Alpacar Associates acted as financial advisor to the shareholders of Mikrogrup on the sale of a controlling stake to TeamSystem

Mikrogrup is a leading software group with a focus on developing business software solutions for small and medium-sized enterprises (SMEs) and Certified Public Accountants (CPAs). The firm has a diverse product portfolio including accounting, digital transformation, integration, cloud, e-commerce, and back-up solutions and serves more than 150,000 customers, ca. 20,000 of which are CPA offices.

TeamSystem, with a rich history spanning over 40 years, is a leading global provider of cutting-edge business software solutions tailored to various industries. With its broad portfolio of solutions including accounting, payroll, and business management software for CPAs and SMEs, TeamSystem serves more than 2 million customers in multiple countries.

Alpacar Associates continues to trailblaze in successfully executing transactions in Turkey and abroad, where year-to-date we have not only acted as financial advisors of Mikrogrup shareholders in this important transaction but also have advised Constantia Flexibles of Austria in the acquisitions of Lászlópack in Hungary, and of Drukpol in Poland, and acted as the financial advisor of Kamco Invest of Kuwait on the sale of Bıçakçılar Global to Koç Yaşa of Koç Holding. These transactions are a testament to Alpacar’s consistency in providing outstanding advisory services to its clientele across the globe.