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Schoenherr advised MT Bilgi Teknolojileri Sanayi ve Ticaret A.Ş., a Turkish developer of secure payment and POS technologies, on the sale of a majority stake to Castles Technology, a global provider of payment acceptance solutions. The transaction marks a significant international investment into the Turkish fintech sector and forms part of Castles Technology's broader global growth strategy.
Schoenherr provided sell-side support across all Turkish legal aspects of the transaction.
Founded in 2009 and operating within a group structure, MT Bilgi Teknolojileri A.Ş. specialises in developing secure, IP-based payment and POS technologies used widely across the Turkish financial services market.
Castles Technology is a recognised specialist in secure and innovative Android-based payment terminals and services. By acquiring a majority stake in MT Bilgi Teknolojileri A.Ş., the company strengthens its technological capabilities and expands its footprint in a key regional market.
The Schoenherr team advising MT Bilgi Teknolojileri A.Ş. included Levent Çelepçi (Partner), Murat Kutluğ (Partner), Emir Kuriş (Attorney at Law) and Damla Aydoğan (Associate).
Levent
Çelepçi
Office Managing Partner
türkiye
Katharina
Falkner
Corporate Communications Manager
austria vienna