{"id":133966,"date":"2026-06-30T10:20:13","date_gmt":"2026-06-30T10:20:13","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/133966\/"},"modified":"2026-06-30T10:20:13","modified_gmt":"2026-06-30T10:20:13","slug":"deset-miliard-a-zmena-kurzu-pale-fire-capital-se-zmeni-v-akvizicniho-predatora-napric-evropou","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/133966\/","title":{"rendered":"Deset miliard a zm\u011bna kurzu. Pale Fire Capital se zm\u011bn\u00ed v akvizi\u010dn\u00edho pred\u00e1tora nap\u0159\u00ed\u010d Evropou"},"content":{"rendered":"<p>Desetimiliardov\u00e9 portfolio private equity a jen za posledn\u00ed rok tak\u0159ka p\u011btinov\u00fd r\u016fst. Takov\u00e1 je po deseti letech fungov\u00e1n\u00ed symbolick\u00e1 bilance tuzemsk\u00e9 investi\u010dn\u00ed skupiny <a href=\"https:\/\/www.e15.cz\/vysledky-voleb-a-referend\/volby-do-poslanecke-snemovny\/barta-salomon-marinec-a-dalsi-byznysmeni-hledaji-recept-pro-cesko-do-ceho-investovat-po-volbach-1427805\" rel=\"nofollow noopener\" target=\"_blank\">Pale Fire<\/a>, kter\u00e1 se krom\u011b <a href=\"https:\/\/www.e15.cz\/byznys\/burzy-a-trhy\/neni-to-jen-groupon-nejziskovejsi-investice-pale-fire-v-americe-se-nyni-toci-kolem-zdravi-a-zlata-1433193\" rel=\"nofollow noopener\" target=\"_blank\">e-commerce<\/a> a <a href=\"https:\/\/www.e15.cz\/byznys\/startupy\/ceskou-cyklistickou-aplikaci-rouvy-kupuji-americane-1432499\" rel=\"nofollow noopener\" target=\"_blank\">technologi\u00ed<\/a> hodl\u00e1 pustit i do tradi\u010dn\u00ed ekonomiky. Kapit\u00e1l nov\u011b nab\u00eddne zaveden\u00fdm rodinn\u00fdm firm\u00e1m ve st\u0159edn\u00ed a v\u00fdchodn\u00ed Evrop\u011b. Navzdory sv\u00e9 dosavadn\u00ed praxi aspiranta na majoritu p\u0159itom hodl\u00e1 vstupovat do rodinn\u00fdch firem nov\u011b i jako men\u0161inov\u00fd pod\u00edln\u00edk.\u00a0<\/p>\n<p>\u201eRok 2025 v\u00fdrazn\u011b prom\u011bnil technologick\u00fd sektor. Rozvoj AI zpochybnil \u010d\u00e1st zaveden\u00fdch produktov\u00fdch model\u016f, byl testem odolnosti i schopnosti adaptace. Sou\u010dasn\u011b ale otev\u0159el nov\u00e9 zdroje r\u016fstu. Soust\u0159edili jsme se p\u0159edev\u0161\u00edm na spole\u010dnosti s nejv\u011bt\u0161\u00edm potenci\u00e1lem pro region\u00e1ln\u00ed expanzi a posilov\u00e1n\u00ed pozice na glob\u00e1ln\u00edch trz\u00edch. Hodnota na\u0161eho portfolia vyrostla v roce 2025 o 18 procent,\u201c \u0159\u00edk\u00e1 doposud nejnov\u011bj\u0161\u00ed partner Fire Capital Jan \u010cern\u00fd, kter\u00fd do skupiny nasko\u010dil teprve letos v dubnu s t\u00edm, \u017ee rozpo\u010det na nov\u00e9 akvizice \u010din\u00ed 400 milion\u016f eur, tedy v p\u0159epo\u010dtu zhruba dal\u0161\u00edch deset miliard korun.\u00a0<\/p>\n<p>Celkov\u00e1 hodnota spravovan\u00e9ho majetku skupiny, kterou vedle private equity aktivit tvo\u0159\u00ed i investi\u010dn\u00ed fond, aktu\u00e1ln\u011b dosahuje dvou miliard eur, tedy zhruba 50 miliard korun. Podle v\u00fdro\u010dn\u00ed zpr\u00e1vy t\u00e1hla r\u016fst portfolia v uplynul\u00e9m roce p\u0159edev\u0161\u00edm expanze kl\u00ed\u010dov\u00fdch projekt\u016f a efektivn\u00ed adaptace na n\u00e1stup um\u011bl\u00e9 inteligence.<\/p>\n<p>Pern\u00fd rok na v\u0161ech front\u00e1ch<\/p>\n<p>Znateln\u00fd posun loni zaznamenala platforma Rouvy. Akvizicemi \u0161pan\u011blsk\u00e9 slu\u017eby Bkool a australsk\u00e9ho FulGazu pos\u00edlila svou pozici na trhu realistick\u00e9 indoor cyklistiky a po\u010det jej\u00edch p\u0159edplatitel\u016f stoupl na 300 tis\u00edc. \u00dasp\u011b\u0161n\u00fd rok hl\u00e1s\u00ed tak\u00e9 online tr\u017ei\u0161t\u011b Aukro, kter\u00e9 expandovalo na p\u011bt nov\u00fdch evropsk\u00fdch trh\u016f, \u010di slovensk\u00e1 spole\u010dnost Itrinity. Jej\u00ed n\u00e1stroj UptimeRobot poprv\u00e9 p\u0159ekonal hranici deseti milion\u016f dolar\u016f v ro\u010dn\u00edch opakuj\u00edc\u00edch se tr\u017eb\u00e1ch. Stabilizac\u00ed pro\u0161el podle \u010cern\u00e9ho i americk\u00fd slevov\u00fd port\u00e1l Groupon. Pod veden\u00edm Du\u0161ana \u0160enkypla firma po deseti letech propad\u016f zv\u00fd\u0161ila objem tr\u017eby i objem transakc\u00ed.<\/p>\n<p>Naposledy o sob\u011b dala skupina v\u011bd\u011bt letos v lednu n\u00e1kupem majority v \u010desk\u00e9m v\u00fdrobci tepeln\u00fdch \u010derpadel Acond. Nav\u00fd\u0161ila sv\u016fj dosud men\u0161inov\u00fd pod\u00edl na 93 procent. Jej\u00edm c\u00edlem v roli majoritn\u00edho vlastn\u00edka firmy z Milevska na P\u00edsecku bude expanze na evropsk\u00fd trh.\u00a0<\/p>\n<p>Nov\u00fd modus operandi<\/p>\n<p>\u201eV prvn\u00ed dek\u00e1d\u011b se Pale Fire Capital zam\u011b\u0159oval na technologick\u00e9 a e-commerce spole\u010dnosti. Dnes vid\u00edme pro n\u00e1\u0161 kapit\u00e1l, t\u00fdm a zku\u0161enosti na trhu daleko \u0161ir\u0161\u00ed uplatn\u011bn\u00ed, a to p\u0159edev\u0161\u00edm na pr\u016fse\u010d\u00edku tradi\u010dn\u00ed ekonomiky a digit\u00e1ln\u00edch technologi\u00ed, kde jsou na\u0161e kompetence nejsiln\u011bj\u0161\u00ed,\u201c dod\u00e1v\u00e1 \u010cern\u00fd. Prioritou podle n\u011bho z\u016fstane i nad\u00e1le majoritn\u00ed pod\u00edl v nakupovan\u00fdch firm\u00e1ch, co\u017e ale nemus\u00ed b\u00fdt pravidlem.\u00a0<\/p>\n<p>\u201eVe v\u00fdjime\u010dn\u00fdch p\u0159\u00edpadech siln\u00fdch rodinn\u00fdch spole\u010dnost\u00ed z na\u0161eho regionu jsme ale poprv\u00e9 p\u0159ipraveni hr\u00e1t i roli v\u00fdznamn\u00e9ho men\u0161inov\u00e9ho investora. Chceme, aby hodnota t\u011bchto spole\u010dnost\u00ed z\u016fst\u00e1vala v Evrop\u011b a abychom pom\u00e1hali z evropsk\u00fdch \u0161ampion\u016f stav\u011bt hr\u00e1\u010de s glob\u00e1ln\u00edm dosahem,\u201e dod\u00e1v\u00e1 \u010cern\u00fd.<\/p>\n<p>Pale Fire Capital je investi\u010dn\u00ed skupina Jana Barty, Du\u0161ana \u0160enkypla a Davida Hol\u00e9ho. Spravuje portfolio spole\u010dnost\u00ed v r\u016fzn\u00fdch segmentech ekonomiky s d\u016frazem na technologie.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Desetimiliardov\u00e9 portfolio private equity a jen za posledn\u00ed rok tak\u0159ka p\u011btinov\u00fd r\u016fst. Takov\u00e1 je po deseti letech fungov\u00e1n\u00ed&hellip;\n","protected":false},"author":2,"featured_media":133967,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[36109,7890,708,109,108,106,36111,7889,36110,7472,4414,36112],"class_list":["post-133966","post","type-post","status-publish","format-standard","has-post-thumbnail","category-evropa","tag-aukro","tag-dusan-senkypl","tag-ekonomika","tag-europa","tag-europe","tag-evropa","tag-itrinity","tag-jan-barta","tag-okres-pisek","tag-pale-fire-capital","tag-stredni-a-vychodni-evropa","tag-uptimerobot"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116838559125421662","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/133966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=133966"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/133966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/133967"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=133966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=133966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=133966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}