TIMETOACT GROUP Acquires PKS Software GmbH

January 19, 2022

TIMETOACT GROUP, a Cologne-based IT services group backed by Equistone Partners Europe, has acquired PKS Software GmbH, a Ravensburg-based software transformation specialist. The acquisition is an add-on to TIMETOACT's buy-and-build strategy to expand its legacy modernization, maintenance and transformation capabilities; PKS's management will remain in place and one director is reinvesting in TIMETOACT.

Buyers
TIMETOACT GROUP, Equistone Partners Europe
Targets
PKS Software GmbH
Platforms
TIMETOACT GROUP
Industry
IT Services
Location
Baden-Württemberg, Germany
Transaction Type
Addon

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