Arma Partners is pleased to announce that it has acted as financial advisor to Mikrogrup on its sale of a controlling stake to TeamSystem.

Headquartered in Istanbul, Mikrogrup is a leading software group with a focus on developing business software solutions for small and medium-sized enterprises (SMEs) and Certified Public Accountants (CPAs) in Turkey. The firm has a diverse product portfolio including accounting, digital transformation, integration, cloud, e-commerce, and back-up solutions and serves more than 150,000 customers, ca. 20,000 of which are CPA offices.

TeamSystem, with a rich history spanning over 40 years, is a leading global provider of cutting-edge business software solutions tailored to various industries. With its broad portfolio of solutions including accounting, payroll, and business management software for CPAs and SMEs, TeamSystem serves more than 2 million customers in multiple countries.

This transaction further underscores Arma Partners’ unrivalled expertise in the enterprise software ecosystem, and our track record of successfully executing cross-border transactions involving global strategic buyers.