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IMAP REDBAENK advised HC ELECTRONICS on its sale to GENESIS

See how IMAP’s M&A advisors supported this transaction.

Technologie

HC electronics Holding a.s.

Service and aftermarket for the sawmill industry

Acquired 100% of Business Operations

HC electronics s.r.o.

Investment group with small- and mid-sized companies

Electronics manufacturing services (EMS) company

Transaction advisors

Richard Kovář

Partner

Milan Polášek

Senior Manager

Client Testimoniala

We would like to thank IMAP REDBAENK for the smooth and successful transaction process. IMAP REDBAENK advisors have been selected among others for their openness, their willingness and ability to explain us the process steps right from the beginning. We appreciated their professional and communication skills during the whole process and also their endurance during not easy final transaction steps. They helped us to find the partner that suits to our company future while satisfying both exiting and staying owners. Good job IMAP.

Petr Zamouril

IMAP REDBAENK advised HC ELECTRONICS on its sale to GENESIS

In March 2022 HC electronics, Czech electronic manufacturing service company based in Hradec Králové, completed its shareholding restructuring process within which two of five existing shareholders left the Company to retire and three other shareholders teamed up with GENESIS Growth Equity Fund I (GENESIS Growth Fund) to acquire jointly 100% share in the Company via SPV company HC electronics Holding.

The deal also included an invitation of a second-generation managers from a shareholder’s families to the shareholding structure to ensure a smooth and successful transition and continuance of successful business.

GENESIS Growth Fund is a team of experienced industry professionals managing EUR 40M private equity fund providing capital to small and medium size high-growth companies primarily in the Czech Republic and Slovakia.

HC electronics is a well invested EMS business established and organized to manufacture a high mix of small to mid-size production series. Offered services include PCB mounting, soldering, testing, coating, assembly and box build. Diversified customers portfolio is composed from both local and West European companies in various sectors as industrials, utilities, healthcare, aviation, defence among others. Management team has a substantial technical know-how and skills in EMS industry. HC electronics has approx. 130 employees. In 2021 the Company reached revenues at EUR 7m and EBITDA around 1.2M.