Hitay Holding

Overview

Hitay Holding is a Turkish conglomerate specializing in corporate venture capital across various sectors. With over 45 years of experience and more than 1,000 employees, the company provides end-to-end solutions to over 4,500 corporate customers in system integration and operates in more than 60 countries in security technologies. Additionally, it serves over 5 million individual users in the online sports betting sector and contributes to a sustainable future with its 1,000 MW capacity in geothermal energy. The company's investment strategy focuses on sectors such as technology, energy, online sports betting, and security technologies. Hitay Holding has a diverse portfolio, including Teknoser, a leading system integration and field services firm; Bilyoner, Turkey's first legal online sports betting platform; Exim, a company specializing in security technologies; and AltılıGanyan.com, an online horse racing betting platform. The company invests across various stages, from seed to buyout, and has a geographical focus on Turkey and Indonesia. Hitay Holding's investment philosophy emphasizes creating value through innovation and entrepreneurship. The company has a track record of successful investments, including the establishment of Inteltek A.Ş., a joint venture with Turkcell and Intralot, which launched the İddaa sports betting game in Turkey. In 2006, Hitay sold its 20% stake in Inteltek to Intralot for $80 million, marking one of the most valuable share sales in Turkey at the time. The company's commitment to innovation is also evident in its energy investments, with a goal of developing up to 1,000 MW in geothermal energy projects in Indonesia.

Investment Focus

• Innovative business models
• Scalable operations
• Experienced management teams
• Strong market potential
• Alignment with Hitay Holding's strategic interests

Portfolio Companies