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JSK Advises Genesis Private Equity on AV Media Group Acquisition

JSK Advises Genesis Private Equity on AV Media Group Acquisition

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JSK has advised Genesis Private Equity Fund IV on its acquisition of the AV Media Group. CK Legal reportedly advised the buyer as well. Tarpan Legal reportedly advised AV Media.

The transaction remains contingent on regulatory approval.

According to JSK, since its establishment in 1992, "AV Media has established a leading position in the field of audio-visual technology in the Czech Republic and surrounding countries. Its business consists of two main pillars: AV Media Systems, which designs and integrates complete audio-visual solutions for customers in the education, public administration, cultural, and commercial sectors, and AV Media Events, which provides complete technology solutions for organizers of conferences, exhibitions, social, cultural, and sporting events."

The Genesis Private Equity Fund IV is a private equity fund of Genesis Capital that offers financing for growth and development to small and medium-sized companies in Central Europe. Since 1999, Genesis Capital has advised six private equity funds with a total volume exceeding EUR 350 million.

According to JSK, "GPEF IV will acquire a majority stake in AV Media and two of the three founders will also keep a stake. The key managers of the group will also become shareholders. The joint intention is to accelerate the growth of the group, either through the expansion of the product portfolio or through selected acquisitions in the region."

The JSK team included Partner Tomas Dolezil and Senior Associates Klara Smidova, Daniel Pospisil, and Vladena Svobodova.

Editor's Note: After this article was published, CK Legal confirmed its involvement to CEE Legal Matters. The firm's team included Managing Partners Magdalena Golonka and Antoni Liskiewicz and Partner Agata Kowalska.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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