The private shareholders of Autoking, an automotive repair and wholesale services company, have sold a 50% stake in the company to Pera Capital Partners (Pera). Financial details have not been disclosed.
Founded in 2001, Autoking is the leading auto service provider in Turkey, serving the insurance companies and car owners with its unique business applications for the small and medium size damages. The company operates in Turkey, Russia and Greece.
Pera is an independent private equity fund that supports Turkish companies in achieving their growth plans.
Oaklins' team in Turkey acted as the exclusive advisor to the sellers in this transaction.
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