Mediterra Capital successfully completes fundraising with €164 mm commitments

High-profile institutional investors back Mediterra Capital

Mar 22, 2013, 11:00 ET from Mediterra Capital

NEW YORK, March 22, 2013 /PRNewswire/ -- Mediterra Capital successfully completes fundraising with total commitments of €164 million, aims to catalyze growth of Turkish mid-market companies by providing growth capital and corporate governance best practices. High-profile institutional investors back Mediterra Capital Mediterra Capital Management Limited ("Mediterra"), an independent private equity firm investing in Turkish companies, held a final close on its debut fund Mediterra Capital Partners I, LP at €164 million. For the final close, Alpinvest, IFC, FMO and Siguler Guff joined international institutional investors of Mediterra. Co-founder and Managing Partner Ahmet Faralyali said "we are particularly proud of having a unique mix of top-notch investors from Europe and the USA, as well as leading Turkish industrialist families and entrepreneurs, who provide us with a tremendous competitive advantage in the Turkish market." Mediterra partners with business owners or management teams to build value together by providing them with the capital and know-how to implement corporate governance best practices needed to achieve business objectives. "Our philosophy is to act as a catalyst for change in the Fund's portfolio companies, we bring to the partnership the experience of our team having served on 22 company boards in 9 countries" said Co-founder and Managing Partner Murat Erkurt. Mediterra pursues investment opportunities across a wide range of industries, and invests in both Istanbul, as well as beyond Istanbul, recognizing Istanbul only represents c. 30% of the Turkish economy. Mediterra made its second investment in November 2012 Mid-market focused fund has already invested in two fast growing companies in Turkey, Mikro Odeme and Mobiliz. The firm has helped Mikro Odeme achieve significant market share gains in Turkey and also helped the Company with its recent joint venture to expand in the MENA region. Although Mobiliz investment is only two months old, the firm worked with Mobiliz founders to quickly launch a new business model which is expected to increase Mobiliz's market share significantly while also growing the telematics market itself.

About Mediterra Capital Mediterra Capital Management Limited ("Mediterra"), is an independent private equity firm focused on investing in Turkish companies and manages Mediterra Capital Partners I, LP. Mediterra held the Final Close of its debut fund, Mediterra Capital Partners I, in January 2013 at €164 million, backed by international institutional investors as well as leading Turkish industrialist families and entrepreneurs as Limited Partners in the fund. Mediterra employs a world class team that has global private equity experience as well as Turkish deal making experience, with investment professionals from Kohlberg Kravis Roberts (KKR), Lehman Brothers, Bedminster Capital and ?? Private Equity. The Team has served on 22 boards in 9 countries across a dozen industries. Mediterra is actively investing in mid-market companies with enterprise values ranging from €25 million to €250 million, geographically focusing on broader Turkey particularly to Anatolian businesses and targeting export driven industrial companies as well as domestic consumer demand driven sectors.

For more information, visit Tel: +90 212 323 5400

Media Contact: Ahmet Faralyali , +90 212 323 5400,

SOURCE Mediterra Capital