Dunning, Rievman & MacDonald LLP acted as US counsel to Yazara and its shareholders on its acquisition by Global Payments Inc. We partnered with Kolcuoglu Demirkan Kocakli Attorneys at Law and Igniters Tech Law from Turkey to bring this deal to its successful end. Royal Park Partners acted as the exclusive financial advisor to Yazara.
Partner Andrés Arnaldos and associate Gokce Gul Onder led DR&M’s advice on this matter, with support from partner Robert C. MacDonald and law clerk Maxime Laurent.
Yazara is a leading global SoftPOS provider, enabling merchant acquirers to accept mobile payments from all major methods, has developed over 35+ projects globally, and currently has more than 80,000 active SoftPOS applications in the field globally.
Global Payments Inc. is a Fortune 500®, S&P 500 multinational financial technology company headquartered in Atlanta (Georgia) that provides payment technology and services to merchants, issuers, and consumers with worldwide reach spanning North America, Europe, Asia Pacific, and Latin America.
This is a landmark deal for DR&M’s growing Turkish Desk, and we are particularly thankful to Albert Comas (Yazara’s CEO), Murat Onsekizoglu (Mediterra Capital Private Equity) and Berkin Toktas (Revo Capital) for trusting us with this important transaction. We also thank Bihter Bozbay, Aylin Sahin, Ceyda Gulmezoglu and Emre Alpun for their contributions, as well as Aman Behzad, John Clark, Dorian da Cunha, and the rest of the Royal Park Partners team. It was a privilege working with all of them.
You can find more information about our Turkish Desk here.