Esin Attorney Partnership, a member firm of Baker McKenzie, advised leading global audiobook firm Storytel Sweden AB in the acquisition of 100% stake in Seslenenkitap Yayıncılık Hizmetleri A.Ş. The acquisition will likely allow more foreign investors to show interest into Turkish start-ups.
Highlighting the importance of the acquisition, Esin Attorney Partnership partner Duygu Turgut stated:
"We successfully completed an important deal in Turkish start-up world. The Sweden based global leading audiobook firm Storytel acquiring a Turkish Start-up shows the high potential of the Start-ups in Turkey."
The deal was led by Istanbul-based M&A partner Duygu Turgut and Stockholm based partner Tobias Edenman. They were supported by associates Mine Sekmen, Güven Maviş, Ali Ergur, Alper Güner, Mine Güner (Istanbul) and Kristina Dunbring (Stockholm).