Perform Group Acquires 49% Shareholding in Mackolik

Perform Group plc (“Perform”), the global market leader in the distribution and commercialization of sports content across connected digital platforms, acquired the remaining 49% shareholding in Mackolik in May 2016 following its initial purchase of 51% majority stake in June 2012. Mackolik is the market leader in digital sports media in Turkey through its two websites and which in total generates more than 50 million visits and 350 million pageviews per month. Mackolik’s mobile application is currently one of the most downloaded apps with over 5 million downloads to date.

Aventio (formerly the technology investment banking team at Odin Financial Advisors) acquired a minority shareholding during the initial share purchase in June 2012, and actively participated in the financial management of Mackolik, including crafting the backbone of the reporting documents required by Perform. During the sale of the remaining shares, Aventio advised the remaining minority founders where it played an active role in the negotiations of the SPA signed between Mackolik and Perform.

Clientmackolik.comDateMay 2016