Goodwin advised TIMETOACT GROUP (“TIMETOACT”), a portfolio company owned by the Equistone Fundson the financing aspects in connection with its sale to H.I.G. Capital.
TIMETOACT is a leading IT services provider, specializing in cloud platforms and digital solutions for enterprise, Fortune 1000, and public sector clients. The company drives digital innovation and operational excellence by advising on IT strategy, accelerating cloud transformation, and leveraging AI, data, software, and system engineering to develop cutting-edge solutions.
Equistone is an independent investment firm, which operates across Benelux, France, Germany, Switzerland and the UK, investing as a strategic partner alongside management teams. In each market the company looks for strong businesses with the potential to grow, supported by Equistone’s capital and guided by its experience.
Since the Equistone Funds invested in the business in 2021, TIMETOACT has acquired eleven businesses as part of an international buy-and-build strategy focused primarily on building out its service offering, consolidating its position in the DACH region and expanding into the US market.
Goodwin’s transaction team was led by partner Winfried M. Carli and Folko Moroni and included associates Daniel Wagner and Rebecca Stöcklein (Finance/Private Equity, Munich).