Ticimax Sells Majority Stake to Team.blue

Deal News | Jun 27, 2025 | CEE Legal Matters

The Turkish e-commerce software developer Ticimax, founded and owned by Cenk Cigdemli, has reached an agreement to sell a majority stake to Team.blue, a European digital services provider. The transaction is still pending regulatory approval. The legal advisory team for Ticimax was from Gen Temizer Erdogan Girgin, while Kolcuoglu Demirkan Kocakli advised Team.blue. The involved teams were composed of several partners and associates from both law firms, highlighting significant collaboration and expertise brought to the transaction.

Sectors

E-commerce Software
Digital Services
Legal Services

Geography

Turkey – Ticimax is a Turkish company, indicating a geographical focus on Turkey.
Europe – Team.blue is a European company, situating part of the transaction's geographical interest in Europe.

Industry

E-commerce Software – The article discusses Ticimax, a company involved in developing software for e-commerce platforms, indicating its relevance to the E-commerce Software industry.
Digital Services – Team.blue, the acquirer, provides digital enablement services, classifying it within the digital services industry.
Legal Services – Involvement of legal advisory firms Gen Temizer Erdogan Girgin and Kolcuoglu Demirkan Kocakli highlights the importance of legal services in the transaction process.

Financials

Participants

Name	Role	Type	Description
Ticimax	Target Company	Companies	A Turkish e-commerce software developer.
Cenk Cigdemli	Founder and Sole Shareholder	People	Founder and sole shareholder of Ticimax.
Team.blue	Bidding Company	Companies	A European provider of digital enablement services for small and medium-sized businesses.
Gen Temizer Erdogan Girgin	Legal Advisor for Ticimax	Companies	The law firm advising Ticimax on the sale.
Kolcuoglu Demirkan Kocakli	Legal Advisor for Team.blue	Companies	The law firm advising Team.blue on the acquisition.