September 2022 – Kinstellar has successfully advised Genesis Private Equity Fund IV (GPEF IV), the newest private equity fund of Genesis Capital, and Evolving Europe Principal Investments I (EEPI I), a private equity and growth capital fund advised by Integral Venture Partners, on its acquisition of BORCAD, an innovative producer of train seats and interior equipment for passenger trains based in Fryčovice, Czech Republic.
BORCAD is a leading European producer of railway technologies and offers a full range of seats for personal carriages, from standard seats for regional trains to luxury, fully electrically operated seats for long-distance trains. In its more than 30-year history, the company has produced nearly 500,000 seats for customers in 24 countries worldwide and, with its unique design and original construction solutions, BORCAD is one of the most innovative companies in this field.
The deal's value was not disclosed.
The Kinstellar team in Prague was led by Jan Juroška (Partner) and included Petr Bratský (Managing Associate), Michal Kníž, Václav Kment (Senior Associates), Denisa Šimanská, Matěj Večeřa, Tereza Mašková (Associates), and Vít Kopečný and Arťom Gnědin (Junior Associates).