Kinstellar has advised Genesis Growth Equity Fund I on its acquisition of R2B2, an advertising company in the Czech Republic.
Financial details were not disclosed.
According to Kinstellar, “R2B2 works for hundreds of clients, and its digital network is used by major publishers as well as some of the largest advertisers, such as Vodafone or Samsung. The growth fund GGEF I last year raised EUR 40 million (approximately CZK 1 billion) for investments in smaller and mid-size companies, primarily in the Czech Republic and Slovakia. R2B2 is its first-ever acquisition.”
Kinstellar’s team was led by Partner Jan Juroska and included Counsel Zdenek Kucera, Senior Associate Michal Kniz, and Junior Associates Denisa Simanska and Stepanka Havlikova.
Kinstellar did not reply to our inquiry on the matter.