Simpson Thacher represented KKR in its sale of Turkish ferry business U.N. Ro-Ro Isletmeleri AS to a partnership of local private equity firms consisting of Esas Holding AS and Actera Partners LP.  .

U.N. Ro-Ro provides sea transport between Turkey and Western Europe as an alternative mode of transport to land routes through Eastern Europe and the Balkans.

The Simpson Thacher team working on the transaction included Gregory Conway, Wim De Vlieger, Sven Frode Frolund, and Adam Wollstein (M&A); and Kate Sinclair (Credit). Summer associate Ariana Watson also provided valuable assistance.