News

Genesis Capital to launch a new private equity fund with a target size of EUR 250 million

Genesis Capital, one of the leading private equity groups in Central Europe, is preparing to launch its seventh fund. Genesis Private Equity Fund V (GPEF V) will build upon the group's previous successful funds and will focus on investments in medium-sized enterprises in the Czech Republic, Slovakia, Poland, Hungary, and Austria. With a target size of EUR 250 million, GPEF V aims to become one of the largest private equity funds in Central Europe. The fund is expected to be launched in the first half of 2025.

HP TRONIC Group has concluded a share buyback agreement with Genesis Capital

HP TRONIC, whose portfolio includes the electronics retailer DATART and the brand ETA, has agreed with Genesis Private Equity Fund III (GPEF III) of the Genesis Capital group to buy-back all the shares held by the fund. As a result, 100% of the shares are now within the corporate structure of the HP TRONIC Group, strengthening control over strategic decisions and allowing for flexibility and autonomy in future development.

Genesis Capital has acquired a significant minority stake in KASPER KOVO, a modern engineering company focused on custom metal fabrication with a long tradition

KASPER KOVO is an engineering company based in Trutnov, specialising in the production of metal components for industrial and technological applications, with a turnover of approximately CZK 800 million and 400 employees. The company focuses on the high quality of its production and services, including an innovative approach to development, and its main area of activity is the production and assembly of components for the engineering, automotive and other industries. Genesis Private Equity Fund IV, a private equity fund from the Genesis Capital group, is entering the company following an agreement with its founder Rudolf Kasper to jointly transform KASPER KOVO into a company run by independent professional management and to ensure continuity for its further successful development.

Genesis Capital signed an agreement to acquire a majority stake in GAF, a Czech manufacturer of specialised metal products

GAF specializes in complex custom processing of steel, stainless steel and aluminium. The company's products are characterized by high quality and precision, meeting strict certification criteria, and have a wide market application in the food industry, healthcare, textile or rail transport industries, among others. Genesis Private Equity Fund IV, a private equity fund from the Genesis Capital group, has entered into an agreement to invest in a majority stake in GAF. The founder and current 100% owner, Mr. Luděk Fofoňka, will retain a significant stake in the company. The key managers are investing in the company alongside Genesis and Mr. Fofoňka. At the same time, they take over Mr. Fofoňka's role in the top management and together with the new owner plan to build on the successful development of the company in recent years. The transaction is expected to be completed in April 2024.

Genesis Capital signed an agreement for the acquisition of Schulte Group, a leading provider of comprehensive technical building services

Since its foundation in 1998, Schulte Group has gradually become a partner for major industrial real estate projects. The company offers its customers comprehensive services, mainly in the field of HVAC, including design preparation, warranty and post-warranty service, with an emphasis on the latest technologies and long-term sustainability of operation. Genesis Private Equity Fund IV (GPEF IV), a private equity fund of Genesis Capital, has agreed with the founders to acquire a majority stake in the company. Key managers will also become shareholders alongside GPEF IV. The common goal is to leverage the expertise and experience of the entire Schulte team for further dynamic development of the business. Completion of the transaction is subject to the approval of the Czech Antimonopoly Authority.

Team of Genesis Capital strengthened by Petr Müller and Michal Mikeš

Genesis Capital, one of the most established institutional private equity players in Central Europe, expands its team by the arrival of Petr Müller, previously associate at Dentons and Michal Mikeš, until recently senior investment associate at KKCG. Petr joins as Legal Counsel, strengthening the legal team of Genesis Capital. Michal is a new Investment manager of Genesis Capital Private Equity Funds.

Genesis Capital Newsletter 12/2023

  Newsletter 12/2023

Genesis Capital divests its portfolio company SANBORN to Oriens

SANBORN, a key supplier of precision components and specialized parts for the power generation, oil & gas and transportation industry changes ownership. Genesis Private Equity Fund III (GPEF III) from the established private equity group Genesis Capital, sold its majority ownership stake in the company to Oriens.

Genesis Capital acquired a majority stake in STT Servis, a supplier of quality precision machine components and assemblies

Over more than 20 years of its existence STT Servis has become a leading exporter of precision machined parts and assemblies with a focus on single unit and small batch production. Key competitive advantages include the ability to supply atypical components with dimensions up to 8 metres and top-quality production. Genesis Private Equity Fund IV, a private equity fund from the Genesis Capital group, has decided to join forces with the founders and has acquired a majority stake in the company. Simultaneously with GPEF IV, key managers also invested in the company. The common goal is to accelerate the group's growth through expanding production capacity, developing cooperation with existing customers and gaining new business partners.

Genesis Capital has entered into an agreement to acquire a majority stake in the Central European audiovisual and event technology leader AV MEDIA Group

Since its foundation in 1992, AV MEDIA has built a leading position in the field of audiovisual technology in the Czech Republic and neighbouring countries. Its business consists of two main pillars: AV MEDIA SYSTEMS, which provides the design and integration of complete audiovisual solutions for customers in the education, public administration, cultural and commercial sectors, and AV MEDIA EVENTS, providing complete technology solutions for promoters of conferences, exhibitions, social, cultural and sporting events. Through Brill AV Media, the group has been also successfully developing business activities in Poland. Genesis Private Equity Fund IV, a private equity fund from the Genesis Capital group, will acquire a majority stake in AV MEDIA, while two of the three founders will retain a stake. Also, the key managers of the group will newly become shareholders. The joint intention is to accelerate the growth of the group, either through expansion of the product portfolio or through selected acquisitions in the region. Completion of the transaction is subject to approval by the Czech Antimonopoly Authority and is expected in November 2023.

Genesis Capital invests in PFX, joining forces with its founders to create the leading innovative post-production studio in Central Europe

Based in Prague, PFX is a trusted and innovative provider of creative solutions for various media platforms. With an international team of 160 experienced professionals and four modern offices, PFX is one of the leading companies offering visual effects, animation, advertising campaigns and post-production services. Genesis Private Equity Fund IV, the private equity fund of Genesis Capital, has partnered with the founders to acquire a significant stake in the company. Both parties are committed to pushing the boundaries of creativity and innovation in the dynamic world of media and entertainment, and to developing new opportunities for clients seeking quality creative solutions. The common goal is to create a leading player in Central and Eastern Europe via a combination of organic and M&A growth.

Genesis Capital Newsletter 07/2023

Newsletter 07/2023

Genesis Capital & Value4Capital agreed conditions to acquire XBS Group, a Poland based provider of supply chain management solutions.

Genesis Capital & Value4Capital  agreed conditions to acquire XBS Group, a Poland based provider of supply chain management solutions. The existing management team is taking part in the transaction.

Genesis Capital and Avallon MBO Fund announce an agreement on the acquisition of TES Vsetín, a Czech producer of electric machines and components, from ARX Equity Partners.

With more than 100 years history TES Vsetín s.r.o. (“TES / the Company“), based in Vsetín, Czech Republic, is an expert in complex engineering and production of its own proprietary electric machines and related system components. Genesis Private Equity Fund IV, the private equity fund of Genesis Capital, and Avallon MBO Fund III, a management buyout private equity fund of Avallon, team up with the existing management team of TES to acquire 100% of the Company from funds managed by ARX Equity Partners. The closing of the transaction is expected in February 2023 and is subject to approval by the Czech anti-monopoly authority.

Genesis Capital Newsletter 09/2022

Genesis Capital invests in Hecht Motors

Genesis Private Equity Fund IV (GPEF IV), the latest private equity fund of Genesis Capital, has acquired a minority shareholding in Hecht Motors s.r.o, the central European supplier and manufacturer of garden machinery and equipment. Genesis Capital joined forces with the company's founders, Jan Kovačka and Rudolf Runštuk, to accelerate regional expansion and enter new markets.

Team of Genesis Capital was strengthened by senior lawyer Vojtěch Novák

Genesis Capital, one of the most established institutional private equity players in Central Europe, expands its team by Vojtěch Novák, previously senior lawyer at Dentons. Vojtěch joins as Senior Counsel strengthening the legal team of Genesis Capital alongside its current legal partner Pavel Kvíčala.

Genesis Capital and Integral Venture Partners acquire BORCAD cz s.r.o., a Czech developer and producer of seats for passenger trains

Genesis Private Equity Fund IV (GPEF IV), the newest private equity fund of Genesis Capital, and Evolving Europe Principal Investments I (EEPI I), a private equity and growth capital fund advised by Integral Venture Partners, team up to acquire 100% of BORCAD cz s.r.o., innovative producer of train seats and interior equipment for passenger trains based in Fryčovice, Czech Republic.

Genesis Capital and Avallon MBO private equity funds have successfully finalized the sale of Stangl Technik Holding. SPIE, the independent European leader in multi-technical services, became a new majority shareholder on 3 August 2022.

On 15 June 2022, Genesis Private Equity Fund III (GPEF III) and Avallon MBO Fund II signed an agreement to divest a majority ownership stake in Stangl Technik Holding, a leading provider of comprehensive engineering and technical building services in Poland and the Czech Republic. The closing of the transaction was subject to Polish anti-monopoly authority approval. Given the satisfaction of all pre-closing conditions, the transaction has been closed as of today.

Genesis Capital and Avallon MBO private equity funds announce an agreement for the divestment of Stangl Technik Holding to be acquired by SPIE, the independent European leader in multi-technical services.

Stangl Technik Holding, a leading provider of comprehensive engineering and technical building services in Poland and the Czech Republic, will change its ownership. Genesis Private Equity Fund III (GPEF III) and Avallon MBO Fund II have agreed with SPIE on the sale of a majority ownership stake. The closing of the transaction is expected to take place in July 2022 and is subject to approval by the Polish anti-monopoly authority.

Genesis Capital finalised the fundraising of its new private equity fund GPEF IV, reaching the maximum hard cap of EUR 150 million

Genesis Capital, one of the most established institutional private equity players in Central Europe, has finalised the fundraising of its new fund, Genesis Private Equity Fund IV (GPEF IV), reaching its maximum hard-cap of EUR 150 million. It is already the sixth private equity fund of Genesis Capital in over 22 years since its establishment.

The largest Czech call centre operator Conectart acquires Atoda

Conectart with its more than two thousand call centre operators, is the largest contact centre service provider in the Czech Republic. Since the beginning of April, it has further strengthened its position via the acquisition of Atoda, a regional call centre running its branches mainly in southern Bohemia and employing approximately four hundred operators. As a new subsidiary of Conectart, Atoda became part of GPEF III fund of Genesis Capital, which had acquired Conectart in 2020.

Newsletter 12/2021

Newsletter 12/2021

Genesis Capital sells its portfolio company QUINTA-ANALYTICA to BBA Capital Partners

QUINTA-ANALYTICA, an established Czech provider of R&D and regulatory services for the pharmaceutical, biotechnology and generic drug industries changes ownership. Genesis Private Equity Fund III (GPEF III) from the established private equity group Genesis Capital, sold its 85.9% ownership stake in the Company to LVA Holding GmbH, a portfolio company of BBA Capital Partners (BBA).

Ciklum acquires CN Group from Genesis Capital to expand its European presence

The acquisition will strengthen Ciklum’s position in the CEE and DACH markets.

Ciklum, a global product engineering and digital services company, today announced its acquisition of CN Group, a Czech-based software development firm from Genesis Capital, one of the leading CEE private equity funds. With the acquisition deal, Genesis Capital, who invested in CN Group in 2019, has sold 100% of its shareholding to Ciklum.

The deal will facilitate Ciklum’s ambitious growth plans in the CEE and DACH markets.

Genesis Capital launched a new private equity fund GPEF IV, with an initial size of EUR 101 million

Genesis Capital, one of the most established private equity players in Central Europe, has launched a new fund, Genesis Private Equity Fund IV (GPEF IV). It is already the sixth private equity fund of Genesis Capital in over 20 years since its establishment. In a similar manner to its predecessors, GPEF IV will focus on investments into leading companies with attractive growth potential domiciled in the Czech Republic, Slovakia, Poland, Hungary and Austria. At launch, GPEF IV has EUR 101 million at its disposal, the final size of the fund is expected to reach its maximum hard-cap of EUR 150 million by the year-end.

Genesis Capital to launch a new private equity fund with a target size of EUR 150 million

Genesis Capital, one of the largest private equity groups in Central Europe, is preparing to launch a new fund, Genesis Private Equity Fund IV (GPEF IV); the sixth private equity fund of Genesis Capital in the 20 years since its establishment. In a similar manner to its predecessors, GPEF IV will also focus on investments into small and medium-sized enterprises with high growth potential in the Czech Republic, Slovakia, Poland, Hungary and Austria. The fund’s target size is EUR 150 million and its first closing is expected at the beginning of 2021.

Genesis Capital Newsletter 6/2020

KKCG Group sells largest Czech call centre, Conectart, to Genesis Capital Group

Karel Komárek's KKCG investment group has sold the largest operator of contact centres in the Czech Republic. Conectart, which now operates call centres in eight towns in the country, employing over a thousand operators, will become part of the portfolio of the Genesis Private Equity Fund III (GPEF III) of the Genesis Capital group. The transaction is expected to be concluded in the summer and is subject to approval by the Office for the Protection of Competition.

HR changes in Genesis Capital

Genesis Capital Equity, a private equity firm within the Genesis Capital group, has the pleasure to announce that the position of Managing Partner is now held by Ondřej Vičar who has been working for Genesis Capital since 2007. He replaces Jan Tauber who founded Genesis Capital more than 20 years ago and developed it into one of the biggest players in the field of private equity in Central Europe. The change among management represents the conclusion of the natural succession process within the group and is also done in the context of the planned launch of a new fund – Genesis Private Equity Fund IV. The process involves a series of other promotions within the investment team.

Genesis and Espira join V4C in Summa Linguae Technologies

Private equity firms Genesis Capital and ESPIRA Investments have acquired an interest in V4C’s investment in Summa Linguae Technologies, the Warsaw New Connect listed multilingual data management company.

GTH catering, a portfolio company of private equity funds Genesis, takes over Sodexo of Slovakia

On 7 February 2020, GTH catering a.s., one of the biggest providers of catering services in the Czech Republic signed the agreement on takeover of 100% ownership stake in the Slovak subsidiary of global provider of integrated facility management services Sodexo. This way GTH catering enters the Slovak market, where it plans to utilise its experience as well as mutual synergies to create a strong Czech-Slovak player in the catering industry and use the opportunity to expand its service portfolio to include facility management services.