Tikehau Capital, an alternative asset manager, has acquired a minority stake in Probe Test Solution Limited, a semiconductor probe card manufacturer.

PTSL designs and manufactures probe cards. The company has a presence in Europe, the U.S. and Asia. The investment was made using Tikehau Capital’s pan-European growth impact private equity strategy, which is focused on providing partnership capital to high-growth, purpose-led companies that are critical to the resilience of the European economy. The $30 million investment will support the company in its next phase of growth and development. Tikehau plans to provide PTSL with operational and strategic support to expand the company.

 “We are delighted to partner with PTSL as it embarks on its next chapter of growth,” says Corinne Philipps, head of U.K. private equity activity for Tikehau Capital. “The company’s differentiated business model has enabled it to carve out a solid position in a rapidly growing market. We look forward to working with Jordan and the wider PTSL team, leveraging our expertise and presence in key global markets to accelerate its international expansion and to help them execute their transition to being an industry benchmark on sustainability.”