23 Nov TLA Advise on Enterprise Investors Acquisition of Intersport ISI

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Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors, has signed an agreement to acquire 100% of shares in Intersport ISI, the leading sporting goods retailer in the Balkans, in a carve-out transaction from Mercator Group. The value of the transaction is up to EUR 34.5 million and the transaction transaction is conditional upon obtaining customary regulatory approvals.

Law firm Rojs, Peljhan, Prelesnik & partners, the Slovenian founding member of TLA, acted for Enterprise Investors as the purchaser of the Intersport business in the Balkans. Partners Bojan Šporar and Matic Novak headed the M&A part of the transaction team and partner Gregor Pajek the financing of the acquisition. The transaction also involved all other TLA law firms from the region, including JPM Janković Popović Mitić from Serbia, Tkalčić-Djulić, Prebanić, Rizvić and Jusufbasić-Goloman from Bosnia and Herzegovina and Debarliev, Dameski & Kelesoska from Macedonia.

Enterprise Investors is one of the largest private equity firms in Central and Eastern Europe. Active since 1990, the firm has raised eight funds with total capital exceeding EUR 2 billion.