Quantum Partners advises Omnes Capital on the sale of Tennis-Point shares to SIGNA Retail
E-commerce / Sports / Tennis and running articles
E-commerce has become an essential part of retailers’ and brands’ sales strategy also in the sport equipment sector. The share of tennis rackets sold online in Germany has been growing significantly in recent years and, in 2014, amounted to approx. 35% of the total German racket market. This offers an attractive perspective for online sport shops, not only with respect to tennis rackets, but for the entire tennis product range.
Tennis-Point is the undisputed market leader in the tennis equipment retail segment with significantly higher margins than its nearest competitor. Compared to its five main competitors, Tennis-Point offers the widest range of tennis products and brands. Thanks to strong long-lasting relationships with almost all the most sought-after brands, Tennis-Point can offer a wide range of exclusive products and an early launch of the latest collections.
For the purpose of expansion, Tennis-Point has brought two venture capital providers on board, Omnes Capital and Vorwerk Ventures, who have provided strategic management support in addition to capital. After years of successful cooperation, the aim of the investors was to transfer their stake to an investor who will support Tennis-Point in its further expansion.
Tennis-Point, the number 1 tennis multi-channel retailer in Europe, has a comprehensive range of more than 12,000 tennis and running articles from over 100 different sports brands, private labels and exclusive brands. The articles are sold in Tennis-Point’s 19 online shops and 12 stores positioned in very attractive locations in the DACH region.
About SIGNA Retail
SIGNA Retail groups together several independent German retail companies. These include The KaDeWe Group, Karstadt sports and Karstadt Warenhaus, OUTFITTER, dress-for-less, the joint venture with EATALY, and Internetstores. With its subsidiaries, SIGNA Retail is one of the largest companies in the German retail sector.
About Quantum Partners
Quantum Partners GmbH, headquartered in Munich, is a specialized corporate finance advisor that supports clients in company transactions as well as in finding financing.