Advised on Sale of CompanyTechnology
Acquired 100% of Business Operations
In March 2022 HC electronics, Czech electronic manufacturing service company based in Hradec Králové, completed its shareholding restructuring process within which two of five existing shareholders left the Company to retire and three other shareholders teamed up with GENESIS Growth Equity Fund I (GENESIS Growth Fund) to acquire jointly 100% share in the Company via SPV company HC electronics Holding.
The deal also included an invitation of a second-generation managers from a shareholder’s families to the shareholding structure to ensure a smooth and successful transition and continuance of successful business.
GENESIS Growth Fund is a team of experienced industry professionals managing EUR 40M private equity fund providing capital to small and medium size high-growth companies primarily in the Czech Republic and Slovakia.
HC electronics is a well invested EMS business established and organized to manufacture a high mix of small to mid-size production series. Offered services include PCB mounting, soldering, testing, coating, assembly and box build. Diversified customers portfolio is composed from both local and West European companies in various sectors as industrials, utilities, healthcare, aviation, defence among others. Management team has a substantial technical know-how and skills in EMS industry. HC electronics has approx. 130 employees. In 2021 the Company reached revenues at EUR 7m and EBITDA around 1.2M.