Rockaway Capital $201 million acquisition of Netretail

Overview:

• US and Czech venture capital firm Rockaway Capital acquired CEE (Central and Eastern Europe) online retail business Netretail Holding from Naspers for €201 million.
• Naspers is a South African internet and media company.
• Czech online pricing platform Heureka was sold to Rockaway as part of the deal. 
• Financing for the deal was provided by Daniel Křetinský, chairman at EPH (Energetický a Průmyslový Holding), a Slovak businessman, Patrik Tkáč, and the PFF Group.

Kurt Stumpo - Journalist