Announced
Synopsis
HIG Capital, a global alternative investment firm, agreed to acquire a minority stake in TIMETOACT GROUP, an IT services provider specializing in cloud platforms and digital solutions, from Equistone, an independent investment firm specialized in middle-market. Financial terms were not disclosed. “TIMETOACT has experienced tremendous growth and success in recent years, more than tripling its revenue and earnings since 2022. H.I.G. is fully aligned with the management team on the Company’s future growth strategy. We are excited about the opportunities that H.I.G.’s experience and broad network offer us,” Felix Binsack, TIMETOACT CEO.
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