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JSK and BADOKH Advise on 3TS Capital Partners and BHS Private Equity Fund Investments in ZOOT

JSK and BADOKH Advise on 3TS Capital Partners and BHS Private Equity Fund Investments in ZOOT

Czech Republic

JSK has represented a fund managed by 3TS Capital Partners and BHS Private Equity Fund on a EUR 2 million investment and a EUR 2.5 million investment in the ZOOT online fashion store, respectively.

JSK describes 3TS Capital Partners as "one of the leading European venture capital and private equity firms," and says that BHS Private Equity Fund was "established by BHS Securities, a licensed securities trader, a member of the Prague Stock Exchange and one of the major non-banking securities traders in the Czech capital market." JSK also describes ZOOT as "the leading Czech online fashion store," and reports that it "has made it to number 43 on the prestigious FT1000 list of Europe’s fastest growing companies."

“We plan to mainly use this extra capital to strengthen our logistic and IT segments," explained ZOOT’s co-founder and CEO, Ladislav Trpak. "And we’ll also use it to build more of our customer-friendly Try&Buy stores that allow our customers to try on online ordered items and pay for only the ones that fit best.” 

BHS Private Equity Fund Partner Ludek Palata said: “We have been following Zoot’s performance since the very beginning. We have been impressed with their marketing skills, operational excellence and extremely customer friendly attitude, which are the reasons Zoot is constantly developing not only in the home market but now also within the region. Zoot largely uses advanced IT.”

The JSK team was led by Partner Tomas Dolezil, who commented that “we were delighted to assist 3TS Capital Partners on its additional investments into this successful business and BHS Private Equity Fund on their entry into the e-commerce sector. We all believe that ZOOT will continue to be a major success story and that the new investments will contribute to this success.” JSK Of Counsel Nick Johnson advised on the English law aspects of the transaction. Senior Associate Helena Hailichova provided legal services to 3TS Capital Partners. Senior Associate Michal Jendzelovsky and a due diligence team made up of Junior Associates Michaela Krajickova, Barbora Safarikova, and Stepan Stancl advised BHS Private Equity Fund.

The BADOKH team advising ZOOT and its shareholders was led by Partner Jakub Dostal and included Advocate Katerina Sedlata and Junior Lawyer Tomas Bodnar.

Czech Republic Knowledge Partner

For more than 25 years PRK Partners has been providing top tier, comprehensive legal services in all areas of law – always at the highest professional level. The company’s offices in Prague, Ostrava and Bratislava, as well as its specialised teams of legal practitioners and tax advisors, allow PRK Partners to offer solutions to any kind of legal issues, providing an international point of view and in-depth knowledge of the respective local legal system.

The full-service law firm has worked on many of the region’s largest and most complex transactions. The firm puts emphasis on the highest standards of quality, efficiency and flexibility in its advisory services, which are tailored to the specific requirements of each client. 

Our team is composed of professionals with international education and experience. The firm frequently works on a non-exclusive basis with leading international law firms on large cross-border transactions.

PRK Partners is consistently recognised among the top law firms by leading international and domestic directories and ratings agencies and has been honoured with numerous awards: 

• National Law Firm of the Year 2016 by the Chambers Europe Awards, the most prestigious international law firm competition. This is the fifth award PRK Partners has received since the awards were first given; National Law Firm of the Year 2014, 2013 and 2010 and Law Firm of the Year 2012 for Best Client Service.

• 2018 Best Law Firm of the Year in the category of Banking &Finance and the absolute winner in the main category of the Domestic Law Firm of the Year awards organised by epravo.cz under the auspices of the Czech Bar Association three times since the award's inception (in 2016, 2013 and 2011).

• a finalist of the Central European Law Firm of the Year category in The Lawyer European Awards 2018. 

The firm has a strong commitment to corporate social responsibility and pro bono work.

PRK Partners is the exclusive member firm in the Czech Republic for Lex Mundi, the world’s leading network of independent law firms, with in-depth experience in 100+ countries worldwide. In addition, the firm is a member of Celia Alliance, AFI (Association for Foreign Investment) and CVCA (the Czech Private Equity and Venture Capital Association).

Firm's website: www.prkpartners.com

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