Private Equity

Tiyo a.s.

Description of investment

Tiyo is a leading provider of research, development and testing services to a variety of industries. Tiyo provides its services to more than 275 customers mainly in Europe, building on a 30-year history under various brand names.

Investment statusActive
Year of entry2023
Investment typeManagement buy-out
Why did we invest?
  • Tiyo, with its technological background and the range of professional services offered, is one of the leading domestic companies in the field of testing and development in many industries, especially in mechanical and electrical engineering. It thus achieves above-average profitability in the sector.
  • The company has sufficient demand for its test programme, which already exceeds its current and newly invested capacity. The company thus has a clearly identified growth potential.
  • The management team has deep technological knowledge and thanks to understanding the needs of the market and continuous innovation, the company has been able to successfully develop and expand its range of services over the long term. Following the acqusition by BHS PE Fund, the management team is now involved in the management of the company not only as managers but also as co-investors.