PRAGUE, Czech Republic – 15.10.2024
Genesis Growth acquires a majority stake in TechPlasty, a leading Slovak company operating in the technical plastics sector
Genesis Growth Equity Fund I (GGEF I), a growth capital fund specializing in investments in small and medium-sized companies with growth potential, primarily in the Czech Republic and Slovakia, has successfully completed the acquisition of a majority stake in TechPlasty. The company provides specialized consulting, semi-finished products, and custom production of technical plastics. GGEF I, together with the reinvesting owners, will actively support the company's development activities in both domestic and international markets.
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Germany, Berlin – 20.08.2024
Bookbot receives 4M EUR in growth funding to accelerate its expansion into the DACH market
- The 4M EUR strong Series A funding round at a valuation of over 20M EUR is led by new investor Genesis Growth Equity Fund I with the participation of existing shareholder Miton
- Bookbot will use the investment to accelerate its growth in the DACH market after having long established a presence as the biggest seller of second-hand books in the Czech Republic
- Bookbot’s goal is to become the customers’ single favorite destination for used books and to double its revenue to 24M EUR by the end of 2024, with the DACH market making up 50% of the company’s total revenue in 2025
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Prag, Czech Republic – 09.07.2024
Genesis Growth acquires a majority stake in Předvýběr.CZ, a specialist recruitment agency in ČR
Genesis Growth Equity Fund I (GGEF I), a private equity fund specializing in investments in small and medium-sized companies with growth potential primarily in the Czech Republic and Slovakia, has successfully completed the acquisition of a majority stake in Předvýběr.CZ. The company provides specialized services of preselection of appropriate candidates in the HR consulting market. GGEF I will work with the reinvesting owners to further develop the company.
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PRAGUE, Czech Republic – 16.04.2024
Genesis Growth acquires a majority stake in Carussel, a European provider of digital tools for automotive clients
Genesis Growth Equity Fund I (GGEF I), a private equity fund specializing in investments into small and medium-sized companies with high growth potential in the CEE, has successfully completed an acquisition of a majority stake in Carussel. Co-investors in this transaction are the company’s founder, Mr. Mario Della Donna, and its current CEO, Mr. András Müller.
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PRAGUE, CZECH REPUBLIC – 10.04.2024
Genesis Growth Equity Fund I has successfully divested its entire stake in Homecare Holding to Penta Hospitals CZ, marking the fund's first exit
Homecare Holding is one of the leading providers of home healthcare in the Czech Republic, with regional operations in Prague and Pilsen. The company provides post-operative care, monitoring patients' conditions in a home setting, administers medications, and focuses also on specialized procedures such as peritoneal dialysis, parenteral nutrition administration, and wound care. With around 50 nurses, Homecare Holding provides care to over a thousand patients annually.
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PRAGUE, Czech Republic – 23.03.2024
Genesis Growth and ADAX funds join forces to become new owners of UPS Technology, the market leader in uninterruptible power supply systems
Both funds specialize in companies with high growth potential and own the same shareholding in UPS Technology. The new owners plan to strengthen the management team, expand critical infrastructure product offering of the company and add experience in expanding into foreign markets.
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PRAGUE, Czech Republic – 03.11.2023
Genesis Growth acquires a majority in a technology-oriented engineering company SEA - Chomutov, s.r.o.
Genesis Growth Equity Fund I (GGEF I), a private equity fund specializing in investments into small and medium-sized companies with high growth potential, primarily in the Czech Republic and Slovakia, has successfully completed acquisition of a majority stake in SEA – Chomutov, s.r.o. and its affiliated company CINEX s.r.o. (“SEA”). Co-investors in this transaction are the CEO of the company, Mr. Martin Míček and head of SEA’s business development and sales, Mr. Tomáš Míček.
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PRAGUE, Czech Republic – 17. 10. 2022
Genesis Growth acquires a majority in a technology-oriented engineering company JP-PROLAK
Genesis Growth Equity Fund I (GGEF I), a private equity fund specializing in investments into small and medium-sized companies with high growth potential primarily in the Czech Republic and Slovakia, has successfully completed the acquisition of a majority stake in JP-PROLAK. Co-investors in this transaction are the CEO of the company, Mr. Jaroslav Prokop Jr., and MaeG Investment.
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PRAGUE, Czech Republic – 15. 3. 2022
Genesis Growth acquires a majority stake in HC electronics, a leading provider of electronics manufacturing services in the Czech Republic
Genesis Growth Equity Fund I (GGEF I), a private equity fund specializing in investments into small and medium-sized companies with high growth potential primarily in the Czech Republic and Slovakia, has successfully completed an acquisition of a majority stake in HC electronics. HC electronics provides electronics manufacturing services with a focus on small and medium series. GGEF I will cooperate with the reinvesting founders and the management team in developing the company further.
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PRAGUE, Czech Republic – january 2021
Genesis Growth Equity Fund I reached its hard cap size of € 40 million.
Genesis Growth Equity Fund I (GGEF I), a fund focusing on smaller and mid-size high growth potential companies primarily in the Czech and Slovak markets, reached its hard cap size of € 40 million following the final closing of the Fund in December 2020 with additional commitments from SPM Capital and Sirius Investments.
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PRAGUE, Czech Republic – 17. 8. 2020
Genesis Growth acquires a majority stake in Home Care Promedica, a leading provider of home health care services
Genesis Growth Equity Fund I (GGEF I), a private equity fund focusing on investments into small and mid-size growth companies primarily in the Czech Republic and Slovakia, completed successfully an acquisition of a majority stake in Home Care Promedica (HCP). The company is an established agency providing professional home health care services, mainly in the Prague area. It provides its services through a team of nurses with many years of experience.
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PRAGUE, Czech Republic – 6. 8. 2020
Genesis Growth acquires a majority stake in R2B2, a leading provider of programmatic advertising services in the Czech Republic
Genesis Growth Equity Fund I (GGEF I), a private equity fund focusing on investments into small and mid-size growth companies primarily in the Czech Republic and Slovakia, successfully completed an acquisition of a majority stake in R2B2. R2B2 is an online programmatic advertising service company, working for a wide base of internet publishers on the supply side of the market. GGEF I partnered with the founders of R2B2, Mr. Kamil Foltin and Mr. Martin Čelikovský, with the aim to further develop one of the largest online programmatic advertising companies in the CEE region. R2B2 is the first investment of GGEF I.
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