PTSL 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.
Tikehau Capital’s investment is made via its pan-European growth impact private equity strategy.
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.
Eight Advisory UK provided buyside financial and tax due diligence services.
The financial team consisted of Alison Harutunian, Dan Howling and Adelaide Hippert.
The tax team consisted of Dean Lake, Caley Mogg, Tom Sykes and Shivani Maru.