• RIO Media

  • Sector: Telecommunications
  • Client: ARGUS Capital
  • Year: 2017
  • CORPIN, supported by Rothschild & Co., acted as exclusive financial adviser to ARGUS Capital on the sale of RIO Media to Kaprain Industrial Holding Limited.
  • RIO Media is the third largest Czech internet, video and fixed voice services provider for both retail and business customers. RIO Media covers with its deep fiber-to-the-home network infrastructure over 30 cities nationwide and has 110 thousand homes connected on its fixed network as well as over 60 thousand homes passed on its wireless network. It was established in 2008 by ARGUS Capital through the acquisition of six companies, which were subsequently fully integrated into one entity.
  • ARGUS Capital was established in 1998 and became one of the first private equity firms active in Central and Eastern Europe. With total commitment above € 400 million in its two funds, ARGUS has invested in 18 companies including several successful investments in the Czech Republic, e.g. the broadband internet provider RIO Media, the commercial printer Svoboda Press and the multiplex cinemas operator Palace Cinemas.
  • Kaprain Industrial Holding is an investment group founded in 2013 by Karel Pražák. Since its foundation, Kaprain has focused on three key investment areas: industry, real estate and financial services. RIO Media’s acquisition strengthens Kaprain’s position among the Czech Internet and TV operators. Kaprain already owns another important provider: Nej.cz.
  • Sale process was managed by us as a highly competitive, international, multi-round tender which ensured price maximization and simplification legal terms negotiation.
  • The transaction also demonstrates CORPIN / Rothschild & Co. leading position in advising on TMT situations in the Czech and Slovak Republics (Slevomat, Benestra, Invia, Towercom, Communicorp, Skylink - mandates within the last six years).