Deals Counterparts

Mediterra Capital exits Pronet Security

Project Sale Security announced Istanbul, Turkey Jul 1, 2024
Paycore
Project

Mediterra Capital exited its investment in Pronet Security. The sale marks the end of Mediterra Capital's involvement with the security company.

Source Intelligence

KEY DETAILS

Mediterra acquired Paycore in 2021 and held the company for less than three years. "Mediterra acquired Paycore in 2021 and held the company for less than three years." The sale marks the first exit from its EUR 166m, 2016-vintage second fund. "marking the first exit from its EUR 166m, 2016-vintage second fund."

Location
It is headquartered in Istanbul.
Announcement
Turkish private equity firm Mediterra Capital Partners has sold payment services provider Paycore to fintech platform Param in a deal that was announced last week
PARTIES MENTIONED IN SOURCE
M
Mediterra Capital Partners seller

"Turkish private equity firm Mediterra Capital Partners has sold payment services provider Paycore to fintech platform Param"

P
Paycore target

"Turkish private equity firm Mediterra Capital Partners has sold payment services provider Paycore to fintech platform Param"

P
Param buyer

"Turkish private equity firm Mediterra Capital Partners has sold payment services provider Paycore to fintech platform Param"

high quality Enriched Feb 19, 2026

Timeline

Announced
Jul 1, 2024
Signed
Closed
1 of 1 Security deals tracked this month · Updated daily

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