TRANSACTIONS / Sale of Vansan to Turkven

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Aquaman BV of the Netherlands, owned by Turkven, the leading private equity firm in Turkey acquired the majority shareholding in Vansan Makina, the leading Turkish pump manufacturer. 

Ventura Partners acted as exclusive financial advisor to Vansan Makina on the transaction.

Established in Izmir/Turkey in 1964, Vansan Makina is among the leading European players in the sector of water technologies for construction and agricultural firms. Continiously investing in technology, Vansan Makina set up the first R&D centre in its sector in Turkey. Exports constitute around 60% of total sales. Vansan Makina aims to become a global firm by further increasing the share of exports in its turnover. The Company employs about 500 people. 

Established in 2000, Turkven is the first independent private equity firm in Turkey, managing funds of $2 billion. Turkven has invested in 20 companies resulting in total placements of over $5 billion. Turkven portfolio companies include Koton Migros, Domino’s Türkiye ve Rusya, Mavi, MNG Kargo, Golf Dondurma, Medikal Park, Flo and Mikro Yazılım.

Ventura Partners, based in Istanbul - Turkey, is one of the leading M&A advisory boutiques providing corporate finance services in a broad range of sectors.