Lawyer Monthly Magazine - February 2020 Edition

ADVISER INTERVIEW Biznet Recives Investment From FTA Bilisim BTS & Partners has advised Biznet Bilisim Sistemleri ve Danismanlik Sanayi Ticaret and its former shareholder, FVD AS, on FTA Bilisim Hizmetleri’s investments in the company and SR Bilisim Yonetim Hizmetleri Ticaret Securrent. Biznet is a cybersecurity company in Turkey that provides consulting, penetration testing and auditing services, as well as integration and support services of cybersecurity products to around 400 clients in various industries. Securrent is an Istanbul-based cybersecurity company. The BTS team was led by Partner Selin Beceni and included Senior Managing Counsel Zeynep Unlu. We spoke to the BTS team. TRANSACTION REPORT This announcement appears as a matter of record only Biznet Receives Investment From FTA Bilisim Legal adviser to Biznet Bilisim Sistemleri ve Danismanlik Sanayi Ticaret: Please tell me about your involvement in the deal. BTS & Partners have been advising the sellers (i.e. shareholders of Biznet: Mr Turgut Gürsoy and FVD İleri Teknoloji A.Ş.), who have been actively investing in Turkey’s technology sector, for 15 years. In this deal, we [BTS & Partners] represented the sellers from the very beginning of the initial negotiations with the other parties - including the investing private equity Taxim Capital and the other being the shareholder of Securrent -, from the consummation of the conditions precedent, the major amongst others being the merger clearance, all the way to the completion of the transaction. Selin Beceni, Zeynep Unlu, BTS & Partners Transactions Biznet Recives Investment From FTA Bilisim 66 WWW.LAWYER-MONTHLY.COM | FEB 2020 Knowing and understanding the business and the trends in the sector helped us to navigate the issues that arose