Announced
Completed
Financials
Tags
IT Services: Other
Acquisition
Single Bidder
Germany
Friendly
Private
Cross Border
Completed
it consulting
Private Equity
software services
Majority
Synopsis
Equistone Partners, a private equity firm, completed the acquisition of a majority stake in TIMETOACT GROUP, a provider of IT consultancy and services. Financial terms were not disclosed. "We were looking for a reliable and financially strong partner, who can support us strategically during future growth phases, both organically and through acquisitions, while taking into account our unique company culture. With Equistone, we have found such a partner," Felix Binsack, TIMETOACT GROUP CEO.
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