Is Girisim Sermayesi Yatirim Ortakligi AS (IBSE:ISGSY)
Is Girisim Sermayesi Yatirim Ortakligi AS is the private equity and venture capital arm of Turkiye Is Bankasi AS specializing in mezzanine, early venture, mid venture, late venture, development, emerging growth, mature, middle market, mature, and expansion stages and also considers acquisitions, management buyout, workout or turnaround, growth capital recapitalization, restructurings, and privatization investments in small and medium sized enterprises. It seeks to make investments in companies operating in the retail; branded FMCG; services with a focus on catering, security, facility management, and logistics; healthcare and pharmaceuticals; building materials; chemicals; education; tourism; energy; TMT (technology, media, telecom); and information technology sectors. The firm seeks to invest in companies based in Turkey, and also in international markets. It typically invests $10 million to $40 million per project. It invests between $3.41 million and $13.63 million in the form of equity or debt notes. The firm may seek co-investor for higher investments and takes both minority and majority stakes in its portfolio companies. It prefers board representation in its portfolio companies and seeks to monitor and participate in key decisions. The firm’s investments through equity investment, convertible debt or structured debt-equity mix, are generally made by means of growth capital or project-based restructuring transactions. It typically invests in equity or convertible bonds and exits its investments between three years and seven years through an initial public offering, strategic sale, or sale back to the original shareholders. Is Girisim Sermayesi Yatirim Ortakligi AS was founded in 2000 and is based in Istanbul, Turkey.