Core Finance functioned as the exclusive sell-side advisor for Medianova’s growth equity transaction with Turkven. Medianova is recognized as one of Turkey’s leading pure-play connectivity providers and ICT services pioneer, offering solutions in performance optimization, cybersecurity, and cloud infrastructure.
Established in 2005 in Istanbul, Medianova maintains a robust network of over 50 Points of Presence (PoPs) across five continents, including 25+ cloud locations. The company serves approximately 300 enterprise clients across more than 20 countries with a workforce exceeding 70 employees.
Turkven, the alternative asset manager leading this growth equity round, manages approximately $1.5 billion in assets under management. The investment enables Medianova to expand regional market presence, broaden service offerings, and accelerate entry into new markets while investing in cybersecurity and edge computing capabilities.
Medianova’s founder and CEO emphasized that “with Turkven’s support, we can accelerate our expansion, bolstering our global competitiveness and reinforcing our regional market leadership.”