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JSK Advises Genesis Growth Equity Fund I on Sale of Homecare Holding to Penta Group

JSK Advises Genesis Growth Equity Fund I on Sale of Homecare Holding to Penta Group

Czech Republic
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JSK has advised the Genesis Growth Equity Fund I on its sale of the Homecare Holding to the Penta Group. AK Evan reportedly advised the buyer.

The Genesis Growth Equity Fund I is a private equity fund that focuses on investments in small and medium-sized companies in the Czech Republic and Slovakia. It was opened for investment in 2019 with a size of EUR 40 million, with the usual size of an individual investment between EUR 2 and 6 million.

Homecare Holding is a provider of professional home healthcare. It currently operates in Prague and Plzen and is aiming for gradual organic and acquisition expansion into other regions of the Czech Republic.

"In recent years, we have managed to transform a traditional healthcare provider into a modern systematic concept of providing comprehensive care in a home environment," Genesis Growth Equity Fund I Partner Radim Jasek commented. "Our approach is based on the high level of expertise of our nurses, supported by the use of a wide range of modern digital tools. Thanks to the new quality management, the company has been able to grow organically and through acquisitions while maintaining a high level of efficiency and quality of care provided."

The JSK team included Partner Tomas Dolezil, Attorney at Law Helena Hailichova, and Junior Associate Lukas Tomanek.