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NBK Capital Takes Majority Stake in Sistem 9 Medya

Sistem 9 Medya [1], the largest digital signage company in Turkey (we hear that they do approximately USD 15M in revenues and have double digit EBITDA) did a deal a month or so a go with NBK Capital.

sistem nine [2]

Shown above from left to right is Kaan Akin (CEO and Founder of Sistem 9 Medya), Amjad Ahmad (Senior Managing Director – NBK Capital) and Baris Oney (Managing Partner, Globalturk Capital).

We understand that Globalturk Capital introduced the transaction to NBK Capital. NBK Capital now has a majority stake in the company. Sistem 9 Medya has a major presence in the banking vertical, the QSR vertical, the Cinema vertical and retail – they also run 90% of these networks and they sell advertising on a large scale Salon Network and into EVERY BP gas station in Turkey as well as run those networks.

Sistem 9 Medya are finalists at The DailyDOOH Gala Awards [3] for their work with Günaydın Restaurant Digital Menu Boards in the ‘Best QSR / Bar or Restaurant Deployment’ category and for their work t the Cinemaximum Akasya Mall in the ‘Best Overall Retail Experience’ category.