Orlando Capital and Hagedorn Management completed the acquisition of Tennis-Point from Signa Sports United.

Orlando Capital, a private equity firm that focuses on special situations in Germany, Austria and Switzerland, as well as in Sweden, Norway, Denmark, and Finland, and Hagedorn Management, a business services company, completed the acquisition of Tennis-Point, a specialist retailer in Europe for sportswear and equipment for racket sports, with a focus on tennis and padel, from Signa Sports United, a global specialist sports e-commerce company. Financial terms were not disclosed. “Tennis-Point has built up an excellent market position in the international market for tennis products in recent years. The acquiring consortium is convinced that, by implementing the right measures, the company will soon be back on the road to success. To this end, we will provide Tennis-Point with the necessary financial resources. The agreements that have now been reached are a clear signal to all customers, suppliers and employees that the period of uncertainty for the company has finally come to an end," Georg Madersbacher, Orlando Capital Partner.