Tikehau Capital has acquired a minority stake in Probe Test Solution Limited (PTSL), a semiconductor probe card manufacturer. The $30m investment, has been made via Tikehau’s pan-European growth impact private equity strategy and will support the company in its next phase of growth and development.
Probe Test Solutions Limited designs and manufactures probe cards. Founded in 2009 and headquartered in Glasgow, Scotland, it has a presence in Europe, the US and Asia. PTSL is one of the fastest growing Automated Test Equipment (ATE) suppliers in the industry with an innovative product offering, experienced technical team, and a diverse customer base across the globe.
Through this partnership, Tikehau Capital will provide PTSL with the operational and strategic support needed to accelerate further international expansion, and to consolidate its market-leading position.