November 2017 – Kinstellar has advised Genesis Private Equity Fund III in connection with the formation of a structure on the Czech and Slovak market with annual revenues of more than CZK 15 billion (approximately 600 million euro) and a network of approximately 130 specialised electronics shops that are visited by more than 22 million customers annually.
The owners of the respective companies have agreed to combine DATART, one of the biggest retail entities in the Czech Republic, with HP TRONIC, the operator of the Euronics retail chain and owner of the Kasa.cz and Hej.sk e-shops. The newly created structure will represent both companies, which have been operating separately to date, on the retail market. The structure will receive a capital contribution from Genesis Private Equity Fund III, which will gain a material minority share.
The Kinstellar team was led by Jan Juroška (Partner), other key team members were Michal Kníž (Senior Associate) and Kristýna Del Maschio (Junior Associate).
For more information please contact Jan Juroška, Partner, at .