Corporate Governance Advisory
Advisory that protects and grows the value of companies for the long term.
We advise holding groups, family businesses and foreign investors on mergers and acquisitions, valuation, internal audit, corporate governance and human resources, with a focus on quality and assurance.
Our principle
We safeguard national wealth in a global economy. We measure the value of your company, make its risks visible and strengthen its governance, so that what you have built can be handed on from one generation to the next.
Independent, rigorous advice built for the long term

With a team that brings more than 40 years of professional experience, we protect the value of companies through sound governance, reliable audit and well-grounded decisions.
Our priority in every engagement is clear: read the information correctly, make risk visible and give management recommendations it can act on.
About- Years of combined professional experience
- 40+
- Practice areas
- 6
01Our services
Six practice areas under one institutional roof
- 01
Mergers and Acquisitions Advisory
Advice on buying, selling and merging companies: strategy, valuation, due diligence and negotiation, in Türkiye and abroad.
- 02
Company and Brand Valuation
Valuation of companies and business units to accepted standards for mergers, demergers, sales and new partners, with full reporting.
- 03
Internal Audit and Control
Risk-based internal audit and internal control advisory covering compliance, performance, financial, IT and systems audits.
- 04
Corporate Governance Advisory
Board structure, family constitutions, institutionalisation and strategy: bringing corporate governance principles into the company.
- 05
Human Resources Management
Job analysis, workforce planning and personnel processes, handled with discipline rather than improvisation.
- 06
Digital Transformation and AI
Building operating systems, AI-enabled automation across sales, finance and operations, and cross-functional control systems for measurable efficiency.

Istanbul · Beyoğlu
Based in the heart of Istanbul; working across Türkiye and around the world.
02Our approach
A disciplined way of working, in four steps

01
Understand
We begin by listening: to the company’s structure, its ownership and management relationships, its objectives and its priorities. We do not propose solutions before we have found the right question.
02
Analyse
We examine financial, operational and managerial data, and set out risks and sources of value objectively.
03
Structure
Based on the findings, we design a practical roadmap specific to the business, with the policies, processes and reporting structure it requires.
04
Implement and assure
We support the implementation of decisions, monitor results and provide management with regular, clear reporting.
Why Hector?
A symbol of good virtue
This is what the defeated have over the victorious, and what makes them immortal: they are both the founders of great stories and the symbols of the virtues we need as human beings. Hector was that yesterday, and he is today.
For Hector Kurumsal, the name stands for three things: protection, duty and integrity. To protect what is entrusted to us, to meet our responsibilities without compromise, and to remain honest in every engagement.
Read our story03Our advisors
Independent experience, brought together under one roof
Our advisors bring years of experience in audit, finance, investment and management.
Our advisors
Mehmet Yalçın
Sworn Financial Advisor · Audit & Tax
Sworn Financial Advisor (YMM) · Independent Auditor

Necdet Varcan
Corporate Governance & Operations

Korhan Akaydın
Corporate Finance and M&A
Uğur Uçak
Digital Transformation & AI
04An integrated approach
One team, complementary expertise
We treat valuation, audit, governance and financing not as separate exercises but as one connected whole. A valuation finding in an acquisition is reflected in governance and internal control at the same table.
- Acquisition and merger strategy
- Target screening and buyer search
- Company valuation and price range analysis
- Due diligence and performance analysis
- Negotiation strategy and meeting coordination
- Market entry support for foreign investors in Türkiye
- Process advisory for Turkish companies investing abroad
- IPO, sale-and-leaseback and alternative financing advisory
- Analysis of past and current performance
- Total value and business-unit values
- Analysis of value drivers and detractors
- Forecasts and pro forma financial statements
- Capacity and cost analysis for companies without financials
- Sector research and analysis
- Valuation reporting
- Compliance audit
- Performance audit
- Financial audit
05Insights
Perspectives on internal audit and corporate governance
Valuation
Company Valuation Methods: Discounted Cash Flow, Market Multiples and Net Asset Value
When to use each of the three core valuation approaches, how to reconcile their results, and why value and price are not the same thing.
7 min readMergers & Acquisitions
Due Diligence Before Acquiring a Company: A Comprehensive Checklist
A due diligence checklist covering financial, tax, legal, HR, IT and commercial workstreams, and how findings feed into price and the share purchase agreement.
6 min readCorporate Governance
Institutionalising the Family Business: Governance and the Family Constitution
How family businesses separate family, ownership and management, plan generational transition, and what a family constitution should contain.
6 min read

Let us plan your company’s next step together
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