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J&T buys a stake in Jiří Šmejc's Emma Alpha in a €150 million deal

Jiří Šmejc raises €150 million: J&T buys a stake in his main investment platform Emma Alpha
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The J&T investment group is strengthening its partnership with Czech entrepreneur Jiří Šmejc: J&T Arch II, a fund for qualified investors, has acquired about 8% of Emma Alpha Holding Limited, the main investment platform of the Emma Capital group. The deal is worth €150 million.

The fund carried out the purchase through the company Arem Capital Holding. After the deal closes, the J&T Arch Investments and J&T Arch II funds will together own 16.7% of the parent structure Emma Alpha Holding Limited. For J&T Arch II, this is its second investment since its launch in the first half of this year.

Emma Alpha brings together several of Šmejc's key assets. Its portfolio includes the betting group Entain CEE, the logistics group Packeta and the parcel locker operator BoxNow.

The deal also changed the ownership structure: J&T Arch Investments regrouped its previous investment, and both funds now hold direct stakes through the shared company Arem Capital Holding.

Jiří Šmejc founded the investment holding Emma Capital in 2012. Today it focuses mainly on European markets, above all European Union countries, but also operates in other countries on the continent.

The J&T Arch platform brings together funds that invest in companies, projects and partnerships created by the J&T group over the past three decades. The first fund, J&T Arch Investments, began operating in 2020. With assets under management of more than 200 billion crowns, it is considered the largest fund of its kind in Central Europe. Besides the capital of the families that founded J&T, the fund manages money from private and institutional investors.

By the Around Prague newsroom

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