NewsJŠK advised private equity fund GPEF IV from the GENESIS CAPITAL group on the acquisition of a majority stake in the AV MEDIA group

Another significant acquisition by GENESIS CAPITAL signed with JŠK’s assistance.

Since its foundation in 1992, AV MEDIA has established a leading position in the field of audio-visual technology in the Czech Republic and surrounding countries. Its business consists of two main pillars: AV MEDIA SYSTEMS, which designs and integrates complete audio-visual solutions for customers in the education, public administration, cultural and commercial sectors, and AV MEDIA EVENTS, which provides complete technology solutions for organisers of conferences, exhibitions, social, cultural and sporting events. Through Brill AV Media, the Group is also successfully developing business activities in Poland.

Genesis Private Equity Fund IV is a private equity fund of Genesis Capital that offers financing for growth and development to small and medium-size companies in Central Europe. Since its foundation in 1999, Genesis Capital has advised six private equity funds with a total volume exceeding EUR 350 million. These funds have already supported more than 60 companies.

GPEF IV will acquire a majority stake in AV MEDIA and two of the three founders will also keep a stake. The key managers of the group will also become shareholders. The joint intention is to accelerate the growth of the group, either through the expansion of the product portfolio or through selected acquisitions in the region. The closing of the transaction is subject to approval by the Czech anti-monopoly authority and is expected in November 2023.

We found legal support with a high degree of flexibility, efficiency and also legal and commercial understanding in JŠK,” said Pavel Kvíčala, Legal Partner at Genesis Capital Equity. “We have been in contact with them from the initial stages of this opportunity and I am pleased that we can now bring it to completion together.

JŠK’s legal team was led by partner Tomáš Doležil with support from senior associates Klára Šmídová and Daniel Pospíšil in executive roles. Senior associate Vladěna Svobodová was responsible for competition matters. The Polish aspects of the transaction were handled by CK Legal.

We heard about the search for investors long before Genesis Capital got involved and JŠK got the mandate,” Tomáš Doležil said. “Naturally we were delighted to execute this major transaction in the Czech Republic with our top client. AV MEDIA is an outstanding company and I am sure that the whole project will be extremely successful.