’s sale of 100% shareholding to iLab Holding

In December 2015, Doğan Gazetecilik announced the sale of its auto classifieds business namely, to iLab Holding, a Turkish internet holding company housing Turkey’s leading classifieds and market place businesses such as, and respectively. iLab Holding paid a total consideration of USD 5 million for The transaction was realized through an asset purchase inclusive of domains, mobile applications, brands, personnel, customer contracts and other tangible assets.

Aventio (formerly the technology investment banking team at Odin Financial Advisors) acted as exclusive financial advisor to Doğan Gazetecilik managing a competitive sell-side auction process, assisting and advising in identifying potential investors for, transaction structuring, due diligence and definitive documentation negotiations. The sale was completed in six months since retention of Aventio by Dogan Gazetelicik.

ClientDoğan GazetecilikDateDecember 2015