Company Profile
ICU Girisim Sermayesi Yatirim Ortakligi is a venture capital investment trust specializing in seed/startup, early, mid venture, middle market, buyouts, PIPEs investments in small and medium enterprises.
The fund seeks to invest in healthcare including all areas except hospital services (medical equipment, pharma, distribution, logistics, consumables, IT, laboratories, insurance, and payment systems).
Its portfolio also includes telecom, technology including IT, software, hardware, media, internet, infrastructure including energy, waste management, logistics, clean technology, and business services including finance, hospitality, and education. It prefers to invest in Turkey.
The fund typically invests between $1 million and $10 million in companies with sales between $5 million and $20 million and EBITDA between $0.75 million and $3 million. It prefers to take a majority stake.
However, the fund can also selectively invest with a minority stake. It seeks to hold financial and board level control in its portfolio companies. The fund seeks to exit its investments in five years either through a block sale or an IPO.