Acton Capital Partners, a venture capital firm spin out of Germany-based media group Hubert Burda and which retains its former parent as an investor, has acquired a stake in Yatego, a local provider of an electronic commerce platform.
Yatego, which features about 10,000 retailers with more than three million product offerings turning over €100m per year, is Acton’s fifth deal from its Heureka Growth Fund.