M&A Deal Summary

Genesis Capital SRO Acquires ProMedica Health System

On August 19, 2020, private equity firm Genesis Capital SRO acquired healthcare services company ProMedica Health System

Acquisition Highlights
  • This is Genesis Capital SRO’s 1st transaction in the Healthcare Services sector.
  • This is Genesis Capital SRO’s 1st transaction in the United States.
  • This is Genesis Capital SRO’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2020-08-19
Target ProMedica Health System
Sector Healthcare Services
Buyer(s) Genesis Capital SRO
Deal Type Buyout (LBO, MBO, MBI)

Target

ProMedica Health System

Washington, District of Columbia, United States
ProMedica Health System, Inc. is a health system serving communities in 28 states. ProMedica sees more than 4.7 million patient encounters at 13 hospitals, four ambulatory surgery centers, and more than 400 post-acute facilities. ProMedica has nearly 56,000 employees and 2,100+ physicians with privileges system-wide. ProMedica Physicians includes more than 900+ providers serving more than 1.5 million patient visits annually.

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Buyer(S) 1

Buyer

Genesis Capital SRO

Prague, Czech Republic

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 170M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Genesis Capital SRO is a private equity firm specializing in buyouts (MBOs, MBIs, LBO) and growth capital investments in small and mid-sized enterprises throughout the Czech Republic and Slovakia. Genesis looks to commit €2 to €9 million of equity per transaction (more with co-investors). Genesis generally targets proven businesses with growth potential and strong management. Areas of interest includes processing industry products, commercial services, energy, technology, specialized chemicals, construction materials, healthcare, leisure, selected security equipment and specialty retail. Genesis will not invest in real estate, firearms, gambling, adult entertainment, tobacco or alcohol. Genesis Capital SRO was formed in 1999 and is based in Czech Republic.


DEAL STATS #
Overall 39 of 42
Sector (Healthcare Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 25 of 27
State (District of Columbia) 1 of 1
Country (United States) 1 of 1
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-18 Conectart s.r.o.

Prague, Czech Republic

Conectart s.r.o. is a Business Process Outsourcing (BPO) services provider offering all-inclusive contact center services to domestic and foreign clients in the Czech Republic. Conectart was formed in 2012 and is based in Prague, Czech Republic.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-15 HC Electronics

Hradec Králové, Czech Republic

HC Electronics offer PCB assembly either with parts free issued or can provide some or all parts for assembly including PCBs. HC Electronics offer SMD and THT parts sales too and moreover, HC Electronics sells “books” with SMD component sets, which are used by designers or at electronic repair shops.

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