SAS Finance successfully completed the sale of Radore Veri Merkezi Hizmetleri A.S. to Dogus SK Private Equity and İş Private Equity consortium.
Dogus SK Private Equity and Is Private Equity Consortium completed the acquisition of majority stake in Radore Veri Hizmetleri A.Ş., the leading independent colocation and dedicated data center services provider in Turkey.
SAS Finance acted as the sell-side advisor of Radore in this transaction.
Founded in 2004, Radore offers reliable, flexible, and advanced data-center solutions through which its customers lower their overall cost of doing business. With a capacity of 10,000 servers, Radore is the largest independent data-center company in Turkey.
About Dogus SK:
Dogus SK Private Equity is a jointly formed private equity fund of Dogus Group of Turkey and SK Group of South Korea. The private equity fund established by Dogus and SK Group will have an initial capital of USD 100 million, which is expected to reach USD 500 million with the addition of other investors from Turkey and abroad.
About Is Private Equity:
İs Private Equity is a capital market institution linking entrepreneurs to the capital markets and aims to support high-growth potential SMEs during their development, enabling them to surpass their capital requirement. As of December 2013, İs Private Equity had invested US$112.3 million of equity in its portfolio companies and also supported US$344.9 million of debt placement, creating resources of a total of US$457.2 million.