Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


Acton acquires stake in - premier online retailer of luxury designer fashion

Munich, 19 January 2010 - Acton Capital Partners has acquired a stake in Munich-based, one of the leading international online retailers of luxury women's fashion and accessories ( This marks a further investment by the growth equity fund, also based in Munich. Acton has acquired a minority interest in GmbH by way of capital increase, and thus far is the sole financial investor. The remaining shares are held by the founders and managing directors. The terms of the deal were kept confidential. The company which has been established in 2006 will use the funds to build on its market-leading position in Germany and to accelerate business growth abroad.

Collection of over 120 luxury brands

Christoph and Susanne Botschen,'s founders, have more than 20 years of fashion industry experience and close links to luxury brands. carries the current collections of over 120 luxury brands, including Burberry Prorsum, Christian Louboutin, Marc Jacobs, Miu Miu, Tod's and Yves Saint Laurent. mytheresa's unique selection and first-class customer service are the reasons why has established itself as a premier international source of exclusive women's fashion and accessories. Personal fashion advisors dispense shopping advice by phone, and worldwide express shipments keep delivery times to a minimum.

Global customer base

With its multilingual website and customer service department, the e-commerce operation is completely focused on serving its global customer base. has buyers on all five continents and generated revenue last year in the tens of millions of Euros.

' enjoys a superb position in a large and fast-growing market,' explained Jan-Gisbert Schultze, Managing Partner at Acton Capital Partners. The global market for luxury women's fashion and accessories is currently worth approximately 30 billion Euros worldwide. Today's online penetration of 2-3 percent is low compared with other retail sectors and is expected to grow substantially over the next few years. ' has built a great team, combining many years of industry experience and relationships with outstanding international e-commerce expertise,' added Mr Schultze.

About Acton Capital Partners:

Acton Capital Partners( is an independent, owner-managed growth-equity investor in the Internet and mobile communications sector. The investment focus of the Heureka Growth Fund, established in 2008, is consumer-oriented business models in media, e-commerce and online marketplaces. Acton invests worldwide, with Europe as its main focus. Funding comes from international private and institutional investors. The company's current portfolio includes Glasses Direct, a British online prescription glasses retailer, and In addition, Acton manages 16 portfolio companies within the closed BDV fund.

Acton Capital Partners was founded in 2008 by Christoph Braun, Paul-Bernhard Kallen, Jan-Gisbert Schultze and Frank Seehaus. Before establishing their own independent business, the four partners worked successfully together for many years at the Hubert Burda Media group. From 1999 onward, they acquired stakes for Burda Digital Ventures GmbH in over 40 Internet-related businesses, which they managed with great success. The best-known of these investments include Abebooks, Alando, Ciao, Holidaycheck, Onvista and Zooplus.

Media enquiries:
Anja Seipp
Tel. +49 89 2421887 22

Publisher Contact Information:

Acton Capital Partners
+49 89 2421887 22

Company profile of mytheresa (acquired by Neiman Marcus Group)
Past press releases of mytheresa (acquired by Neiman Marcus Group).


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Nov 8N/AOther Computers & Electronics
Nov 5€2.1MAudio/Video
Nov 5€5.2MOther Computers & Electronics
Nov 5€0.4MInternet services
Nov 5€1.3MSecurity
Nov 5€1.5MAudio/Video

For information on Europe's most extensive database on technology funding click here!


Press Releases

Sep 30
tetavi raises $6 million to help more companies bring 3d holograms ...

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Mar 31
the fit allocates chf 100'000 to comppair technologies

Jan 29
yumpingo raises $10m to transform guest experiences in restaurants

About usContact usLegal Information
Copyright 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.