Slevomat Group is a leading online platform for travel and leisure experiences in the Czech Republic and Slovakia. Since its foundation in 2010, the company has developed into a well-established and profitable digital marketplace connecting millions of users with thousands of partners - including hotels, spas, restaurants, and experience providers. It offers a wide range of attractive deals in the areas of travel, short stays and local leisure activities. For Genesis Capital, this transaction represents the first signed deal of its latest fund, Genesis Private Equity Fund V (GPEF V), with a current size of € 270 million. The investment is being made in close partnership with the company’s existing management team, who will invest alongside GPEF V and continue leading the business and driving its further development. The investment is complemented by the participation of family office of Ms. Jitka Cechlová Komárková. Completion of the transaction is subject to approval by the relevant competition authority.
The first closing of Genesis Private Equity Fund V (GPEF V) has been completed with EUR 225 million in commitments and clear visibility for the maximum hard-cap of EUR 295 million by the year-end. Already the first close makes it one of the largest private equity funds in Central Europe and represents a 50% increase on previous fund GPEF IV.
Genesis Capital, a leading private equity group in Central Europe, announces the sale of its majority stake in Conectart, the major Czech provider of customer care and BPO services. The buyer is Croatian investor Mplus, one of the fastest-growing business process and technology outsourcing (BPTO) providers in Europe. The transaction represents the successful conclusion of a five-year partnership between Genesis and the management team led by CEO Petr Studnička, during which Conectart expanded into Poland and Slovakia.
Genesis Private Equity Fund IV, a fund of Genesis Capital, has acquired a minority stake in the NAY-DATART group, a leading retailer of consumer electronics and home appliances in the Czech Republic and Slovakia. The investment is intended to support further development in the key period after the group's establishment. The co-investor of the transaction is RSJ investment group.