We put capital and companies into motion
For 24 years, we have been working for Central European industry
We have been building the value of companies for more than 20 years. We are growing our own capital and that of the investors with whom we work. We have been involved with about 27 companies.
Jet Investment in a nutshell
We are an investment company and manager of Jet Funds for qualified investors under the regulation of the Czech National Bank. Investment projects are financed by combining our own funds with capital entrusted to us by institutional investors from the Czech Republic and abroad. Individual private investors, too, can make private equity investments with us. We have been offering this possibility through Jet Funds since 2015. We bring investors attractive returns on their invested funds over the long term.
Since our establishment in 1997, we have focused on investing in small and medium-sized industrial companies across the entire CEE region. With our 24 years of experience in private equity, we can provide companies with the financial and strategic support to achieve further growth. We specialize in late-stage venture, growth, buy-out, and turnaround/rescue investments. In our history, we have supported, restructured, and reorganized 27 enterprises and stood behind several significant court-permitted reorganizations of manufacturing companies in the Czech Republic and Slovakia.
Divestment of MSV Metal Group
Over the eight years of Jet Investment management, MSV Metal Studénka has become a profitable company that invests in technology and pays its employees well, a company with a full order book as well as production capacity, and one with a clear vision of where to further develop and invest. The investment produced a 5.54× gross multiple of invested capital.
2JCP, a. s.
acquisition 2020 – owned to date by Jet 2 Fund
engineering
member of 2 JCP Group
TEDOM, a. s.
acquisition 2020 – owned to date by Jet 2 Fund
power industry products and services
member of TEDOM Group
BENET AUTOMOTIVE divestment
The sale of BENET AUTOMOTIVE to a strategic partner was a relatively quick but effective outcome of Jet Investment’s entering the project.
KORDÁRNA Plus divestment
The investment produced a 5.75× gross multiple of invested capital. It is among the most successful projects in the history of the Brno-based investment company.
First divestment of Jet 1 Fund
The sale of LESS & TIMBER and its subsidiary LESS & ENERGY was Jet 1 Fund’s first divestment, and it became one of the most successful projects in Jet Investment history. In under four years’ time, the project produced a 6.3× gross multiple of invested capital.
Subscription of Jet 2 Fund
End of Jet 1 Fund subscription period
HOECKLE
acquisition 2017 – owned to this date by Jet 1 Fund
automotive components, precision engineering
member of HOECKLE POLDI Group
BENET AUTOMOTIVE s. r. o.
acquisition 2017 – divestment 2019
automotive components
Kuźnia Ostrów Wielkopolski Sp. z o.o.
acquisition 2017 – divestment 2020
railway industry
member of MSV Metal Group
BENVIG HEAT TRANSFER, s. r. o.
acquisition 2016 (under the name BRONSWERK HEAT TRANSFER) – owned to this date by Jet 1 Fund
products and services for the oil and energy industries
key company in BENVIG
FIBERPREG GmbH, Kordcarbon, a. s.
acquisition 2016 (under the name Fiberpreg CZ) – owned to this date by Jet 1 Fund
specialty chemicals, technical textiles
key company in COMPOSITE Group
Payment4U, a. s.
acquisition 2016 – divestment 2020
electro-technical industry and software
Transformation of Jet Investment and subscription of Jet1 Fund
Jet Investment transforms itself from an investment group into an investment company regulated by the Czech National Bank and becomes licensed to manage qualified investor funds. Jet 1, investiční fond a. s. private equity fund is founded. Within a half year, more than 100 investors invest approximately EUR 129 million, 40% of which is investments of Jet Investment partners.
LESS & TIMBER, a. s.
LESS & ENERGY, s. r. o.
acquisition 2015 - divestment 2018
wood processing industry, building materials and accessories, renewable energy sources
6.3× gross multiple of invested capital
MSV Metal Studénka, a. s.
acquisition 2013 – divestment 2020
railway industry
New partner
Marek Malík joins Jet Investment as a partner
KORDÁRNA Plus, a. s.
Slovkord, a. s., Slovenský hodváb, a. s.
acquisition 2010 – divestment 2018
technical textiles, specialty chemicals
The acquisition of Kordárna involves several firsts for Jet Investment. It is its first foreign acquisition. It is also the largest court-permitted reorganization up to that time, as well as the first cross-border reorganization in the Czech Republic. To this day, Kordárna stands among the largest and most successful reorganizations of manufacturing enterprises in the history of Czech insolvencies.
Avízo, s. r. o.
acquisition 2008 – divestment 2013
packaging industry
1.2× gross multiple of invested capital
ROLOFOL, s. r. o.
acquisition 2008 – divestment 2011
packaging industry
−40% investment return (loss)
STROJÍRNY POLDI, a. s.
acquisition 2006 – owned to this date by Jet 1 Fund
automotive components, precision engineering
key company in HOECKLE POLDI Group
Jitka, a. s.
acquisition 2005 – divestment 2007
textile industry
PBS INDUSTRY, a. s.
acquisition 2004 – owned to this date by Jet 2 Fund
industrial and heavy machinery, automotive components
key company in 2 JCP Group
ADAST Blansko
acquisition 2004 – divestment 2004
machinery
1.8× gross multiple of invested capital
Hutní montáže, a. s.
acquisition 2002 – divestment 2005
heavy machinery
1.1× gross multiple of invested capital
ZPA Nová Paka, a. s.
acquisition 2001 – divestment 2007
electro-technical industry
6.8× gross multiple of invested capital
VINIUM, a. s.
Víno Bzenec, a. s.
acquisition 2001 – divestment 2003
food industry
2.2× gross multiple of invested capital
Jet Investment moves to new headquarters at Hlinky Street in Brno
From approximately the turn of the millennium, Jet Investment is turning to more sophisticated methods of restructuring. In addition to cost, asset, and financial aspects, it devotes itself especially to the areas of business strategy and quality of management. In addition to restructuring, there also are projects requiring liquidation of companies having attractive assets but no prospects for long-term success in the market. Selected acquisitions remain in the Jet Investment portfolio to this day.
Českomoravský len a. s.
acquisition 2000 – divestment 2001
wood processing industry
3.9× gross multiple of invested capital
Severomoravské sběrné suroviny, a. s.
Sběrné suroviny Brno, a. s.
acquisition 1999 – divestment 2001
collecting recyclable materials
Moravské autoopravny Olomouc, a. s.
acquisition 1998 – divestment 2002
automotive repairs and refurbishment
4.0× gross multiple of invested capital
Kornolit, a. s.
acquisition 1998 – divestment 2000
plastics manufacturing
3.2× gross multiple of invested capital
Foundation of Jet Investment
Igor Fait, together with partners Lubor Turza and Libor Šparlinek, establishes Jet Investment. From its very beginning, the investment group is focused on restructuring industrial companies. The first projects with unutilized assets and inefficient structures involve primarily managerial decision-making with the aim of rationalizing business operations and financial management.