Insight, Templeton et al. acquire stake in Studio Moderna

JH Partners also participated in the transaction. The funds were primarily used to purchase secondary shares.

Founded in Slovenia in 1992, Studio Moderna is a direct-marketing company in the CEE region reaching more than 400 million consumers through its multi-channel distribution network. The company owns Top Shop, one of the best-known TV shopping brands in the region, which markets online and through dedicated TV programming, subsequently selling products via its e-commerce shop, in-mall kiosks and high street retail stores. Top Shop markets a diverse range of consumer products, including home-related, do-it-yourself, fitness, health and music and video offerings. Studio Moderna also develops and sells its own proprietary products under the brand names Dormeo and Kosmodisk.

Larry Handen from Insight Venture Partners and Matjaz Schroll from Templeton Strategic Emerging Markets Fund III will be joining the company's board of directors.

Templeton invested via its Templeton Strategic Emerging Markets Fund III.

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• Topics
• Expansion
• Consumer
• CEE
• Slovenia