Globalturk Capital has invested in Tempo Cagri Hizmetleri, a call center and distant services company in Turkey, by facilitating a co-investment alongside Mitsui. Baris Oney, founding and managing partner of Globalturk Capital, together with Tempo’s founding shareholders and representatives from Mitsui, will sit on the board of Tempo.
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Globalturk Capital is collaborating with the US-based Small Enterprise Assistance Fund to start exploring investment opportunities exclusively in the Turkish market and for Turkish companies who have growth strategies in and beyond Turkey. Investment style is a combination of equity and loan in the range of $1 to $7 million.