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.