Tradeinnthe Electronic Commerce Platform specialized in sporting articles, has just confirmed what had been rumored since last April: Apollo Fundsthrough its Apollo Hybrid Value fund, has acquired 30% of the summary participation, becoming it New majority partner of the company. This movement arrives after a successful association that began in 2015, and marks the beginning of a new phase for Tradeinn in which the company expects to continue growing internationally.
David Martínfounder and CEO of Tradeinn, will continue under the command of the companymaintaining its 52% participation of the company, while Dídac Lee maintains 17%. «We are deeply grateful to sum capital for their support in recent years, which has been fundamental to execute our growth strategy. Now we are delighted to undertake the next chapter of our trip with Apollo, whose recognition of our potential and commitment to our vision will help promote tradeinn towards its next expansion phase, ”said Martín.
A change that reinforces its international growth
From his Entrance in capital in 2015Tradeinn has experienced exponential growth, multiplying its sales by ten and expanding its product catalog. With more than 3.5 million products of 12,500 brands and sales in more than 190 countries, The company has established itself as one of the European leaders in electronic commerce of sports articles. In 2024, it reached a turnover of 554 million euros (12% more than in the previous period), a reflection of the solidity of the platform and its global business model.
The Apollo Funds landing in the place of sum capital plays a fundamental role. «Tradeinn has created a leading sports company in Europe in Europe with a clear trajectory of strong continuous growth. We are delighted to support David and his team in this new expansion phase, ”he said Javier ValleGeneral Director of Apollo Hybrid Value Fund. The objective is to continue promoting the growth of the company, especially in international markets, an area that David Martín considers essential for the future evolution of Tradeinn.
Apollo Funds: A support for the future of Tradeinn
The support of Apollo Funds is a change of great importance for Tradeinn. Apollo is known for his experience in investment and support for companies with great growth potential, which reinforces the future perspectives of the platform. David Martín is confident that this alliance will allow the company to accelerate its expansion and consolidate as the leader of sports electronic commerce in Europe and beyond.
“We are very grateful for the excellent leadership of the director general, the solidity of the management team and the dedication of the entire Tradeinn staff,” he said Enrique TombasGeneral Director of Sum capital and projection shareholder of Tradeinn, who was also satisfied with the results obtained during his participation in the company.
With the new alliance, the company is better positioned to accelerate its growth and explore new international opportunities. Apollo's financial and strategic support will allow the platform to continue expanding its catalog, improve its infrastructure and continue offering an online shopping experience without equal to customers around the world.
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