March 2024 – Kinstellar’s Prague office has successfully advised Genesis Private Equity Fund IV (GPEF IV), from the established private equity group Genesis Capital, on the acquisition of a majority stake in GAF, a Czech manufacturer of specialised metal products.
GAF is a major player in metal fabrication, focusing on the complex custom processing of steel, stainless steel and aluminium. The company's products are subject to strict certification and have a wide market application in the food, healthcare, textile, and railway transport industries, among others. The founder and current 100% owner, Mr. Luděk Fofoňka, will retain a significant stake in the company. At the same time, key managers who are also investing in the company will take over Mr. Fofonka’s management role and together with the new owner plan to build on the successful development of the company in recent years.
Kinstellar advised Genesis Capital on all aspects of the transaction, including due diligence, preparation and negotiations of the transaction documents.
The Kinstellar team was led by Jan Juroška (Partner) and Michal Kní~ (Managing Associate) and included Tomáš Čihula (Partner), Martina Mazůrková (Senior Associate), Dominik Ševců, Antonín Seidel (Junior Associates) and Jakub Rubáš (Research Assistant).