Go to deals
Automotive | Consumer & Retail | Private Equity

Autoking has sold its remaining shares to General Automotive Services BV

The private shareholders of Autoking have sold their remaining 50% of the company to General Automotive Services BV (GAS) for an undisclosed consideration.

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.

General Automotive Services BV is a subsidiary of Cooperative Turkish Equity Investments UA.

Oaklins' team in Turkey advised the founding shareholders of Autoking when they sold a 50% stake in the company in 2013 to the PE-backed General Automotive Services BV. Our team also acted as the exclusive financial advisor to Autoking’s shareholders in the sale of their remaining stake in Autoking to GAS.

Service
M&A sell-side
Parties

Talk to the deal team

 Levent  Bosut

Levent Bosut

Managing Partner

Istanbul, Turkey
Oaklins inHERA

Related deals

Breitling SA has received valuation services
Consumer & Retail

Breitling SA has received valuation services

Learn more
Cramaro Tarpaulin Systems has been acquired by Lifco AB
Automotive

Cramaro Tarpaulin Systems has been acquired by Lifco AB

Cramaro Tarpaulin Systems S.r.l. has been acquired by Lifco AB

Learn more
Grupo AGP has been acquired by Patria Investments
Agriculture | Private Equity

Grupo AGP has been acquired by Patria Investments

The private shareholders of Grupo AGP have sold the company to Patria Investments.

Learn more