Apollo acquires a 30% stake in TradeInn, positioning the company for accelerated growth in Europe’s online sports retail market.
Information on the Target
TradeInn, headquartered in Girona, Spain, is a leading e-commerce platform specializing in sports and high-performance equipment. The company boasts one of the largest digital marketplaces in Europe, offering an extensive catalog of over 3.5 million products from more than 12,500 brands spanning 18 different sporting disciplines. TradeInn operates on a global scale, providing shipping services to customers in over 190 countries, and has established itself as a primary player in the online sports retail market.
In 2024, TradeInn reported impressive revenues of €554 million, with 85% of its sales generated from international markets outside of Spain. This highlights not only the company’s expansive reach but also its robust capabilities in cross-border commerce. The CEO and founder, David Martin, will continue to hold his stake in the company and lead its strategic direction moving forward.
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Industry Overview in Spain
The e-commerce sector in Spain has witnessed significant growth over recent years, driven by an increasingly digital-savvy consumer base and advancements in technology. With a burgeoning interest in online shopping, especially in the realm of sports
Similar Deals
Apollo
invested in
TradeInn
in 2024
in a Buyout deal
Disclosed details
Revenue: $598M