One person has been transported to an out-of-region hospital with serious injuries after a stabbing in Cambridge.

In a tweet, Waterloo regional police said there would be an increased police presence in the area of Main Street and Wellington Street on Monday night where the incident occurred.

Police say they were called to the area around 6 p.m. for reports of a stabbing outside a business.

Two people were involved in an altercation that led to one getting stabbed, police said.

A 27-year-old suffering serious, but non-life-threatening, injuries.

On Tuesday morning, Waterloo Regional Police Service released images a male they were looking to identify in connection to the incident.

Late Tuesday afternoon, police said they had one person in custody.