GPEF IV, a private equity firm, completed the acquisition of STT Servis, a metal working shop. Financial terms were not disclosed. “The acquisition of the majority stake seals our joint efforts with the founders, the Ticháček family, to strengthen STT Servis and develop the company dynamically. The selected and strengthened management team will now be responsible for the expansion and further extension of STT Servis’s reputation and goodwill on the market,“ Tomáš Sýkora, Genesis Capital Equity Investment Director.