PFX Group, a GPEF IV fund portfolio company of Genesis Capital, based in Prague, Czech Republic, has successfully acquired the German VFX division of Cine Chromatix. This strategic acquisition has expanded PFX Group's workforce to nearly 250 highly skilled professionals across Central Europe, enabling the group to participate in high-profile projects and bringing captivating special effects for the audiences.
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, 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.
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.