Investment Summary

Signa Holding Exits Tennis-Point

On October 20, 2023, invested in retailer Tennis-Point from Signa Holding

Investment Highlights
  • This is transaction in the Retail sector.
  • This is transaction in Germany.
Investment Fate
  • Tennis-Point was sold to a financial buyer in 2024.

Investment Summary

Date 2023-10-20
Target Tennis-Point
Sector Retail
Sellers(s) Signa Holding
Deal Type Bankruptcy

Target

Tennis-Point

Herzebrock-Clarholz, Germany
Tennis-Point is a company that specializes in selling tennis and running equipment. The company has been selling its products in 25 European countries and is on the way to becoming the biggest European seller of tennis equipment. Tennis-Point is based in Herzebrock-Clarholz, Germany.

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Seller(S) 1

SELLER

Signa Holding

Vienna, Austria

Category Company
Founded 1999
Sector Real Estate
DESCRIPTION

Signa Holding GmbH owns and manages a comprehensive property portfolio of extraordinary real estate properties. The company has succeeded in developing a property portfolio of more than 7.5 billion euros and a sales volume for its retail investments of around 3.3 billion euros.


DEAL STATS #
Overall 2 of 2
Sector: Retail M&A 2 of 2
Type: Bankruptcy M&A Deals 1 of 1
Country: Germany M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-11 Karstadt AG

Essen, Germany

Karstadt, based in Essen, Germany, operates department stores, sporting goods stores, gastronomy and food retail activities throughout Germany.

Sell -