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Ak PE Fund I and Fund II invested into Bulutistan, The Cloud Systems Integrator

Ak PE Fund I and Fund II invested into Bulutistan by acquiring 25% stake in the company. Bulutistan stands out as the first local cloud systems integrator offering hybrid cloud solutions such as data storage and cloud management to blue chip clients.

Bulutistan, the first cloud integrator in Turkey established by Begim Anıl Başlıgil and Orçun Murat Özalp in 2015, has managed to receive prestigious recognitions and awards such as “number one and the fastest growing technology company in 2019” from Deloitte among its annual “Fastest Growing 50 Tech Companies” list in its limited 5 year lifetime. The Company also received “Outstanding Solutions Winner” award in IBM Beacon Awards for its most effective utilization and integration of IBM hardware for SAP/HANA globally.

Our target is to secure Bulutistan’s significant position in the highly growing Turkish cloud market, which has shown a significant 29% growth in USD terms in 2019.

Source: Ak Asset Management

About Barış Öney

Barış Öney
Barış Öney has over 28 years of worldwide and diverse experience in pre and post investment management, M&As, IPOs and strategic advisory as a CEO, CFO, board member/advisor, investment banker, corporate finance advisor, strategic/international business development manager and as a project manager and engineer.

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