3TS Capital Partners Invests EUR5.5 Million in Zoot (CEE and CIS)

Source: Unquote.com | Author(s): Mikkel Stern-Peltz

Central and Eastern Europe-focused private equity firm 3TS Capital Partners has invested EUR5.5 million (US$6.4 million) in Czech Republic-based online fashion retailer Zoot, taking a minority stake via a Dutch holding company. The company will use the investment to broaden its product offerings and expand its network of physical locations in Central and Eastern Europe.