Genesis Capital Acquires 47 Percent Stake in POS Media Group (CEE and CIS)

Source(s): Genesis Capital

Czech Republic- and Slovakia-focused private equity firm Genesis Capital has acquired a 47 percent stake in POS Media Group, a Czech Republic-based provider of point-of-sale advertising and in-store communications solutions. The company plans to use the funds to expand its current portfolio of products and services and to enter new markets. Genesis Capital invested through Genesis Private Equity Fund III. Financial details of the transaction were not disclosed.