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DLA Piper Advises bValue Growth on Investment in Sportano

Poland
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DLA Piper has advised bValue Growth on its investment in Polish sports e-commerce brand Sportano.

Sportano is an online sports retailer where customers can buy equipment, clothing, footwear, and accessories from over 800 brands. The business is present in 12 European markets and has more than 1 million active customers.

The bVALUE Growth fund invests in companies from Central and Eastern Europe.

According to DLA Piper, the funds will be "utilized to support the dynamic development of the brand, and allow Sportano to exceed the PLN 300 million that it recorded in revenue this year."

The DLA Piper team included Partner Jakub Domalik-Plakwicz, Counsel Anna Chrabota-Bajson, and Junior Associates Zofia Waszczykowska and Michal Bandurski.

DLA Piper did not disclose additional information on the deal.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.