CMS has advised Partech, Quadrille, J&T, and EBRD on investing in the Czech online grocery company Rohlik Group. The EUR 100 million Series C, at a valuation of USD 1 billion, was led by Index Ventures and included Ener. Pierstone advised Index on the deal, with Pelikan Krofta Kohoutek advising Ener and White & Case advising the Rohlik Group.
The Rohlik Group will use the funding to work on technological innovation, market expansion, and customer service. According to the Group’s press release, “this investment reflects strong demand from existing shareholders to invest in the company, which has grown from a formerly Czech start-up into a European trend-setting technology leader with a growing presence across the continent. Having already successfully expanded to Hungary and Austria, it will be launching in Munich in the coming months, with other German cities and European countries to quickly follow, reflecting the significant growth potential and accelerating adoption by consumers of online grocery purchases.”
CMS’s team included Managing Partner Helen Rodwell, Consultant David Cranfield, Senior Associate Lucie Halloova, and Associates Tristan O’Connor and Stepan Havranek.
Pierstone's team included Partners Iva Zothova and Tomas Schollaert and Associates Klara Kocarova, Ferdinand Fort, and Radek Czichon.
White & Case's team included Partner Jan Andrusko, Local Partners Jan Stejskal and Jan Jakoubek, and Associates Kamila Dankova, Iva Cechrakova, and Lukas Pavlík.