Czech Republic
Genesis closes first growth fund on €40m hard-cap
Vehicle was launched in May 2018 and held a first close in October 2019
J&T eyeing CZK 1bn initial close for J&T Investments fund
Fund has an open structure, enabling investors to subscribe or redeem any time
Genesis acquires Home Care Promedica
GP is investing from its Genesis Growth Equity Fund I, a vehicle that held a first close on €31m in 2019
Genesis buys majority stake in R2B2
Deal is the first from the GP's Genesis Growth Equity Fund I, which is targeting €40m
Carlyle backs translation specialist Memsource
GP deploys capital from Carlyle Europe Technology Partners IV, which closed on €1.35bn in January 2019
Jet Investments fully acquires Tedom
GP deployed capital from its Jet II Fund, a vehicle that held a final close on CZK 4bn in November 2018
Genesis Capital launches €150m fund
GPEF IV will focus on investments in small and medium-sized companies with high growth potential
Sandberg acquires Revolgy
Rest of the shares remain in the hands of the original shareholders of the company
Sentinel fully acquires Vyrtych
Vyrtych was on the lookout for a new owner, Mergermarket reported in November 2019
Consortium in €3.5m seed round for Spaceti
Spaceti received its first investment of €1m from Reflex Capital, Fast Forward and Y&R in 2017
Benson Oak fully exits Klikpojisteni.cz
Klik will join the group comprising Netrisk.hu and Biztositas.hu, backed by TA and MCI
Springtide, MCI exit Geewa
Geewa's founder and shareholder, Milos Enderle, also sold his remaining 6% stake in the company
RSBC acquires 50% stake in Umbrella
Pavel Steiner will remain CEO of Umbrella Invest Group, which will now operate under the new name
BHS acquires DCK Holoubkov Bohemia
With the capital injection, the company plans to exploit the export potential and expand the product range
Sequoia leads $45m series-B for Productboard
Round also saw participation from Bessemer Venture Partners and existing investors
Jet Investment exits MSV Metal Studenka
Sale ends a six-year holding period for the GP, which bought the company via its Jet I fund
Mid Europa sells Walmark to PE-backed Stada
Sale ends a seven-year holding period for the GP, which invested in the company via its third fund
Advent-backed Zentiva acquires Alvogen
Transaction is expected to close in the first quarter of 2020, subject to customary approvals
Arx buys TES Vsetin from Advent
Existing management team will lead the company's future growth and development
Genesis holds first close on €31m for GGEF I
Genesis Capital registered the fund in May 2018 and is targeting €40m for the vehicle
Battery Ventures leads $33m round for Mews
Battery leads the series-B round, with principal Sanjiv Kalevar joining the board
Nation 1 launches debut fund with a target of €35m
Vehicle plans to invest in Czech startups and small and medium-sized companies with global ambition
Jet plans to double volume for third fund
Upcoming third fund will have a target of €350-400m, more than double the €153m raised for Jet Fund II
Jet Investment exits Benet Automotive to trade
Trade buyer Teijin has acquired the components manufacturer to push its expansion strategy in Europe