Turunc, working with Travers Smith, Slaughter & May, and Fried Frank, has advised Ascential on the sale of its WGSN global consumer trends forecasting and product design business to funds advised by Apax Partners for a total enterprise value of up to GBP 700 million. Reportedly, August Debouzy, Bowman Gilfillan, Chiomenti, Clayton Utz, FCR Law, Gomez-Acebo & Pombo, Howse Williams, Latham & Watkins, and Noerr advised Ascential as well. Allen & Overy and Kirkland & Ellis reportedly advised Apax Partners.
Ascential is a specialist information, data, and analytics company listed on the London Stock Exchange and part of the FTSE 250 Index.
Apax Partners is a UK-based global private equity firm. It has raised and advised funds with aggregate commitments of over USD 65 billion.
The Turunc team included Founding Partner Noyan Turunc, Managing Partner Kerem Turunc, Partners Iltem Dokurlar and Esin Camlibel, and Associates Naz Esen, Beste Yildizili Ergul, and Ovgu Kopal.