Leading Czech private equity firm, Genesis Capital Ltd. completed a leveraged buyout (LBO) of CTS-servis s.r.o. in December 2007. This acquisition added to an already impressive list of investments by Genesis Capital’s private equity fund, GPEF.
Other Genesis investments include AB Facility, Pietro Filipi, Candy Plus, VltavaStores, CCS, Gumotex, ESB, and ETarget. CTS-servis s.r.o. continues to be managed as a private company with operations in both the Czech Republic and Sweden.
They are currently looking for a partner to help sell hookloaders in the Swedish market.
CTS-servis s.r.o. (www.cts-servis.cz)
CTS-servis is a leading manufacturer and supplier of container systems in the Czech Republic. Their products include 2.5 to 30 ton hookloaders and skiploaders, truck containers, hydraulic cranes, military containers and flatracks, agrarian equipment, and platforms for handicap accessibility.
As the use of modern electronic technology increases, CTS-servis partners with other companies specializing in this technology, assuring its proper application in their products.
Active in the Czech market since 1992, the company is ISO 9001 certified while currently implementing ISO 14001 standards, and holds a COS Certificate for Czech defence standards.
Genesis Capital Ltd. (www.genesis.cz)
Along with Genesis Private Equity Fund II, Genesis Capital also manages the Genesis Private Equity Fund, sized at EUR 30 million, and has acted as an adviser to the Czech and Slovak Private Equity Fund as an affiliate of Advent International since 1999. It has the goal of investing EUR 1 to 3 million into Czech and Slovak companies. Genesis Capital is also a member of the Czech Venture Capital Association as well as the Slovak Venture Capital Association.