The process for TERA Group to become the majority stakeholder in Turkey’s leading cybersecurity brand, BARİKAT Group has reached its final stage, with an official agreement signed between the parties.
BARİKAT Group has successfully concluded its negotiations with TERA Group, one of Turkey’s prominent investment groups. This significant development has also been disclosed to the public today through the Public Disclosure Platform (KAP).
Upon receiving the necessary approvals and completing the closing procedures, TERA Group (through its various companies and investment funds) will acquire a 60% stake in Barikat Group’s parent company, Barikat İnternet Güvenliği Bilişim Ticaret A.Ş., becoming the majority stakeholder.
BARİKAT Group CEO, Murat Hüseyin Candan, stated that this development will provide the necessary strength for the group to achieve a stronger position in global markets. “This M&A process will support our existing growth strategies and enable BARİKAT Group to become a more significant player on a global scale. TERA Group’s involvement will strengthen BARİKAT’s corporate structure and business processes, further enhancing our brand value with the contributions of our employees. All the management and staff will continue to perform their duties as they have done so far.” he said.
About BARİKAT Group : BARİKAT Group, since the establishment of its first company in 2008, has become a leading brand in Turkey’s cybersecurity market. The group operates twelve companies that focus on specialized areas of cybersecurity, with operations in Turkey, Qatar, and Azerbaijan.
About TERA Group : TERA Group is one of Turkey’s leading investment groups, investing in companies across various sectors. Specializing in technology, finance, and venture capital, TERA Group aims to establish a strong presence in the cybersecurity sector through its majority stake in BARİKAT Group.
