Germany’s 21sportsgroup secures €15 million debt round to boost its sporting goods sales business

robin@tech.eu

21sportsgroup, a German online and offline seller of sports clothing and accessories, has raised €15 million in debt funding to grow both its e-commerce operations and its network of physical stores (via Gründerszene).

The company's new backer is ESO Capital, a 'special situations investment management group', and the round complements an earlier equity funding round worth 'eight figures' announced last May.

21sportsgroup projects €125 million in sales for this year, up from around €100 million last year.

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