Case Study

Cluster Alliance has sold a majority stake to Business Integration Partners

The private shareholders and owners of Cluster Alliance have sold a majority stake in the company to Business Integration Partners (Bip) for an undisclosed consideration.

Cluster Alliance is a strategy consulting firm primarily focused in payments and retail banking, telecom-media-technology, and retail and e-commerce. Cluster Alliance has been advising companies both in Turkey and abroad on strategic planning, new business development, digital strategy formulation, new product development, commercial uplift, customer management and business intelligence analysis.The company is managed by its founders.

Bip is a leading Italian consulting company founded in 2003. The company employs more than 1,000 professionals who deliver management consulting and business integration services, supporting companies in the research and adoption of disruptive technological innovation.

After the acquisition, the founding shareholders will remain in the management team and the company will operate as a subsidiary of Bip under the company name Bip Turkey.

Oaklins' team in Turkey acted as financial advisor to Cluster Alliance’s shareholders.

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KEY DEAL CONTACTS

Levent Bosut

Turkey

Managing Partner

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Anil Demir

Turkey

Director

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