NBK Capital Equity Partners Fund I ("NBK Capital"), acquired a 50% stake in Bavet, a leading distributor of animal pharmaceuticals in Turkey. The capital will be used to finance Bavet's significant expansion plans and enhance its corporate infrastructure.
Bavet was established in 2000 by industry veteran Zekeriya Nergiz and is a leading distributor of proprietary animal pharmaceuticals targeting a wide client base of veterinaries and organized farms in Turkey. The company has significantly outperformed the rapidly expanding local market driven by on-going launches of quality products sourced from prominent international producers and a highly experienced sales force, both positioning Bavet as a prime local brand among Turkish animal pharmaceutical companies.
NBK Capital Equity Partners Fund, managed by NBK Capital as part of its Alternative Investments Group, is a USD 250 million private equity fund that specializes in acquiring strategic stakes in companies located in MENA (Middle East and North Africa) and Turkey with the objective of providing growth and expansion capital. The Fund implements an active investment approach to create long-term sustainable value through financial, strategic, operating and corporate governance enhancements.
Halk Yatirim Menkul Degerler A.S. ("Halk Yatirim"), the investment banking arm of T. Halk Bankasi A.S. ("Halkbank"), is one of the fastest growing brokerage firms in Turkey. Corporate Finance of Halk Yatirim specialise in advising IPO´s of shares and debt instruments, cross-border mergers & acquisitions, strategic partnership, joint ventures, privatisations and block sales.
Halk Yatirim was the sell-side financial advisor for the deal. After advising the IPO of TGS Dis Ticaret and the 2nd & 3rd tranche of Halkbank bank bills, this deal constitutes the fourth completed transaction of Halk Yatirim in 2012.
For more information:
Corporate Finance & Advisory :
Kemal Ozan Kirtac
AGM
kkirtac@halkyatirim.com.tr
Bulent Sezgin
Director
bsezgin@halkyatirim.com.tr
Halk Yatirim Menkul Degerler A.S.
Halide Edip Adivar Mah. Darulaceze Cad. No: 20 Kat: 4
34382 Sisli / Istanbul,
Turkey
Tel: 90 212 314 82 80
Fax: 90 212 221 31 81
Web: www.halkyatirim.com.tr
© Press Release 2012
