Ketler & Partners, member of Karanovic & Partners, has advised Mass on the sale of a 60% equity stake to Advance Capital Partners. Kavcic, Bracun & Partners reportedly advised ACP.
The transaction remains contingent on regulatory approval.
Mass is a specialized footwear retailer in the Adriatic region. According to Karanovic & Partners, founded in 1990 with its first store in Ljubljana, Mass has grown into a regional brand employing over 520 people across Slovenia, Croatia, and Austria.
Advance Capital Partners is a private equity firm.
The Ketler & Partners team included Partner Igor Angelovski, Senior Associate Maja Kreca, and Junior Associate Luka Skledar.
