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By: 24-7 Press Release
December 1, 2025

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VRG adds new member firm in Turkey

NEW YORK, NY, December 01, 2025 /24-7PressRelease/ -- Valuation Research Global (VRG), a full-service, internationally connected group that focuses on valuations and other value-related services, announced today that Turkey-based independent valuation firm Denge Değerleme has joined the network.

Founded in 2005, Denge Değerleme delivers comprehensive valuation and advisory services across real estate, machinery, equipment, corporate assets, and insurance. The firm is accredited by the Royal Institution of Chartered Surveyors (RICS), authorized by both the Capital Markets Board of Turkey and the Banking Regulation and Supervision Agency, and was honored with the Certificate of Excellence in Quality from The Socrates Committee in Oxford, UK.

Denge Değerleme has supported banks, financial institutions, corporations, investors, and public entities with reliable valuation solutions that meet international and local regulatory standards. The firm combines the expertise of seasoned appraisers, engineers, and financial professionals with advanced technological infrastructure to enable high-volume, high-quality reporting, and it is also recognized for having the largest M&E appraisal team in Turkey.

Leadership at Denge Değerleme includes Baki Budakoğlu, Chairman, and Simla Budakoğlu Sönmezler, General Manager and Board Member. Cem Kurt, European Region Manager, is the primary contact for all global inquiries and leads international collaborations.

The firm has 10 offices across Turkey and one in the Netherlands with 113 certified valuers and a full team of over 150 colleagues. In 2024, the firm completed nearly $40 billion USD worth of tangible fixed asset valuation.

More information about the firm can be found here.

About VRG
Valuation Research Global (VRG) is a full-service, multi-national valuation and advisory services group. Formed in 1995, its global network has been providing quality valuations and value-related services for the U.S. and international business communities. Among its member firms, it has over 1,500 professionals and an established reputation for providing expert and independent opinions of value for business enterprises, intangible assets, real estate, and personal property. Collectively, VRG professionals have served clients in more than 100 countries. VRG's international offices span five continents with nearly 50 office locations across North, South and Central America, Europe, Asia, and Australia.

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