Axes M&A’s aim is to continuously look at an investment proposal through the eyes of the targeted investors based on Axes’ sectorial expertise, geographical reach and entrepreneurial spirit. This allows Axes to structure and formulate tailor-made investment proposals that are closely aligned with client needs and priorities.
Sectors of Expertise
Axes Capital advised one of Canada's largest pension plan in their acquisition of a 45% stake in Polat Enerji, the leading wind energy developer in Turkey.
Polat Enerji has become, over the course of the past 10 years, the Turkish Leader in Wind Power Production. Having benefited from the development expertise of EDF Energies Nouvelles combined with the local leadership of Adnan Polat (Chairman of Polat Enerji), Polat Enerji has successfully developed 8 projects across the country with a total combined capacity of ~600 Mega Watts. Axes’ client purchased 45% of the shares with 45% of the share belonging to EDF EN and 10% belonging to Adnan Polat. As part of the transaction, local management will remain in place.
Detailed terms of the transaction are not disclosed but the company (including debt) is valued in the €1bn range. The acquisition marks a significant milestone for Canadian Institutional Investors making Axes’ client the first Canadian Institution to invest directly in Turkey.
Axes Capital acted as lead M&A advisor to the Buyer on the acquisition of Polat Enerji.