• Genesis Private Equity

  • Sector: engineering
  • Client: Genesis Private Equity
  • Year: 2011
  • Deal value: confidential
  • CORPIN acted as exclusive financial adviser to Genesis Private Equity Fund in its disposal of one of the five Czech leading electrical switchboard producers, ESB Rozvaděče. The new owner, ESB Elektro, a.s. was established by the current and previous management of Energetické strojírny Brno, accompanied by a sector investor. In 2010 ESB Rozvaděče achieved sales of CZK301m and EBIT of CZK15.4m.
  • This transaction represents another successful exit by Genesis from part of its investment into Energetické strojírny Brno, which was acquired in 2006. The electrical switchboard production was historically operated as a division of Energetické strojírny and later in October 2007 separated into the new legal entity – ESB Rozvaděče, a.s.