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

TIMETOACT GROUP (Equistone-backed) Acquires beBOLD GmbH

January 21, 2025

IT Services

TIMETOACT GROUP, a Cologne-headquartered IT services group backed by Equistone Partners Europe, has acquired Hamburg-based cloud transformation consultancy beBOLD GmbH. The add-on deal strengthens TIMETOACT's cloud consulting and digital-transformation capabilities as part of its ongoing buy-and-build strategy; beBOLD's founders will remain in leadership roles.

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 Invests in ThoughtFocus

November 2, 2022

IT Services

H.I.G. Capital (through an affiliate) completed a growth investment in ThoughtFocus, a U.S.-headquartered provider of digital services and technology-enabled operations serving primarily the financial services sector. The capital will support ThoughtFocus’s continued growth, expansion of services and solutions, and further development of its global delivery capabilities.

H.I.G. Capital Acquires Hibu Group (USA), Inc.

March 26, 2021

Marketing & Advertising

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Hibu Group (USA), Inc., a Cedar Rapids–based provider of integrated digital marketing services for small and medium-sized businesses. H.I.G. said the investment will support Hibu's next phase of growth and product innovation; the seller is Hibu Group Limited (UK).

TIMETOACT GROUP Acquires WCA Walldorf Consulting AG and target Software Solution GmbH

February 1, 2023

IT Services

TIMETOACT GROUP has acquired WCA Walldorf Consulting AG and target Software Solution GmbH to expand its cloud-based SAP consulting and solution capabilities. The two businesses will remain led by their existing management teams, and WCA’s former board members will become shareholders in TIMETOACT GROUP; financial terms were not disclosed.

H.I.G. Capital Makes Growth Investment in Cleo Communications

June 9, 2021

Cloud & SaaS

H.I.G. Capital made a significant growth investment in Cleo Communications, a Rockford, Illinois–headquartered provider of ecosystem integration SaaS; terms were not disclosed. The investment will support Cleo's continued product development and market expansion as the company scales its Cleo Integration Cloud platform across manufacturing, wholesale & distribution, and logistics end-markets.