Valuation Research Global (VRG), a full-service international valuation and advisory group, announced today that Turkey-based independent valuation firm Denge Değerleme has joined its network. This strategic addition strengthens VRG's presence in Turkey and the broader European region, offering clients enhanced access to local expertise and international standards.
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. This recognition underscores its commitment to high-quality, reliable valuations that meet international and local regulatory standards.
Denge Değerleme has supported banks, financial institutions, corporations, investors, and public entities with robust valuation solutions. The firm combines the expertise of seasoned appraisers, engineers, and financial professionals with advanced technological infrastructure to enable high-volume, high-quality reporting. Notably, it is recognized for having the largest machinery and equipment (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.
The addition of Denge Değerleme to the VRG network provides clients with access to a firm deeply rooted in the Turkish market while adhering to global best practices. For more information about Denge Değerleme, visit their website here.
VRG, formed in 1995, is a full-service, multi-national valuation and advisory services group. Its global network includes over 1,500 professionals across nearly 50 offices on five continents, serving clients in more than 100 countries. VRG member firms provide independent opinions of value for business enterprises, intangible assets, real estate, and personal property, maintaining a reputation for expertise and reliability.
