About us

Who We Are

Dora Capital is an independent investment banking firm based in Istanbul, providing financial advisory services on mergers and acquisitions and fundraisings.

Founded by three partners with more than ten years of experience in M&A advisory each, Dora Capital encompasses an energetic team with a fresh perspective. Dora Capital partners take pride in their hands-on approach, 24/7 accessibility, and senior-level dedication to every client. We leverage our strong relationships with Turkish entrepreneur-owned companies, corporate leaders, and private equity firms to structure complex transactions. Our unbiased and quality advice offering culminates around trust, pragmatism, confidentiality, and integrity.

We believe M&A is a complex transforming event for a company and its stakeholders. As such, a successful M&A process is tremendously demanding to achieve. On one side, vast experience, knowledge, and network are required to set the strategy, a tailored game plan meeting the expectations of each client. On the other, dedication, endurance, attention to detail, and a great deal of work are indispensable pillars to precise transaction execution. Leveraging on our resources, we go above and beyond and spare no effort to achieve the most out of a transaction for our clients.

Our services and related experience are:


Sell-side advisory to :

  • Zirve Yazılım shareholders on their sale to Turkven
  • Mikro Yazılım shareholders on their sale to Turkven and Earlybird
  • Big Chefs shareholders on their sale to Taxim Capital
  • Yum! Brands on the sale of KFC Turkey to Abraaj Group
  • Özgörkey shareholders on their stake sale in Atakey
  • Kemal Kükrer shareholders on the sale of their remaining 50% shareholding to Ajinomoto
  • Veser shareholders on their sale to Vinmar
  • Bursa Pazarı shareholders on their sale to Bunzl
  • Mado shareholders on their proposed minority stake sale to VCB
  • Ozsut shareholders on their majority stake sale to Infinity Invest
  • Envy shareholders on their sale to Assystem
  • Penti shareholders on their minority stake sale to Carlyle
  • SPX shareholders on their majority stake sale to Global Investment House
  • Romatem shareholders on their fundraising from Pinebridge
  • Mikro Ödeme shareholders on their sale to Mediterra Capital
  • Elsys shareholders on their sale to itelligence
  • Sigma shareholders on their sale to Asseco Group
  • MyTechnic shareholders on their sale to HNA Group
  • Bıçakcılar shareholders on their sale to Global Investment House
  • Debt financing advisory to Anadolu Hospitals for the mezzanine loan from ADM Capital (Ceecat Capital)

Buy-side advisory to :

  • PPF on its equity partnership with Sabancı Holding in Temsa
  • Karaca on its acquisition of Weimar Porzellan
  • Bunge on its acquisition of Ana Gida from Anadolu Group and Bedminster Capital
  • Oyak on its acquisition of Akdeniz Kimya
  • Anadolu Hospitals on their acquisition of Medline Antalya from Esas Holding
  • Anadolu Hospitals on their acquisition of Alanya Can Hospital

Fundraising advisory to :

  • Cube Games on its growth equity investment round
  • Champy Games on its seed investment round
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