December 2023 – Kinstellar’s Prague office has successfully advised Genesis Private Equity Fund III (GPEF III), from the established private equity group Genesis Capital, on the sale of SANBORN, a key supplier of precision components and specialised parts for the power generation, oil & gas and transportation industries, to industrial group Oriens.
Sanborn manufactures and supplies critical components for the world’s leading manufacturers of generators and turbines, energy companies and transportation, mainly from special steel alloys. The company’s key clients include leading international industrial conglomerates such as GE, Siemens, Wabtec, Technip FMC, and OneSubsea. The company expects revenues in 2023 of over CZK 650 million.
Kinstellar advised Genesis Capital on all aspects of the transaction, including preparation and negotiations of the transaction documents.
The Kinstellar team was led by Jan Juroška (Partner, Prague) and included Michal Kníž (Managing Associate) and Denisa Šimanská (Associate).