Vorwerk and Omnes back Tennis-Point
Vorwerk Direct Selling Ventures and Omnes Capital have invested in German tennis e-commerce business Tennis-Point.
The deal is estimated to be worth €5m. The new capital will be used to strengthen the company's market position and drive its international expansion.
Company
Tennis-Point is a German e-commerce platform founded in 1998 in Münster. It solely focuses on tennis equipment.
People
Christian Claussen, senior partner, led the deal on behalf of Omnes. Mark Langenberg is managing director of operations and technology at Tennis-Point.
Advisers
Equity – Kapellmann, A Ewers (Legal).
Company – Parklane (Financial due diligence); P+P Pöllath + Partners, C Toenies (Legal).
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