyers, including eight partners. It is part of several legal associations including South East Europe Legal Group, Energy Law Group and Cathay Associates, to name a few.
Focusses / specialisms
The firm has a notable financial and corporate offering, advising in banking, capital markets and projects. The firm is particularly well known for its Islamic financing and M&A work.
The banking team is very capable, advising clients on complex loan agreements, refinancing deals and project finance. A notable area of work for the firm is Islamic finance, where it has experience introducing new products to the market.
The firm known for its M&A practice, where it assists on cross-border deals for local and international clients. It advises buyers and sellers on strategic and private equity acquisitions.
Projects work stands out of its energy and infrastructure departments. The energy team advises on power, natural gas, renewables and nuclear energy projects. The infrastructure team has good experience with PPP projects, in particular infrastructure related to energy projects.
Key clients
Among the clients of the firm are ORIX, QTerminals, Aquaman and Murat Can Ertöz, Blutv, Ema Kimya, Glencore and TPI Composites.
Client feedback: 32nd edition (2022/2023)
Financial services regulatory
"They are knowledgeable efficient and very responsive."
Private equity
"Well-organized, trustworthy, has a very strong partner in deals on the table, detail-oriented, strategic thinking."
Koç Attorneys at Law is a Turkish independent law firm headquartered in Istanbul. The firm has offices in Bodrum and Antalya. The firm advises on a broad spectrum of business law issues. The firm has a team of Turkish legal professionals with expertise in advising both local and international legal transactions. The team is led by managing partner Alper Koç. The firm is particularly known for its M&A practice where it advises mostly on financial investments.
Key clients
Ecomercek Analiz ve Danışmanlık Hizmetleri, MBC Group - Middle East Broadcasting Center, Milvus Robotic, O3 Medya and QInvest Portföy Yönetimi.
Testimonials
(2024/2025)
"They were on time well prepared. The team is experienced and well educated." (M&A Client)
"They are incredibly personable, thorough and always happy to help." (M&A Client)
“Very commercially oriented. Know the TMT industry inside out.” (M&A Client)
“They are all very knowledgeable lawyers in any field. They have IP/IT/media knowledge and many more specialties. They have the confidence, and they give you the concise advice you are looking for.” (Project development Client)
“He was knowledgeable, personable and excellent to work with.” - Alper Koç, Firm Partner
“Client management and industry insights, liaising with the other shareholders.” - Alper Koç, Firm Partner
“His continuous dedication to represent mbc and its interests and keeping mbc up to date with all market trends and risk factors.” - Alper Koç, Firm Partner
“He is well experienced, on time and very responsive.” - Aşkın karaduman, Firm Partner
KP Law is an independent corporate law firm based in Istanbul. The firm has a dynamic team of over 55 legal professionals. The deal team is led by managing partner Onur Küçük, who has over 20 years of experience in advising on public and private mergers and acquisitions, private equity transactions and corporate restructurings. The firm is active in M&A practice area where it advises on acquisitions and financial investments.
Highlights
The firm notably advised Tatneft on its $320 million acquisition of 100% shares in Aytemiz Akaryakıt from Doğan Holding and the Aytemiz family.
The firm also advised Bupa Turkey Sağlık Hizmetleri Anonim Şİrketi on its 100% acquisition of CGM Turkey from the CGM Group.
The firm advised TEKMARMARA ENERJİ ÜRETİM ANONİM ŞİRKETİ on its 100% acquisition of Babadağ Elektrik Üretim Sanayi ve Ticaret.
Key clients
Al Mazaya Holding, Bupa Turkey Sağlık Hizmetleri Anonim Şirketi, E20 Invesment, İş Girişim Sermayesi Yatırım Ortaklığı Fonu and Tekfen Holding Anonim Şirketi.
Testimonials
"Their legal knowledge and understanding helped us during process. In addition, they were very proactive and took the responsibility of the whole process. They assessed the risk, informed us and proposed the alternative solutions." (M&A Client)
“Follow-up and risk assessment.” - Ekin Kotan, Firm Partner
Key clients
IFC, Superonline, Turkcell, Turkıc Investment Fund, and Türkiye Halk Bankası.
Highlights
The firm advised Turkcell on a $350 million ECA-backed non-recourse financing provided by China Development Bank and supported by the Chinese export credit agency, Sinosure. It also advised the client on a USD 150 million Sharia-compliant Murabaha financing facility provided by Dubai Islamic Bank.
The firm further advised Halk Bank on its issuance of $700 million Reg S 9.300% Perpetual Fixed Rate Resettable Additional Tier 1 Notes.
Testimonials
“Professional, 24/7 support, solution-oriented approach.” – M&A
“Superb, responsive and clever team.” – M&A
“A few things genuinely stood out. They're fast — not "we'll get back to you" fast, actually fast. Communication was always clear and direct, no legal jargon for the sake of it. What I appreciated most was the accessibility: you could actually reach the partners when it mattered, not just junior associates. And there's a real sense that they take ownership of your problem, not just their piece of it.” – M&A
“We appreciated Kilinc Law & Consulting’s strong coordination throughout the project, particularly their ability to work efficiently with multiple advisers and align their input with the overall transaction timeline. Their team was responsive, well-organised, and proactive in managing communications, consolidating comments, and ensuring that local law input was provided in a clear and timely manner. This coordination-focused and collaborative approach made the overall process smoother and more efficient.” – M&A
“Kilinc's lawyers are incredibly comprehensive in their approach, very responsive and able to cover legal issues from a very practical perspective.” - Restructuring and insolvency
“Demet Ozkahraman Akcaalan is particularly strong in managing communication and coordination across different jurisdictions. She is responsive, organised, and effective in bringing together input from various teams, while ensuring that jurisdiction-specific issues are clearly addressed and aligned with the broader project requirements.” – M&A
“Duygu Dogan is always reachable and sharp on the details. She brings real expertise to the table and explains things clearly without overcomplicating it. You can tell she knows her stuff, and getting to her is never a hassle.” – M&A
“Eren Dundar is very responsive, being available to help us navigate an urgent situation.He is able to advice on a number of practical issues and brings real expertise to the table.” - Restructuring and insolvency
“Levent Kilinc is solution oriented, always has creative ways to overcome issues, always helpful, hardworking.” – M&A
“Levent Kilinc understands Turkish law.” – M&A
“Levent Lezgin Kılınç is really accessibile, not "my assistant will schedule a call" kind of thing. He builds a genuine relationship, takes ownership end-to-end, and moves fast without cutting corners. You're never left wondering who's handling what.” – M&A
“Seray Ozsoy communicates very effectively on complex issues across different jurisdictions. She is able to coordinate input from various parties, clearly explain jurisdiction-specific points, and keep the overall workstream organised and aligned with the project timeline. Her responsiveness, clarity, and practical approach make cross-border collaboration smoother and more efficient.” – M&A
“Seray Ozsoy owns her projects start to finish. There's no dropping the ball halfway through — she sees things to closure and makes sure nothing falls through the cracks. Reliable in a very practical, no-drama way.” – M&A
Key clients
DNM Textile San. Ve Tic and Eroğlu Holding.
Highlights
The firm advised Eroğlu Holding on the $50 million, $15 million and $10 million financings provided by Arab African International Bank.
Moral | Kınıkoğlu | Pamukkale Attorney Partnership is a full-service independent Turkish law firm whose history could be traced back to 1968. The firm used to be known as "Moral & Partners" until recently when it rebranded. The firm has offices in Istanbul and Izmir and has a team of about 70 professionals. The team of legal professionals is led by managing partner Vefa Reşat Moral. The firm is active in M&A where it advises on acquisitions and financial investments.
Highlights
The firm advised Koç Holding and shareholders of the Tat Gıda Sanayi Anonim Şirketi on the $80.9 million acquisition of 49.09% of the shares in Tat Gıda Sanayi Anonim Şirketi.
The firm also advised Cüneyt Ersin, Gediz Ersin, Abdullah Selahattin Tosuner and Yonca Tosuner on the acquisition of 100% of shares in Univera Bilgisayar Sistemleri Sanayi ve Ticaret Anonim Şirketi and Univis Bilişim Destek Hizmetleri Sanayi ve Ticaret to Türk Elektronik Para Anonim Şirketi.
Key clients
Alkima Girişim Sermayesi, Kimteks, Koç Holding -Tat Gıda, TFI TAB Gıda Sanayi ve Ticaret Anonim Şirketi and Univera.
Testimonials
"Moral acted as an integral part of the overall process rather than only a lawyer. They were always responsive, on time and on top of details with a solution-oriented mindset." (M&A Client)
“She was always accessible with solutions and positive attitude. she was on top of her team and details.” - Serra Haviyo – Firm Partner
Key clients
Gedik Investment Securities, Konelsis Energy, Pek Food, Seğmen Kardeşler Food Production and Packaging Industry.
Testimonials
“Professionalism, experience, deep knowledge, promptness.” – Financial services regulatory
“Özge Okat has a deep knowledge of banking, regulatory and corporate legislation. He is highly experienced, business oriented, and solution driven. He is deemed as highly trusted and responsible.” – Financial services regulatory
Key clients
EBRD, IFC, TSKB, Turkcell, andTürkiye Halk Bankası.
Highlights
The firm advised an international syndicate led by Bank of America, BNP Paribas and Société Générale on a $600 million loan to Koç Holding. The firm also advised Bank of America Europe and ING Bank, as mandated lead arrangers, and First Abu Dhabi Bank, as agent, on a $500 million loan extended to Türkiye Petrol Rafinerileri.
The firm advised Turkcell on its issuance of $1 billion in unsecured and unsubordinated notes, comprising $500 million 7.450% notes due in 2030 and $500 million 7.650% sustainable notes due in 2032.
Testimonials
“The team is always very reactive, providing considered, well-structured and reasoned legal advice and practical solutions to issues arising on transactions.” – Banking
“Very responsive and easy to understand.” – Banking
“Experienced.” – Banking
“Insight into market practice as well as the philosophy and approach of government agencies and regulators to drive detailed and practical analysis beyond black letter law.” – Capital markets
“Paksoy team is very knowledgeable on capital markets; they know the market and regulations inside out. They are always very responsive.” – Capital markets
“Hands on approach, very knowledgeable, quick in response time.” – Capital markets
“Attention to detail, reactive, breadth of the service, great antitrust team.” – M&A
“Excellent response and document handling.” – M&A
“Batuhan Sevinc is a quality lawyer who drafts well and explains Turkish law well.” – Banking
“Beril Paksoy works efficiently and responds to queries in a timely manner.” – Banking
“Bülent Ozturk is an all-around problem solver.” – Capital markets
“Enes Bayram is very solution focused – uses highly developed lateral thinking skills to unravel knotty problems in a thoroughly practical way.” – Capital markets
“Merve Kurdak is a very knowledgeable lawyer, she knows both capital markets and banking and finance very well. She is very responsive and client oriented.” – Capital
markets
“Muhammed Tosun is efficient and responds in a well organised and timely manner. He considers the best solutions to close the transaction.” – Banking
“Omer Collak has excellent market knowledge and insight into regulator's thinking – advice is pragmatic and solution oriented.” – Capital markets
“Omer Collak is a seasoned Turkish lawyer and knows his subject very well.” – Capital markets
“Ömer Çollak is an all-around problem solver.” – Capital markets
“Sera Somay is a great lawyer. Her analytical skills are excellent, and she explains problems/solutions very eloquently. She is the person to have on your side to manage complex transactions.” – Banking
“Sera Somay is helpful and responsive.” – Banking
“Sera Somay is experienced and provides good advice on Turkish law.” – Banking
“Sera Somay is a seasoned, business minded Turkish lawyer, she is very knowledgeable in banking and finance.” – Capital markets
“Sera Somay is an all-around problem solver.” – Capital markets
“Sibel Postacıoğlu is a mid-level attorney and she provided wonderful insight and kept track of all details.” – M&A
“Stephanie Beghe Sonmez does overall client management well.” – M&A
“Zekican Samli is very helpful and responsive.” – Banking
“Zekican Samlı, amongst all the complex documents, protected all our benefits.” – M&A
“Zeynep Toma is a great lawyer with attention to detail, hardworking, quality of service equivalent to London/New York lawyers.” – M&A
Key clients
Citigroup Global Markets, Goldman Sachs International, International Finance Corporation, J P Morgan Securities, Merrill Lynch International, and Morgan Stanley & Co.
Highlights
The firm advised International Finance Corporation on the €550 million sustainability-linked facility provided to Türkiye Şişe ve Cam Fabrikaları.
The firm advised a group of underwriters, including Citigroup Global Markets and J.P. Morgan Securities, on a series of transactions, including the issuance of $3.5 billion notes and $2.5 billion notes by the Republic of Türkiye.
Testimonials
“Responsive and Mete Yegin is an excellent banking and finance partner.” – Banking and finance
“They are very attentive and keen to help.” – Banking and finance
“The team has good depth and are responsive to requests from lead counsel and clients.” – Banking and finance
“The team was responsive and supportive throughout the process. Despite the limited timeframe, they made significant efforts to meet deadlines and provide the necessary support to help keep the IPO process on track. Their commitment and availability during critical stages of the project were appreciated.” – Capital markets
“Beliz Inpinar is very friendly and knowledgeable.” – Banking and finance
“Mete Yegin is concise, gives practical advice that gets to the heart of the issue.” – Banking and finance
“Muhammet Fatih Özcan was highly supportive throughout the process. He was consistently accessible, responded to our questions promptly, and played an important role in ensuring coordination between the parties involved. His responsiveness and commitment, especially during time-sensitive stages of the IPO process, were greatly appreciated.” – Capital markets
“Ulde Zeren Çetindağ was professional and supportive throughout the process. Communication was maintained when needed, and efforts were made to address questions and assist during different stages of the project.” – Capital markets
Pekin & Bayar is one of Turkey's oldest law firms, established in 1946. It has offices spread across Turkey – in Istanbul, Izmir, Ankara and Adana, with 11 partners and 70 lawyers total, making it one of Turkey's largest firms.
Focusses / specialisms
It is a full-service firm, with experience serving both international and local clients, across industries. The firm has a particular expertise in corporate M&A and refinancing transactions, but has also advised in capital markets work.
Key clients
Some of the firm's clientele includes Unifree Duty Free, the British bank RBS and the Czech conglomerate CEZ, as well as Japan’s Nippon Paint.
Research period review: 31st edition (2020/2021)
The banking team assisted lenders in drafting agreements, refinancing, restructuring and project financing agreements.
The capital markets department assisted book runners and agents in a variety of industries, in capital markets work. In addition, the team represented controlling shareholders in the IPO of Arzum.
In terms of M&A work the team at the firm represented buyers and sellers in joint ventures, share acquisitions.
Deal highlights: 31st edition (2020/2021)
Arzum IPO
Project Zen
Client feedback: 31st edition (2020/2021)
M&A
“During unprecedented times of the pandemic, they have done their outmost to negotiate between partners on a virtual setting and were of highest ethical lead in the process.”
“Prompt actions, keeping dead-lines, professional, providing estimates / fixed prices as required, good project management and assistance.”
“Very competent and friendly, good response times.”
Ergin Mizrahi
“He is very business-focused and strong in helping in difficult litigation and dispute resolution issues: He can easily understand client needs and provide effective legal options. Overall, he is very attentive and efficient.”
Ferhat Pekin
“He is very client-focused, has depth knowledge in corporate law and can provide creative solutions.”
Senem Golge
“Extremely efficient and service minded. On top of matters from over all perspectives and down to details. A pleasure to work with and a very good help in long-term projects with her assistance to the project manager, not only on the legal side but also for her administration and for moving projects forward.”
Selin Bayar
“Selin's relentless approach to problem solving, ethical view and her knowledge in the clients' need is impeccable.”
Penezoglu Law Firm is a corporate law firm founded in Istanbul in 2003. It has a team of 19 lawyers.
Focusses / specialisms
The firm is active in corporate and M&A and has experience in capital markets. The capital markets team advises on IPO matters. The corporate and M&A team is experienced in advising mostly targets and sellers on acquisitions.
Key clients
Among the clients of the firm are Istanbul Portföy Yönetimi Anonim Şirketi, Inveo Yatırım Bankası Anonim Şirketi, Nefes Ekolojik Yatırımlar Anonim Şirketi, Beybadem Tarım Yatırımları Anonim Sirketi, Şefik Emir Yargıcı and Seda Yargıcı.
Sayin Law & Consulting is a full-service law firm based in Istanbul.
Focusses / specialisms
The firm has a focus on project development and actively serves clients in the oil and gas sector. The firm assist clients in buying-selling, trade and contracts and restructuring projects
Key clients
Key clients of the firm include SOCAR, TP Petrol Dağıtı, Total Oil, Milan Petrol Dağıtım and Itelligence Bilgi Sistemleri.
Client Feedback: 31st edition (2020/2021)
Asset finance
"Have been in the business for 55 years."
Investment funds
"Updates about energy market regulations."
M&A
"Sayin Law has strength across all key pillars of law of contracts besides energy law. As a law firm that has strength across country, they provided us with consultancy during our overseas purchases and all related contractual relations. The firm's contract law expertise is equally comprehensive as their energy law expertise. As a law firm, they are well experienced in petrochemical issues and they helped in most practical ways that allowed us to comply with the local legislations and regulations of Turkey. As a German-Turkish owned company, local and international experience is crucial for us. Diversity is what brings Sayin Law to the fore. With their deep bench that has strength across country, they can provide legal service everywhere in Turkey. They are strengthening their collaboration every day and that team spirit reflects credit on their work. Keeping this spirit is important especially while growing. "
Project development: Energy
"Sayin Law & Consulting has a team which has lots of skill sets such as analytical and creative thinking. Although it is hard to get easy-scannable reports and informative annotations while doing such business, they do a good job to deliver the work ideally. It is important to reach quick annotations and answers from our affairs while doing such important work in the oil & gas industry. In this sense, because the young associates of Sayin Law & Consulting are quick-thinkers and ambitious, they have a collaborative and coherent team to deliver immediate delivery. The most important innovative feature that distinguishes Sayin Law & Consulting from other law firms is risk calculation techniques. Especially for our company, it is important to be able to anticipate the negative effects of legal cases. Sayin Law & Consulting makes a significant contribution to our company's ability to see financial risks by making risk analyses as close to the possible outcome in terms of each lawsuit. "
"Sayin law firm works very professionally - our corporation has been working with this team since the beginning of 2020 and we are pleased about their working style. The lawyers are solution-oriented. As a lawyer, I am very strict with my work discipline and with the Sayin Law & Consulting, I work with the lawyers who have the same work discipline as me. In case of a crisis, when I communicate with them I always get quick feedback. I always trust their solutions because they perform deep work in each case. "
"They are always very direct, honest and informative in their approach. Through their extensive experience, they are quite impressive in recognising potential risks and pitfalls in legal proceedings. We are completely satisfied in all aspects of our collaboration. Although our company serves in the energy sector, it tries to make a difference in the sector with technological initiatives in accordance with today's requirements. In this direction, it is a law firm that has the competence in the field of informatics and provides the integrity of representing us safely with its expertise in the field of energy law. Sayin Law has a structure that complies with all these requests. For this reason, Sayin Law is different from other law firms. They have a vision ready for the era and the future. With their fast legal solutions and their constant support, they enable us to take a safe path in our initiatives. The happiest point at Sayin Law is that we have been working with the same lawyers for a long time. There is a practical approach. Although Sayin Law gets closer to the market at some points in terms of wages, it may remain high from time to time. On the other hand, we do not hesitate to work with them due to their transparency in invoicing the services provided and the quality of the service received. The innovative structure of our company shows itself mostly in the field of technology. In this direction, it is important to meet and integrate with each of our business partners on the same ground. Sayin Law, in order to provide us with legal consultancy services all over the world, shows this with video conferences, various legal softwares and information and report presentations. "
"We have been working with Sayin Law & Consulting for three years. Founding partner Murat Sayin is a key name in the energy practice area. We can clearly say that Mr Sayin and his team managed the process very well in many of the projects that are important for us. We are always fascinated by the responsiveness of its associates. Sayin Law & Consulting has deep legal knowledge and understanding of complex legal projects. Sayin Law & Consulting provides the best legal service with its associates in several cities in Turkey. Sayin Law & Consulting makes up-to-date reports on litigation and execution proceedings. We specifically make use of energy law bulletin that covers current issues related to the energy sector. "
"As the group manager, determining the risks of our company and determining the measures that can be taken within the scope of these risks are important for me. In this context, receivables of a company affect the financial statements. In this direction, I rely on Sayin Law for the rapid progress and follow-up of the current legal processes. Detailed reports that they prepared in every format requested, guide our prospective commercial plans. Sayin Law's extensive knowledge of the energy sector enables us to get a legal consultancy that we always need. In addition, Sayin Law provides us in-house legal assistance by recruiting associates. Thus, we have the opportunity to work closely and effectively. Especially law firms working in the private sector cannot provide daily consultancy services effectively. By the energy bulletin they published and their constant publications in LinkedIn allow us to follow up every innovation and change. I am very satisfied with our cooperation with Sayin Law. Sayin Law enables us to instantly access all kinds of documents and information requested with monthly reports. The fact that Sayin Law has a wide circle of acquaintances and is in collaboration with the best lawyers and professors in Turkey, is just one of the reasons we prefer them. "
"Sayin Law's on-point consultation and rapid responses create an environment of trust through all the process whenever we need their legal services."
Founded in 2016, Selvi & Ertekin is an Istanbul based law firm.
Focuses/ Specialisms
The firm has a strong focus on project finance work. The project finance team has experience in wind energy and bioenergy sectors. The team is also experienced in Islamic finance, advising Islamic banks in financing projects.
Key clients
Important clients for the firm includeAkbank, Development Bank of Turkey, Türkiye Kalkınma ve Yatırım Bankası, and Yapı ve Kredi Bankası.
Research period review: 32nd edition (2022/2023)
The banking and finance team advised in project financing deals, advising banks on loans, restructuring, EPP projects, and Islamic finance, focusing mainly on energy projects involving wind and biogas projects.
M&A work saw the firm assisting buyers in connection to acquisitions for local and international clients.
Solak & Partners is a full-service law firm based in Istanbul and has lawyers working from offices in Ankara and Izmir. The firm is a member of IR Global, a lawyer network in nearly 160 jurisdictions.
Focusses / specialisms
The firm has a focus on corporate and M&A matters. Key areas of work for the firm come from the IT and technology sector.
Key clients
Key clients of the firm include VeriPark, Paribu, Risk Active, Hostamedia, Tabim, FinTR (Financial Innovation and Technology Association), GKE EnerjiGaranti Koza Energy and Gelal.
Tanyol Örnek Çabaklı Çetinel Attorney Partnership is a full-service law firm based in Istanbul.
Focusses / specialisms
The firm has a focus on banking and regularly offers advice on cross-border transactions. The firm advises commercial banks, financial institutions, corporate borrowers and development banks.
Key clients
Key clients of the firm include KfW IPEX-Bank, (AKLease), Islamic Development Bank, Industrial Development Bank of Turkey, Development Investment Bank of Turkey (Kalkinma Yatirim Bankasi / TKYB), Bank ABC, TANAP, Yapi Kredi Bank, British American Tobacco, HDR Cadenza Management Limited and 100x Group.
TOCC Attorney Partnership is a full-service independent business law firm founded in 2016. The firm is based in Istanbul. The firm provides legal advice to both local and international clients on diverse areas of law. The firm has a collaborative team of lawyers specialised in various fields of business law and industry sectors. The firm has expertise in banking and financing work, particularly Islamic and project finance.
Highlights
The firm advised Kalyon Güneş Teknolojileri Üretim on the $274 million financing provided by Ziraat Bankası and T. Vakıflar Bankası for the construction of Kalyon Solar Technologies Factory and the establishment of Research and Development Centre.
The firm advised Ak Finansal Kiralama on its $92.5 million Sukuk issuance through Emlak Varlık Kiralama.
In M&A the firm advised HDR Global Trading on its $15 million acquisition of 10% stake in Paratica.
Key clients
AK Finansal Kiralama, Kalyon Güneş Teknolojileri Üretim, Macellan İleri Teknoloji, Odea Bank and Sanko Holding.
Testimonials
"TOCC always opts for allocating a team fully dedicated to meet our needs and expectations during the documentation and agreement process." (Banking Client)
“They are experts on law and accounting. We think they have knowledge of this job.” (Banking Client)
“Communication and analyzation were very good.” - Mustafa Yiğit Örnek, Firm Parner
“Tolga is always accessible when needed. Even though he has sufficient knowledge and experience in the field of finance, he always takes an open-minded stance when it comes to learning and commenting new regulations and innovations.” - Tolga Çabaklı, Firm Partner
Tunç Firat Dereli is a full-service independent law firm based in Istanbul.
Focusses / specialisms
The banking and finance team at the firm is well versed in advising local and international clients. It provides advice to issuers, underwriters, borrowers and lenders in transactions
M&A advisors at the firm are experienced in advising local and international clients in transactions. Typically assisting middle market entities, the team has particular experience in the energy sector.
Project development work for the firm includes advice to international and local clients in public procurement and PPP contracts, concession agreements and land acquisitions.
The Restructuring and insolvency team at the firm advises in corporate rescue, insolvency and distressed companies. It represents debtors and creditors.
Key clients
Key clients include Akfen Holding, Akfen Renewables, Acacia Mining Operations, GE Gas Power, Vakiflar Bank, Albioma, TWL Holding, Power Europe, Serbest Energy, Enerco Energy, Kaolin Mining, Karadeniz Holding, Power Europe, GKE Energy, Alba Mühendislik Müşavirlik İnşaat, Borusan ENBW Energy, Alfa Consult, Alcas Metal Sanayi, and Garanti Koza İnşaat Sanayi ve Ticaret.
Research review period: 32nd edition (2022/2023)
Over the research period, the banking department was busy in financial restructuring and project finance transactions. It mostly advised local debtors and creditors in deals. The firm took part in complex financial restructuring agreements involving multiple borrowers and lenders.
During the research period, the M&A team advised buyers in acquisitions in the energy sector.
The project development team advised international and local investors in matters related to EPC contracts, public procurement, and licenses. Sectors primarily focused on were construction, energy and social infrastructure.
The restructuring and insolvency team advised debtors and creditors in a variety of proceedings, including companies sin the liquidation process, corporate rescue and insolvency proceedings.
Deal highlights: 32nd edition (2022/2023)
Alcas Metal debt restructuring
Aydos Wind Power plant
Faktör Yapı corporate rescue
Istanbul potable water pipeline
Client feedback: 32nd edition (2022/2023)
Banking and finance
"The team is very professional. The follow up and quality of work is excellent."
Financial restructuring
"They are able to stay neutral and provide agreements that are agreeable to all parties."
M&A
"They are very experienced in the Turkish energy market "
"They possess exceptional industry sector knowledge and combine legal excellence with a larger business understanding to produce tailored advice. They are also very diligent, responsive and adaptive to client's needs."
Medet Çınar
"Mr Çınar can think outside the box and offer creative solutions due to his in-depth legal know-how."
"Very personable and diligent."
Zeynel Tunc
"Responsive, diligent, practical."
"Diligent. Hard working. Very good communication skills."
"Professional, accommodating client's needs, responsive, business orientated. His attitude towards the matters and problems at hand is so calm and secure that it creates the feeling that one can leave the matter to him and he will safely take care of it."
Turunç is a leading full-service Turkish law firm founded in 1990. The firm offices in Istanbul, Izmir and Ankara and has a representative office in Washington DC. The firm boast of being one of the oldest operating law firms in Türkiye. The deal team consists of prominent Turkish qualified legal professionals including partners Noyan Turunç and Kerem Turunç. The firm has a focus on banking, debt and equity capital markets and M&A.
Highlights
The firm advised advised Riverwood Capital on its $50 million investment in Picus Security.
The firm also advised Sphera Solutions on its acquisition of SupplyShift.
Key clients
Ascential, BV Crypto, Boğaziçi Ventures, Lycian Capital and Tacirler Gelecek Etki Venture Capital.
Testimonials
“They get along well with opposing counsel and manage their expectations skillfully." – Banking Client
“Turunc fields a well-rounded and highly specialized team that includes top-tier partners in banking and finance. Their collective depth of knowledge and expertise is truly world-class, setting them apart from other firms in Turkey. Each partner brings a wealth of experience, complemented by an exceptional team of associates who deliver partner-level service with remarkable efficiency. This team is proactive, demonstrating a keen ability to tackle complex issues with a commercial perspective. Their approach is solution-oriented, ensuring that their advice is both actionable and aligned with the strategic goals of their clients. Their ability to manage intricate projects with ease and provide clear, insightful guidance is unmatched in the market.” – Banking Client
“"Turunç’s banking team are pragmatic problem solvers. They are extremely knowledgeable, dedicated and meticulous, all while being very practical and easygoing. Their pragmatism combined with their expertise and depth of know-how is unique. They proactively advise us on new developments and keep an eye on our banking regulation compliance." – Banking Client
“They are excellent at financing arrangements for private equity investments, including offering restructuring and novel alternatives that are available to regulated Turkish funds." – Banking Client
“Turunç can coordinate big teams, including internal teams and banks, very well. They also can make complex issues simple for business. We are doing a bond offering for the first time and they make everything much easier for us. Their billing is also very clear and straightforward.” – Debt Capital markets Client
“Very positive overall experience. TURUNÇ team is great at handling construction and lease finance bonds with underwriters. They really know their stuff and help us make sure our agreements are good with the laws and market rules. They’re good at seeing what needs to be done and getting it done right. Team is super knowledgeable. Much easier process than other firms we worked with.” – Debt Capital markets Client
“They have an exceptionally capable team who draw on their international strength and expertise on the cross-border projects we work on. Combining their legal expertise with business acumen, they provide not only technical input but also critical strategy and guidance. They are extremely knowledgeable, business-savvy, communicative, detailed-oriented but fast.” – Debt Capital markets Client
“They showed a clear understanding of our complex needs. Their team worked together smoothly, with specialists assigned to different tasks, ensuring everything was done quickly and accurately. Their first drafts were often over 90% of the final version’s quality.” – Equity Capital markets Client
“Their institutional knowledge and ability to bring in specialists to identify and address issues makes them unique. Their combined expertise is beyond that of any other firm in the market. They work with a large number of fund sponsors, asset managers and other market participants.” – Equity Capital markets Client
“This practice is distinguished by its global viewpoint and expansive footprint, which is unparalleled among Turkish firms. We rely on them not only for domestic Turkish matters but also for a wide array of regional and international transactions, particularly in Eastern Europe and the Balkans. Turunc’s team possesses exceptional business acumen and industry-specific expertise, enabling them to understand and navigate the business rationale behind transactions. Their legal advice is both strategic and practical, tailored to the unique needs of each transaction. Their efficiency, ease of collaboration, and effective communication enhance the overall client experience, making them a standout choice for complex and high-stakes deals.” - M&A Client
“They are also very coherent as a team, with effective communication, responsiveness, and overall impressive client relationship management. We trust their legal expertise and their understanding of our industry and needs 100%.”- M&A Client
“TURUNÇ is our go-to firm, as they are for many private equity firms. They provide exceptional quality legal assistance, combined with insightful (and always on-point) commercial guidance. The team is very cohesive and able to approach complex projects with their multi-disciplinary know-how and expertise. I believe the combination of their deep legal knowledge, ability to assess matters with a commercial intelligence and naturality in international matters is what makes them unique. They can provide solid transactional advisory in addition to regulatory guidance, which is a rare combination in Turkish law firms.” - M&A Client
“They have an exceptionally capable team who draw on their international strength and expertise on the cross-border projects we work on. Combining their legal expertise with business acumen, they provide not only technical input but also critical strategy and guidance. They are extremely knowledgeable, business-savvy, communicative, detailed-oriented but fast.” - M&A Client
“"Excellent Listener. Quick grasp of business issues. Creativity in developing solutions. Attention to detail." - Project development Client
“Kerem Turunc is our go-to person for intricate and challenging matters. His profound understanding of market practices across the UK, US, and Turkey is a significant asset. He has an impressive ability to grasp and address complex issues with clarity. Kerem is exceptionally hands-on, always accessible, and deeply involved in each case, ensuring a high level of engagement and expertise.” - Kerem Turunç
" Kerem dominates the fund formation and regulation field in Turkey not only with the volume of work he does but also his technical knowledge.” - Kerem Turunç
“Kerem Turunc is our person. He is an exceptional resource for capital markets matters, particularly thanks to his extensive knowledge of market practices in the UK, US, and Turkey. His deep understanding of regulatory and transactional issues, and hands-on approach make him an invaluable asset. He is hands-on, always available and present.” - Kerem Turunç
“A great leader. He’s the one who designed this firm and the reason we originally engaged them. Our initial call always goes to him. He then leads his team to results.” – Noyan Turunç
“Noyan Turunç oversees the entire team and project extremely efficiently. He stands out with his experience and excellent understanding of commercial considerations.” – Noyan Turunç
“Noyan Turunç is the ultimate lawyer. He is a veteran in the law world and still going stronger than ever. He is very hands-on and sharp, so he understands the complexities fast and well. He offers exceptional value to client needs with his commercial savviness and robust legal knowledge. He is unrivalled with his commercial understanding, legal know-how and international background.” – Noyan Turunç
Yazici Attorney Partnership is a full-service law firm with offices in Ankara and Istanbul.
Focusses / specialisms
The firm has a focus on project development where key work comes from the oil and gas sector. The firm advises on various industries, including renewable energy, mining, industrials and manufacturing,technology and telecommunications.
Key clients
Among the clients of the firm are Marsa Turkey, Akdaş Döküm Sanayi ve Ticaret, BNP Paribas, Societe Generale, London Branch and ING European Financial Services.
Client feedback: 32nd edition (2022/2023)
Restructuring
"They are familiar about our Company and our Group Company for a very long time; and have the whole history and memory about us."
YBK Yalçın Babalıoğlu Kemahlı Law Firm in cooperation with CMS is a member firm of CMS. The firm has desks in Germany and the UK.
Focusses / specialisms
The firm has a focus on banking and specalises in cross-border financing projects. The firm advises borrowers and lenders. Industry sector strengths for the firm include real estate, infrastructure and manufacturing.
Key clients
Key clients of the firm include Raiffeisen Bank International (RBI), Erste Group Bank, Denizbank (Turkey) and (Austria), Zıraatbank, Yapı Kredi Bank Nederlands, Internationales Bankhaus Bodensee, Vakıfbank and Südwestbank.
Research period review: 32nd edition (2022/2023)
During the research period, the firm was busy advising clients in banking, equity capital markets and M&A.
Client feedback: 32nd edition (2022/2023)
Banking and finance
"Prompt response, helpful advise, good structure of LO."
Alaz Eker Ündar
"Prompt response, helpful solutions, good advice."
.
Çakmak
Established in 1993, Çakmak Attorney Partnership is a full-service firm, based in Ankara and Istanbul. It employs 27 lawyers, including eight partners.
Focusses / specialisms
The standout practice of the firm is project finance and development, with a particular focus on power.
The banking practice often represents lender as well as borrowers and sponsors in project finance transactions.
M&A advises mostly in energy and infrastructure and spans other sectors like telecommunications, healthcare and finance. Advice is given to both buyers and sellers, with a focus on strategic investors.
Key clients
Among the clients of the firm are Bank Julius Baer, Bayerische Landesbank, Ceska Exportni Banka, Assystem, Bluecap Resources, ENGIE, Tatneft Oil, Rönesans and Sonatrach Joint Venture, Rönesans Holding, ERG Group, Turkey Wealth Fund and European Bank for Reconstruction and Development.
Client feedback: 32nd edition (2022/2023)
Project finance
"Very constructive and up to date approach."
Project development : Energy
"They are very responsive, diligent, and make you feel comfortable when you are working with them."
Türkoğlu & Çelepçi in cooperation with Schoenherr is an association between a leading Austrian firm and a Turkish firm. The domestic firm was founded in Istanbul in 2005 and has worked in cooperation with Schoenherr since 2009. The firm employs 20 lawyers, including one partner in Istanbul. Established in Vienna in 1950, Schoenherr has a European network that includes offices in 15 jurisdictions.
Focusses / specialisms
The firm’s core focus in corporate and M&A work, particularly advising foreign clients in their dealings in Turkey.
Key clients
Among the clients of the firm are MT Holding, MT Group Companies-Maxicells İlaç Sanayi Anonim Şirketi, Leoni Group and Lallemand.
Client feedback: 32nd edition (2022/2023)
M&A
“Always available, on the spot advice, pragmatic approach, good industry knowledge.”
Çukur & Partners is a corporate law firm established in 1993 and has offices in Izmir, Istanbul, Ankara and Adana.
Focusses / specialisms
The firm advises clients on equity capital markets, and corporate and M&A.
Key clients
Among the clients of the firm are Europap Tezol Kagit and LUNA.
Client feedback: 32nd edition (2022/2023)
Capital markets : Equity
"During the time we received consultancy services from him, Attorney Ümit Yayla, who is a consultant to Çukur & Partners at the same time, has been a guide with the answers he gave in his field of expertise. With his correct guidance, GEN was able to complete both the initial public offering process and the compliance process required for the electronic general assembly in a short time."
M&A
"With lawyers experienced in the business world, they have advanced skills in analyzing company needs and suggesting solutions. Reachable and relevant for clients, at the same time competent in legislation and successful in litigation."
Özbek Attorney Partnership was founded in 1972 and is based in Istanbul.
Focusses / specialisms
The firm is known for its M&A work and it is also recognised in the capital markets area.
The firm advises buyers and sellers in M&A transactions including joint ventures and cross-border M&A. Sector wise, the firm is experienced in working in food & beverage, energy, fintech and technology.
Key clients
Notable clients for the firm include Simona, Affinion, Intelcia group, Sanko Holding and Ferrero.
Client feedback: 31st edition (2020/2021)
M&A
"Besides their utmost legal competence, their language skills and being accessible round the clock (due to time zone differences) are very important, since we do a lot of international work."
"Disciplined and thorough in their work - right level of attention to detail, without getting lost in the big picture - friendly, personable to work with."
"They approach the deal from a risk/value perspective and bring their expertise to the table in a manner for the business to easily understand and relate to. They are knowledgeable, punctual and always attending the client's needs."
Özdirekcan Dündar Şenocak was founded around 25 years ago. It is based in Istanbul and is a full-service law firm.
Focusses / specialisms
The firm’s biggest strength is its M&A practice area. The firm is also active in banking and project finance.
Key clients
Key clients for the firm include BNP Paribas, EBRD, International Finance Corporation and Société Générale Milano.
Key clients
Alfa Solar Enerji Sanayi ve Ticaret, Biotrend Çevre ve Enerji Yatırımları, Doğ-Yap İnşaat Turizm Enerji Üretim Sanayi ve Ticaret, Goldman Sachs, and Systemair HSK Havalandırma Endüstri Sanayi ve Ticaret Anonim Şirketi.
Highlights
The firm advised Biotrend on its joint venture with Freepoint, which will develop new projects in Türkiye, including UOP’s investment in Biotend İleri Dönüşüm. It also advised Deniz Ventures on its $5.6 million investment in Tavuk Dünyası Gıda Sanayi ve Ticaret.
Testimonials
“Good knowledge and expertise of Turkish law.” – Banking
“Their pricing is keen, they are responsive, commercial and pragmatic.” – Banking
“Clear, concise, knowledgeable, proactive and current.” – Capital markets
“Ozmen Yalcin has a very knowledgeable team, they act promptly, answer the questions of the client and provide prime quality legal counsel service.”
“They are very agile and their knowledge is very high.” – Capital markets
“We particularly appreciated their highly commercial and strategic approach combined with strong technical expertise and responsiveness throughout the transaction. We were especially impressed by their ability to navigate complex negotiations effectively, provide practical and business-oriented solutions, and remain hands-on and accessible at partner level under tight timelines.” – M&A
“Ozmen Yalcin supports us in a very difficult to handle situation marked by serious conflicts between a number of parties. They are very capable of managing parties with different objectives, playing a mediator role. They bring to the table very solid general Turkish law and capital markets experience and expertise. They have the most balanced approach between legal and commercial matters as well as high ability to find solutions to deeply complex issues. We worked with partners Gokhan Ozmen, Damla Keskin Serbetcioglu and Murat Ayyildiz in a very collaborative manner. They were accessible whenever needed including urgent situations.” – Private equity
“What stands out most about Ozmen Yalcin is their responsiveness, comprehensive approach, and the depth of expertise within their team. They provide quick and clear feedback, handle matters with great attention to detail, and have a broad and experienced team capable of addressing different aspects of international projects effectively. Their combination of legal expertise and practical business understanding makes working with them highly efficient and reliable.” – Project development
“Beril Cetin is responsive, pragmatic and gets the deal done.” – Banking
“Beril Cetin is very good.” – Banking
“Beril Cetin proactive, concise, knowledgeable and responsive.” – Capital markets
“Beril Cetin does capital market transaction, compliance of international contracts to Turkish law well.” – Capital markets
“Damla Keskin Şerbetcioğlu was extremely hands-on throughout the entire process and managed the drafting and negotiations with great precision and efficiency. We were especially impressed by her responsiveness, attention to detail and ability to navigate challenging discussions while consistently providing practical and solution-oriented support.” – M&A
“Damla Keskin Serbetcioglu is very knowledgeable, responsive and extremely hard-working.” – Private equity
“Damla Serbetcioglu is highly knowledgeable, reactive and checks all details.” – Capital markets
“Emir Berat Durna does litigation, contract review, contract drafting, contract revision, dispute resolution, and legal advisory services well.” – Project development
“Gokhan Ozmen is very friendly, with very high knowledge and network.” – Capital markets
“Gokhan Ozmen has deep expertise and experience and has a strong but positive attitude towards problems. He is a problem solver and is able to handle difficult and complex issues and relations between parties. He is extremely reliable.” – Private equity
“Gunes Yalcin is responsive, pragmatic and gets the deal done.” – Banking
“Gunes Yalcin is very knowledgeable on the financial institutions capital markets work, proactive and available.” – Capital markets
“Gunes Yalcin is deeply knowledgeable deeply knowledgeable about capital market transactions and has analytical ability.” – Capital markets
“Gunhan Yalcin is very good.” – Banking
“Kürşat Karaduman was very diligent and responsive throughout the transaction and provided reliable support under demanding timelines.” – M&A
“Murat Ayyildiz has deep expertise in Turkish capital markets law and is highly experienced in his area.” – Private equity
“Omer Gokhan Yalcin has deep knowledge of equity and equity linked instruments.” – Capital markets
“Ömer Gökhan Özmen brings excellent commercial awareness and strategic perspective to complex transactions. We particularly appreciated his ability to guide key decision-making processes with clear, pragmatic and business-focused advice while remaining closely engaged throughout the transaction.” – M&A
“Orkun Apan is responsive, pragmatic and gets the deal done.” – Banking
“Ömer Gökhan Özmen brings excellent commercial awareness and strategic perspective to complex transactions. We particularly appreciated his ability to guide key decision-making processes with clear, pragmatic and business-focused advice while remaining closely engaged throughout the transaction.” – M&A
“Selin Erdem is responsive and acts quickly.” – Capital markets
Özok is a boutique firm established in 2019 by Özgün Özok.
Focusses / specialisms
The firm has a focus on banking and finance, debt and equity capital markets and M&A. The firm is also particularly active in Islamic finance. Key areas of work for the firm come from the energy, power and real estate sectors.
Key clients
Among the clients of the firm are Emirates Islamic Bank, Gülsan Sentetik Dokuma Sanayi ve Ticaret, Gülsan Holding, Gülpa Pazarlama ve Dış Ticaret and Halk Varlık Kiralama.
Client feedback: 32nd edition (2022/2023)
Financial restructuring
"They are very quick in responding and always try to find a solution for problems."
CE Partners in association with Clifford Chance is the leading Turkish law firm, providing top-notch legal advice to its clients in banking & finance, corporate/M&A, capital markets, project finance and privatisations.
The firm advises major domestic and international banks, governmental entities and corporates on their Turkish and international operations. The firm has a comprehensive understanding of the Turkish market and unparalleled expertise in relation to cross-border transactions, offering technical and practical expertise, delivering excellent quality and service to its clients on complex transactions, with its a proven track record of successfully advising on some of the highest profile transactions.
The firm works in cooperation with Clifford Chance, giving its clients access to Clifford Chance’s impressive international law capability and global network.
ASC Law proudly combines one of the most experienced and successful senior leadership teams in Turkey with the next generation superstars. Each of our three Founding Partners – Murat Aksu, Zeki Calişkan and Okan Beygo – have been practicing law over 30 years.
Recognizing, early on, the need for a local firm able to satisfy the growing demands of globalization, our founders’ vision was to bring together, under one roof, lawyers providing legal services meeting, and exceeding, international standards. This goal was quickly achieved, and we now have what we believe is the most sophisticated practices in Turkey.
At Baspinar & Partners, we believe that the quality of our work enables us to meet the needs of our clients efficiently and with the success that they are accustomed to. We offer multi-lingual services for vast array of clients given that each one of our attorneys are fluent in at least one foreign language and have an LLM degree obtained in Turkey or either in UK, EU or US.
Our firm has remarkable experience in real estate, litigation, corporate law, M&A, international arbitration, energy, privatization and intellectual property.
Bezen & Partners is a full-service independent law firm. Its partners have extensive experience in complex cross-border transactions, gained through their employment in the London offices of Magic Circle firms and Turkish governmental authorities.
Since 1989, Hergüner Bilgen Üçer Attorney Partnership has been recrafting the Turkish law firm model along modern corporate standards, while maintaining the personal attention that its clients have come to expect. Its size and expertise make it one of the few truly full-service independent Turkish law firms with a global reach, equally at home in the role of primary counsel in multinational transactions and local counsel to foreign and domestic clients. The firm’s expertise and institutional knowledge enable it to go beyond simple lawyering and develop creative business-oriented solutions to client needs. It accomplishes this by putting clients first and becoming intimately acquainted with all aspects of their business and legal needs. The firm’s reputation for innovation goes back over three decades, having drafted many first-of-their-kind agreements in cross-border transactions that continue to be used as model agreements in the market today.
Güner Law Office is a premier law firm, established in 1996 and grown into a leading corporate, M&A, banking, project finance, energy, TMT and dispute resolution practice in Turkey.
The Firm’s strong banking and project finance expertise covers all aspects of B&F matters including syndicated and structured loans, trade finance, project finance, greenfield and brownfield mine projects in Turkey, acting on both borrower and lender side.
The Firm recently advised Centerra Gold in relation to financing of the construction and operation of a gold mine and related infrastructure in Kayseri. The firm also represented ING Bank A.Ş., ING Bank N.V., Societe General and Unicredti Bank AG in relation to Alacer Gold group in relation to expansion of the Çöpler Gold Mine Project. Recently Güner Law Office also advised a Turkish construction group in relation to financing of cement plant investment in Ivory Coast, advised Gama and GE in project financing of an 840MW combined cycle gas power plant, IsBank in financing of acquisition of AFM Cinema; DenizBank in $174,000,000 financing for Ankara Speed Train Terminal; and also a group of lenders in $330,000,000 financing of hydroelectric power plants and refinancing of the acquisition of other two hydroelectric power plants by the same borrower group.
The firm also advised Rabobank, HSBC, ING Bank, Standard Chartered Bank, Korea Development Bank, West LB, Export-Import Bank of China, Credit Suisse, Banc of America Securities Limited, Wells Fargo, Bank of America Merrill Lynch, Raiffeisenbank Bulgaria and other international banks.
The firm is a leader in cross-border M&A transactions, advising both strategic investors and PE Funds (with General Atlantic, Actera, Turkven, Mitsui PE, Intel PE, etc). Güner Law Office is considered a market leader in TMT advising many multinational clients including Nokia, News Corporation, 21st Century FOX and ICANN.
Cerrahoglu was established in 1966. Dr. M. Fadlullah Cerrahoglu, the Founder and the Managing Partner, is one of the leading practitioners in the market. Other than its transactional practices, Cerrahoglu also has strong litigation, domestic and international arbitration, tax, employment and corporate governance practices. Cerrahoglu serves both Turkish and multi-national clients.
ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The firm was founded in 2005.
ELIG Gürkaynak is committed to providing its clients with high-quality legal services. We combine a solid knowledge of Turkish law with a business-minded approach to develop legal solutions that meet the ever-changing needs of our clients in their international and domestic operations.
Our legal team consists of 90 lawyers. We take pride in being able to assist our clients in all fields of law. Our areas of expertise particularly include competition law, corporate law, M&A, contracts law, white collar irregularities and compliance, data protection and cybersecurity law, litigation and dispute resolution, Internet law, technology, media and telecommunications law, intellectual property law, administrative law, real estate law, anti-dumping law, pharma and healthcare regulatory, employment law, and banking and finance law.
Our corporate team assists multinational and local clients by providing a wide range of corporate advisory services. Our lawyers offer unique solutions and strategic planning regarding company incorporation and restructuring, along with a range of corporate housekeeping. The team provides advice and guidance on numerous matters such as corporate, banking and finance, and mergers and acquisitions.
ELIG Gürkaynak delivers the top competition law practice in Turkey with a team of 45 competition law specialists. In addition to our unparalleled experience in merger control issues, ELIG Gürkaynak has vast experience in defending companies before the Turkish Competition Board in all phases of antitrust investigations, abuse of dominant position cases, leniency handlings, and before the courts on issues of private enforcement of competition law, along with appeals of the administrative decisions of the Turkish Competition Authority.
For further information, please visit www.elig.com