Autoking has sold its remaining shares to General Automotive Services BV
The private shareholders of Autoking have sold their remaining 50% of the company to General Automotive Services BV (GAS) for an undisclosed consideration.
Founded in 2001, Autoking is the leading auto service provider in Turkey, serving the insurance companies and car owners with its unique business applications for the small and medium size damages. The company operates in Turkey, Russia and Greece.
General Automotive Services BV is a subsidiary of Cooperative Turkish Equity Investments UA.
Oaklins' team in Turkey advised the founding shareholders of Autoking when they sold a 50% stake in the company in 2013 to the PE-backed General Automotive Services BV. Our team also acted as the exclusive financial advisor to Autoking’s shareholders in the sale of their remaining stake in Autoking to GAS.
![](/files/styles/hero_image/public/AUTO%20deal%206_0.jpg)
![](/api/deal-party-images/101613/deal-parties.png)
Talk to the deal team
Related deals
INNOTEX has been acquired by Clearspring Capital Partners
INNOTEX, a manufacturer of personal protective equipment for firefighters and first responders, has completed a strategic partnership with Clearspring Capital Partners.
Learn moreGARAIO has been acquired by Netrics Group
Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.
Learn moreAptic has received a minority investment from Sofiouest
The shareholders of Aptic have completed a primary minority LBO with Sofiouest.
Learn more