VRG Expands Global Network with Turkish Valuation Powerhouse Denge Değerleme

Valuation Research Global (VRG), a leading international valuation and advisory services group, has significantly expanded its global footprint by welcoming Turkey-based independent valuation firm Denge Değerleme into its network. This strategic partnership connects VRG's established multinational platform with Denge Değerleme's formidable local expertise, creating a powerful alliance in the valuation sector. Founded in 2005, Denge Değerleme is a heavyweight in the Turkish market, delivering comprehensive valuation services for real estate, machinery, equipment, corporate assets, and insurance. The firm's impressive credentials include accreditation from the Royal Institution of Chartered Surveyors (RICS), authorization from Turkey's Capital Markets Board and Banking Regulation and Supervision Agency, and a Certificate of Excellence in Quality from The Socrates Committee in Oxford, UK.

Denge Değerleme's operational scale and proven track record make it a formidable addition to the VRG network. The firm operates from 10 offices across Turkey and one in the Netherlands, employing 113 certified valuers and a total team of over 150 professionals. In 2024 alone, the firm completed nearly $40 billion USD worth of tangible fixed asset valuation, demonstrating its capacity for high-volume, high-quality work. Leadership is anchored by Chairman Baki Budakoğlu and General Manager Simla Budakoğlu Sönmezler, with Cem Kurt, European Region Manager, serving as the primary contact for global inquiries. The firm is particularly noted for having the largest machinery and equipment (M&E) appraisal team in Turkey, combining seasoned appraisers, engineers, and financial experts with advanced technology to serve banks, financial institutions, corporations, investors, and public entities. More information about the firm can be found here, providing direct access to its detailed profile and services.

For VRG, a group formed in 1995 with over 1,500 professionals across nearly 50 offices on five continents, this integration strengthens its service offerings in a key Eurasian market. The network, which has served clients in more than 100 countries, specializes in providing expert, independent opinions of value for business enterprises, intangible assets, real estate, and personal property. By incorporating Denge Değerleme, VRG not only gains a partner with deep regulatory knowledge and a sterling reputation for meeting both international and local standards but also enhances its ability to support complex, cross-border transactions and valuations involving Turkish assets. This move underscores the ongoing consolidation and globalization within the professional valuation services industry, where networks seek to provide seamless, locally-informed, and globally consistent advice to an increasingly interconnected client base.