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Kinstellar advises Vivense, the leading Turkish online furniture retailer, in relation to a USD 130 million investment by Actera

July 2020 – Kinstellar has assisted Vivense and its CEO and founder, Kemal Erol, in relation to a USD 130 million investment by Actera Group, the largest private equity firm focusing on investments in Turkey.

The new investment from Actera will, under the leadership of Kemal Erol, form the launch pad for the global expansion of Vivense’s online furniture business. The company plans to launch UK operations with a London showroom later this year, and its international e-commerce platform at the beginning of 2021.

The transaction represents the first successful exit for a venture capital fund, Digital East Fund, to a private equity firm in the region.

Kinstellar’s team was led by Baran Gen, Partner, supported by Mert Elcin, Senior Associate, with Irmak Seymen and Beliz Zorlu, Associates.

For more information please contact Baran Gen, Partner, at .

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