RSBC

What RSBC does

RSBC Holding a.s. is a Czech family-controlled private investment group founded in 1998 by Robert Schönfeld to manage family assets returned through post-restitution processes. Headquartered in Prague (Vyskočilova 1410/1) with a secondary office in London (10 Throgmorton Avenue), the group operates a four-pillar structure covering Real Estate, Private Equity, Investment Funds, and Wealth Management, and manages assets with a total market value exceeding CZK 8 billion across Czech Republic, Austria, Slovenia, Slovakia, France, Spain, the United Kingdom, and other European markets. The real estate pillar holds a CZK 3.1 billion portfolio of seven projects with 68,600 m² of leasable space and 95%+ occupancy, anchored by the RSBC Kvarta building (ČEZ headquarters, Prague) and Platinium Brno. Investment returns disclosed include CZK 2 billion in 2024 group performance and a 45.8% cumulative / 8.6% annualized return since 2020 on the Schönfeld & Co Premium Real Estate Fund.

The private equity pillar combines a defence platform (AREX in Slovenia, STEYR ARMS in Austria acquired 100% in April 2024 with 2023 sales above EUR 45 million, and Verney-Carron in France announced June 2025 with French partner Rivolier) with a CEE telecommunications-logistics cluster (PJ Expedis acquired 2022, MUFF Logistics 80% stake acquired 2024) and ancillary holdings in Bauer Technics, Fishmaster, and Mooveez. The investment funds pillar operates the Schönfeld & Co Premium Real Estate retail fund (CZK 2.3 bn AUM, 8.6% annualized return) and the RSBC Defence Qualified Investor Fund (CZK 3 bn NAV, 9–11% gross target return). The wealth management pillar is delivered through Schönfeld & Co Wealth and Asset Management, which obtained a Czech National Bank investment company licence in Q3 2024 enabling management of qualified investor and special investment funds.

RSBC makes money through a combination of rental income and capital appreciation from real estate, dividends and exit capital gains from majority-controlled portfolio companies, recurring management and performance fees on regulated and qualified-investor funds, wealth management fees on client portfolios, and bond issuance through RSBC Development Financing s.r.o. Distribution is relationship-based: direct outreach to qualified investors and family offices, the partner.rsbcgroup.com portal, and dedicated fund websites (schonfeldfondy.cz, rsbcdefence.cz), supported by Czech media presence including Hospodářské noviny fund rankings. Customer segments split between institutional and HNW investors across the funds, named enterprise tenants (ČEZ, ČSOB, Generali, Gardner Denver, Cyrrus, Commerzbank) for real estate, and government/defence buyers (NATO armed forces, law enforcement) for the firearms holdings. The core team is small (1–10 employees disclosed), with Milan Šlapák appointed Group CEO in 2024 to drive international expansion.

Name

RSBC

Legal name

RSBC Holding a.s.

Website

https://rsbcgroup.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

RSBC is a Czech family investment group founded in 1998, managing CZK 8+ billion across real estate, private equity (defence and logistics), investment funds, and wealth management for qualified investors and family offices across Europe.

Ownership category

akta.pro rank

Product category

Private Equity & Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (52591)

SIC

Investors, Nec (6799), Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

akta.pro secondary industry

Family Office Services (Single & Multi-Family Office) (FSABADAF)

Keywords

• Private equity investments
• Real estate management
• Wealth management services
• Investment fund management
• Industrial acquisitions

Headquarters

HQ city

Praha

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Rental and capital appreciation from Real Estate: Real estate portfolio generates rental income from commercial, office, residential, and logistics tenants with 95+% occupancy rates, combined with capital appreciation from property value growth. Portfolio includes properties across Prague, Brno, and other Czech locations.
2. Private Equity dividends and capital gains: Portfolio companies (AREX, STEYR ARMS, PJ Expedis, MUFF Logistics, Bauer Technics, Fishmaster) generate operational profits; RSBC realizes returns through dividends, management fees, and exit capital gains.
3. Fund management fees and performance fees: Schönfeld & Co Premium Real Estate Fund (retail) and RSBC Defence Qualified Investor Fund charge management fees and generate performance-based returns for investors. RSBC as fund manager earns fees on CZK 2.3 bn (real estate) and CZK 3 bn NAV (defence).
4. Wealth Management services: Schönfeld & Co Wealth and Asset Management provides comprehensive asset management across all classes, family constitution structuring, and investment company services. Revenue generated through asset management fees on client portfolios.
5. Bond financing (RSBC Development Financing): RSBC Development Financing s.r.o. issues bonds to finance investment opportunities in commercial and residential real estate projects in the Czech Republic.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

RSBC is a Czech family investment group that manages a diversified portfolio across four pillars: Real Estate (commercial, office, residential, and logistics properties with CZK 3.1 bn market value, 95+% occupancy, 68,600 m² leasable area), Private Equity (industrial and agricultural operating companies), Investment Funds (retail real estate fund and qualified investor defence fund), and Wealth Management. The group invests its own capital and partners with co-investors across more than 10 countries, taking majority stakes with a 5+ year holding horizon.

Differentiator

Problem solved

Functional benefit

Brands

• Schönfeld & Co Prémiové nemovitosti: Retail real estate fund focused on premium residential and commercial properties in Czech Republic.
• RSBC Defence

Products and services

• Sch\u00f6nfeld & Co Premium Real Estate Fund (Sch\u00f6nfeld & Co Pr\u00e9miov\u00e9 nemovitosti) Retail qualified investor fund investing in premium residential and commercial real estate in the Czech Republic for retail investors seeking access to institutional-quality real estate, regular rental income, and long-term capital appreciation. Targets an average annual return of 8.6% and is distributed via the Schönfeld & Co fund platform (schonfeldfondy.cz).
• RSBC Defence Qualified Investor Fund Qualified investor fund focused on defence industry, manufacturing, and technology companies benefiting from increased state defence spending, with portfolio assets AREX and STEYR ARMS. Targets gross annual returns of 9–11% with CZK 3 bn NAV as of December 2024, distributed to qualified investors via rsbcdefence.cz and direct RSBC relationships.
• Sch\u00f6nfeld & Co Wealth and Asset Management Comprehensive wealth and asset management services for family offices and high-net-worth families across all asset classes, including asset management, family constitution setup, and investment company services. Operates under a Czech National Bank investment company licence obtained in Q3/2024.
• RSBC Private Equity Co-Investments Co-investment opportunities alongside RSBC and managed funds for investments in industrial, logistics, agricultural, and defence portfolio companies. Targets portfolio companies with minimum EBITDA of CZK 100 million and Enterprise Value over CZK 500 million in Czech Republic, Slovakia, Slovenia, Germany, Poland, Italy, Austria, and Scandinavia. 5+ year investment horizon with majority shareholding.
• RSBC Development Financing (Bonds) Bond issuance through RSBC Development Financing s.r.o. to finance investment opportunities in commercial and residential real estate projects in the Czech Republic, distributed directly to investors via RSBC.

Quantifiable outcome

• CZK 8+ billion in total assets under management
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core, secondary and minor.

• RivoliercoreStrategic or Co-development Partner · 1 June 2025RSBC, together with French partner Rivolier, acquired Verney-Carron – the only and oldest manufacturer of small arms in France (established 1820). The transaction also includes a stake in the Lebel brand focused on supplying armed forces and security services. This strategic acquisition expands the RSBC Defence fund portfolio to a new market following previous entries in Slovenia (AREX) and Austria (STEYR ARMS).
• PJ ExpediscoreStrategic or Co-development PartnerPJ Expedis is the Czech and Slovak leader in telecommunications logistics, acquired by RSBC Private Equity division. The company specializes in high-value-added logistics and provides services to all mobile operators in the Czech Republic and Slovakia, including storage, transport, testing, and servicing of mobile phones and devices.
• MUFF LogisticssecondaryStrategic or Co-development PartnerRSBC acquired an 80% stake in MUFF Logistics, a Czech logistics company specializing in warehousing and last-mile logistics for telecommunications operators. The company delivers mobile phones, tablets, televisions, and other electronics to sales points and end customers, expanding RSBC's presence in high value-added logistics.
• Saab (Swedish aerospace and defence)coreStrategic or Co-development PartnerRSBC signed a major global contract with Saab (Swedish manufacturer of Gripen aircraft) in 2010. This contract established RSBC's credentials in the defence sector and was followed by the founding of the RSBC private equity fund in the Czech Republic two years later.
• AREXcoreStrategic or Co-development PartnerAREX is a Slovenian armaments company and the first asset of the RSBC Defence Fund. It focuses on defence manufacturing serving clients in NATO countries, the Middle East, Southeast Asia, and South America. Main products include pistols, cartridge belts, and training ammunition. In 2021, AREX introduced the unique MT-X training marking ammunition, positioning it among the top three world leaders in that segment.
• STEYR ARMScoreStrategic or Co-development PartnerSTEYR ARMS, acquired in full by RSBC in April 2024 from SMH Holding GmbH, is a globally operating Austrian arms manufacturer with 160 years of tradition. Based in Austria with a US branch in Bessemer, Alabama, it holds a strong position in hunting rifles and weapons for police and military professionals. The iconic STEYR AUG is used by more than two dozen armies. STEYR ARMS is the second asset of the RSBC Defence Fund (since August 2024).
• Prague PhilharmoniaminorOthersRobert Schönfeld is Chairman of the Supervisory Board of Prague Philharmonia. The orchestra, founded in 1994 by conductor Jiří Bělohlávek, is one of the most respected orchestras in the Czech Republic and worldwide. RSBC's cultural sponsorship supports the orchestra's operations and performances.
• International School of Music and Fine Arts Prague (ISMFA)minorOthersFounded by Robert Schönfeld in 1998, ISMFA is a top educational facility for Czech and international students focusing on music, dance, and visual arts. During its 25+ years, the school has had more than 12,000 students and hosted over 680 concerts, dance performances, and art exhibitions.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• CVC Capital Partners: Large European-headquartered PE firm with multi-strategy and growth funds. Provides scale benchmark for what a mature European private investment group looks like at the upper end of the industry.
• EQT AB: Swedish-listed PE investor with European sector-led buyout, growth, and infrastructure strategies. Comparable as a European fund sponsor with industrial-defence adjacency.

Direct peers

• KKCG Group: Czech investment conglomerate operating across entertainment, energy, aerospace (AERO Vodochody), and financial services. Similar family-led conglomerate model with industrial and financial investments across CEE.
• J&T Group: Czech/Slovak financial group combining private banking, asset management, and PE/VC investing. Comparable family-controlled structure with Central European focus and regulated fund operations.
• Jet Investment: Czech private equity firm focused on CEE mid-market buyouts, growth, and turnarounds. Direct competitor for the same CZK 100m+ EBITDA, EV CZK 500m+ deal profile that RSBC targets.
• Penta Investments: Slovak/Czech private investment group running PE, real estate, and healthcare platforms across CEE with multi-strategy fund structures. Closest analogue to RSBC by geography and four-pillar mix.

Others

• Heckler & Koch: German small arms manufacturer serving NATO and law enforcement. Direct industry peer to RSBC's STEYR ARMS/AREX/Verney-Carron holdings, useful for valuation reference of defence assets.

Emerging players

• AMISTA investiční společnost: Czech investment company providing fund administration and qualified investor fund management. Comparable regulatory counterpart to Schönfeld & Co Wealth and Asset Management in the Czech QIF market.

Regional players

• Pivovary Lobkowicz Group: Czech family-owned group with interests in brewing, beverages, and renewable energy, historically PE-backed. Comparable family-controlled Czech investment conglomerate structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/rsbcgroup
• LinkedInlinkedin.com/company/rsbc-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RSBC