Multinet – Şevket Başev

France based Up Group, one of the leading payment system providers in the world, has agreed to sell a 50% stake of its Turkey based subsidiary Multinet to Şevket Başev, who also acts as the Chairman of the Multinet. Up Group and Şevket Başev have agreed on equivalent management and control rights on the business.

3 Seas Capital Partners has acted as financial and strategic advisor to Şevket Başev throughout the process.