July 2024 – Kinstellar’s Prague office has successfully advised Genesis Growth Equity Fund I, part of the established private equity group Genesis Capital, on the acquisition of a majority stake in Předvýběr.CZ.
Genesis Growth Equity Fund I (GGEF I), a private equity fund focused on growth investments in small and medium-sized enterprises operating mainly in the Czech Republic and Slovakia, partnered with the founding owners, František Boudný and Vladimír Kočí, who will retain a significant minority share and remain actively involved in the company's management.
Předvýběr.CZ, founded in 2008 and based in Prague, specialises in the time-consuming aspects of candidate recruitment for mid-level and lower-level positions. By leveraging specialised databases and other resources, the company filters candidates based on specific criteria and conducts personal interviews before referring these candidates to clients for a fixed fee. With GGEF I’s support, Předvýběr.CZ aims to expand regionally within the Czech Republic and eventually into neighbouring countries.
The Kinstellar team was led by Michal Kní~ and Jan Juroška, and also included Martina Březinová, Tereza Holubová, Petr Bratský, Antonín Seidel, Simona Semanová and Jakub Rubáš.
Kinstellar advised Genesis Capital on all aspects of the transaction, including due diligence, planning, and the negotiation of the transaction and financing documents.
VGD acted as a financial and tax advisor to GGEF I, while Talers provided transaction and legal advisory services to the shareholders of Předvýběr.CZ.