2 Acquisitions of Companies in Istanbul

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Istanbul. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Istanbul .

Sensormatic Guvenlik Group acquired by Securitas

Details about the transaction:

Acquisition amount:

$17,615,553

Announcement:

14 September 2011

Details about the company:

Sensormatic specializes in providing technological security solutions to customers in the retail, banking, airport, business, and industrial sectors.

Headquarter:

Istanbul, Istanbul, Turkey

Where to find them:

Industry:

Homeland Security, Security

Details about the buyer:

A security platform called Securitas provides solutions for electronic security, risk management, fire protection, and safety.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Sybercode acquired by TÜV AUSTRIA Group

Details about the transaction:

Acquisition amount:

$14,747,174

Announcement:

21 September 2022

Details about the company:

Sybercode is a digital consulting firm with experience in SaaS and cybersecurity.

Headquarter:

Istanbul, Istanbul, Turkey

Where to find them:

Industry:

Information Technology

Details about the buyer:

Offering consultancy and certification services is TÜV AUSTRIA.

Headquarter:

Cologne, Nordrhein-Westfalen, Germany

Where to find them: