Kuwait private equity firm NBK Capital acquired 51% stake in Turkey advertising firm
NBK Capital, a private equity firm based in Kuwait, has acquired a 51% stake in Sistem-9 Medya an advertising and digital signage firm in Turkey.
Established in 2005, Sistem-9 Medya is a provider of end-to-end Digital Signage integration solutions and Digital Out-of-Home advertising channels. NBK Capital Equity Partners Fund II is a $310 million private equity fund focused on acquiring stakes in growth companies.
NBK Capital is listed in the Middle East Investors Directory with the code OR41.
More details follows
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