# Genesis Capital acquires TES Vsetín

Genesis Capital has acquired TES Vsetín, a manufacturer of generators and electric motors for the energy industry, from previous owners. The deal value is in the hundreds of millions of Czech crowns.

- Type: Acquisition
- Announced: 2023-01-16
- Where: Vsetín, Czechia
- Status: completed
- Products: generators, electric motors
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [ARX Equity Partners](https://endata.com/companies/54452.md) (partner)
- [Avallon MBO Fund](https://endata.com/companies/63885.md) (acquirer)
- [Genesis Capital](https://endata.com/companies/67876.md) (acquirer)
- [TES Vsetín](https://endata.com/companies/67877.md) (target)

## Sources

- [archiv.hn.cz](https://archiv.hn.cz/c1-67159770-stamilionova-transakce-dvou-ceskych-fondu-vsetinsky-vyrobce-generatoru-ma-noveho-majitele), 2023-01-15: "Novým majitelem strojírny TES Vsetín je od pátku fond Genesis Capital."
- [avallon.pl](https://avallon.pl/en/avallon-mbo-fund-and-genesis-capital-announce-an-agreement-on-the-acquisition-of-tes-vsetin/), 2023-01-16: "Avallon MBO Fund and Genesis Capital announce an agreement on the acquisition of TES Vsetín, a Czech producer of electric machines and components, from ARX Equity Partners."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.