German firm Perusa Partners has invested in Trans-Logo-Tech, a Stuttgart-based company that offers logistics services, consulting and interior components for the automotive industry.
The investment, the size of which remains undisclosed, came from Perusa Partners Fund 2.
With a 14-year duration, Perusa's longer-term second fund is in a unique position to support businesses through crisis situations and growth financing.
The fund reached a first and final close on €207m in December after only three months on the road.