Steadfast Capital GmbH acquired a stake in Wilvo Group, a Dutch processor of precision sheet metals and assembler of light construction parts.
Terms of the deal were not disclosed.
The private equity firm, which focuses on medium-size businesses within German-speaking Europe and Benelux countries, plans to support Wilvo's expansion and ongoing strategic development.
Louis Vosters, a member of Wilvo's founding family, continues to own a significant interest in the group, according to a release.
ABN Amro and Robeco-managed Bedrijfsleningenfonds (Dutch Loan Fund) provided debt financing for the transaction.