Valuation Research Global Expands International Network with Addition of Turkish Firm Denge Değerleme
TL;DR
Valuation Research Global gains competitive advantage by adding Turkey's largest M&E appraisal team, Denge Değerleme, expanding its international valuation network and expertise.
Denge Değerleme, founded in 2005 with 113 certified valuers, uses advanced technology and regulatory accreditations to provide comprehensive valuation services across multiple asset classes.
This partnership enhances global valuation standards, supporting reliable financial decisions that strengthen international business communities and economic stability worldwide.
Denge Değerleme completed nearly $40 billion in tangible asset valuations in 2024, operating from 11 offices across Turkey and the Netherlands.
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Valuation Research Global (VRG) announced the addition of Turkey-based independent valuation firm Denge Değerleme to its international network. This expansion brings VRG's global network to include a firm with significant expertise in the Turkish market and established European presence through an office in the Netherlands.
Denge Değerleme, founded in 2005, provides comprehensive valuation and advisory services across multiple asset classes including real estate, machinery, equipment, corporate assets, and insurance. The firm maintains accreditation from the Royal Institution of Chartered Surveyors (RICS) and holds authorization from both the Capital Markets Board of Turkey and the Banking Regulation and Supervision Agency. Additional recognition includes the Certificate of Excellence in Quality from The Socrates Committee in Oxford, UK.
The Turkish firm has developed substantial capacity in the valuation sector, operating 10 offices across Turkey with 113 certified valuers and a total team exceeding 150 professionals. In 2024 alone, Denge Değerleme completed nearly $40 billion USD worth of tangible fixed asset valuations, demonstrating significant market presence and operational scale. The firm is particularly noted for having the largest machinery and equipment appraisal team in Turkey, combining experienced appraisers, engineers, and financial professionals with advanced technological infrastructure to support high-volume, high-quality reporting.
Denge Değerleme's leadership includes Chairman Baki Budakoğlu and General Manager Simla Budakoğlu Sönmezler, with European Region Manager Cem Kurt serving as the primary contact for global inquiries and international collaborations. The firm has established experience serving banks, financial institutions, corporations, investors, and public entities with valuation solutions that meet both international and local regulatory standards.
This network addition significantly enhances VRG's capabilities in the European and Middle Eastern regions, providing clients with access to valuation expertise that understands both global standards and local market conditions. For international businesses operating in or expanding into Turkey, this development offers more seamless access to valuation services that can navigate complex regulatory environments while maintaining consistency with global valuation methodologies.
The integration of Denge Değerleme into VRG's network represents a strategic expansion that strengthens the group's ability to serve clients across borders with consistent, high-quality valuation services. More information about the firm can be found at https://www.dengedegerleme.com.tr. VRG's expanded network now includes nearly 50 office locations across five continents, with over 1,500 professionals collectively serving clients in more than 100 countries.
For global businesses requiring valuation services that span multiple jurisdictions, this network expansion reduces the complexity of coordinating valuation work across different markets. The addition of a firm with Denge Değerleme's regulatory authorizations and local market knowledge provides international clients with greater confidence in valuation outcomes that meet both Turkish regulatory requirements and international standards.
Curated from 24-7 Press Release

