TIMETOACT GROUP (Equistone-backed) Acquires beBOLD GmbH

Equistone Partners Europe Acquires Majority Stake in TIMETOACT GROUP

May 7, 2021

IT Services

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.

H.I.G. Capital Makes Strategic Investment in TIMETOACT GROUP

March 3, 2025

IT Services

H.I.G. Capital affiliate has signed a definitive agreement to make a strategic growth investment in TIMETOACT GROUP. TIMETOACT's founders and key leadership will reinvest and retain a significant ownership stake as H.I.G. partners with management to accelerate the company's geographic expansion and service offering growth across cloud, AI, data and software engineering.

TIMETOACT GROUP Acquires PKS Software GmbH

January 19, 2022

IT Services

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.

TIMETOACT GROUP Acquires OpenAdvice IT Services GmbH

September 30, 2022

IT Services

TIMETOACT GROUP has acquired OpenAdvice IT Services GmbH, a specialist in application performance monitoring and business service assurance, consolidating an existing IBM partner relationship. The deal strengthens TIMETOACT GROUP's managed-services and monitoring capabilities and brings OpenAdvice's leadership (Jeanette and Markus Fürst) into the TIMETOACT shareholder group; financial terms were not disclosed.

TIMETOACT GROUP acquires STAGIL

July 6, 2023

IT Services

TIMETOACT GROUP has acquired STAGIL, a leading German Atlassian Platinum and Enterprise Solution Partner, and will integrate it into its catworkx brand. STAGIL's CEO and co-founder Björn Frauen will become Co-Managing Director of catworkx Germany and a shareholder in TIMETOACT GROUP; financial terms were not disclosed.

TIMETOACT GROUP Acquires brainbits

June 23, 2023

IT Services

TIMETOACT GROUP has acquired Cologne-based web-application specialist and Atlassian Platinum Solution Partner brainbits. brainbits will be integrated under the catworkx brand, will continue to be led by Sascha Emondts and Patrick Schuh (who will become shareholders in TIMETOACT GROUP), and the deal expands TIMETOACT GROUP's Atlassian consulting and web-application capabilities in the DACH region.