Top League, one of Russia’s major players in the sports goods retail chain marketplace, has bagged a round of investment from VC fund CapMan, thorough their CapMan Russia unit. The investment will drive Top League’s Russia expansion plans at a speeded-up rate, and while CapMan will hold a significant minority stake, the remaining share of the company stays with the management team.
Top League (www.topliga.ru)
Top League is one of Russia’s top three chain store retailers in the sporting goods domain and the largest in Southern Russia. The group runs mono and multi-brand outlets that include the Top League and Manbition retail centers as well as those that carry known international brands. Founded in 1995, the company headquarters is in Krasnodar, and its distribution center is near Moscow, in Domodedovo. Top League currently owns 55 stores across 16 cities covering Central, Southern and North-Caucasus Federal Districts of Russia.
27/04/2012
Central & Eastern Europe, Investment, Private Equity News, Retail Industry, Russia