BASEAK's Corporate and M&A team advised Vardar family in the sale of minority interests in Jolly Tur and Gordion Teknoloji to Goldman Sachs Group.

Jolly Tur - together with its affiliates including Gordion – is the leading tourism, leisure, events and travel technologies company in Turkey, established by its honorary chairman Sinan Vardar in 1987. The group has over 600 sales points and 3,500 employees under the current management of second generation of Vardars: Mete Vardar and Mert Vardar, who respectively assume the roles of chairman and vice-chairman of the board.

Goldman Sachs Group is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world with an estimated market value of USD 86.5 billion according to Forbes.

BASEAK team led by Partner Doğan Eymirlioğlu included Partner Semih Sander, Counsel Tulû Harsa and associates Ali Gören and Fulya Görer.

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.