Hurriyet Emlak raises growth capital funding from Goldman Sachs

Turkish leading digital real estate platform Hurriyet Emlak has raised growth capital funding from Goldman Sachs, one of the largest investment banks in the globe, to accelerate the digitization process in Turkish real estate industry and further strengthen its market position. Founded in 2006, Hurriyet Emlak is the real estate vertical leader in Turkish online classifieds sector, hosting c. 13 thousand real estate agencies which publish almost 1 million listings on its platform attracting average monthly visits of 20 million during 2018.

Aventio (formerly the technology investment banking team at Odin Financial Advisors) acted as exclusive financial advisor to Hurriyet Emlak and its shareholder Dogan Holding managing the fundraising process, identifying and contacting selected investors, assisting and advising in transaction structuring, preparation of Hurriyet Emlak’s detailed financial model as well as marketing documents, orchestration of due diligence process, and leading the definitive transaction documentation negotiations.

ClientHurriyet Emlak, Dogan HoldingDateDecember 2018