Jet Investment’s Sale of Tedom
Jet Investment has sold Tedom to Yanmar Group, marking a nearly sevenfold return on its original investment made in 2019. Founded in 1997, Jet Investment is a Central European private equity firm that became Tedom’s sole owner in 2020. Over five years, Tedom evolved from a cogeneration unit manufacturer to a comprehensive energy services provider, doubling its revenue from €160 million to a projected €320 million. This deal is one of the most significant mergers in the Czech market this year, with Jet Investment achieving its most successful exit to date.