Equistone Partners Europe Acquires Majority Stake in TIMETOACT GROUP
May 7, 2021
Funds advised by Equistone Partners Europe have acquired a majority stake in TIMETOACT GROUP, a Cologne-based IT consultancy and services provider. The TIMETOACT founders Felix Binsack and Hermann Ballé will remain as managing directors and retain a significant stake while Equistone will support the group's buy-&-build growth strategy.
- Buyers
- Equistone Partners Europe
- Targets
- TIMETOACT GROUP
- Sellers
- Felix Binsack, Hermann Ballé
- Industry
- IT Services
- Location
- North Rhine-Westphalia, Germany
- Transaction Type
- Buyout
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