Balcıoğlu Selçuk Akman Keki advised an independent private equity fund on the acquisition of an additional 20% stake in FU Gayrimenkul Yatırım Danismanlik A.S. The Fund had originally acquired 80% of FU in September 2012 and this acquisition made it the sole shareholder of the company.

Established in 2005, FU is the market leader in title processing services, with a service network covering all 81 cities in Turkey and a proprietary software. The company provides mortgage and lien registration services before land registries, trade and marine registries as well as municipalities, with a particular focus on services offered to financial institutions and investment companies for commercial, individual and housing loans.

BASEAK team, led by partner Doğan Eymirlioğlu, included associates Tulû Harsa and Ceyda Aydın.

About Balcıoğlu Selçuk Ardıyok Keki

Balcıoğlu Selçuk Ardıyok Keki Attorney Partnership is an Istanbul-based full service law firm with a team of 130+ lawyers and economists. Our practice focuses on a wide range of areas including real estate, corporate, mergers and acquisitions, banking, project finance, capital markets, competition and anti-trust, employment, litigation and arbitration, telecommunication, regulatory and public law and intellectual property. We represent and advise Turkish and multinational clients, including Fortune 500 companies, in the banking and finance, private equity, real estate, manufacturing, hospitality and leisure, retail, automotive, energy, information technology, life sciences, luxury fashion and beauty, and media sectors.