H.I.G. Capital Announces Strategic Investment in TIMETOACT GROUP, Boosting Digital Solutions

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

H.I.G. Capital, a well-respected global alternative investment firm with $67 billion in assets under management, recently disclosed its strategic investment in the TIMETOACT GROUP. This move marks a crucial moment for both the investor and the company, underscoring the potential for growth and technological advancement in the digital services sector.

In a definitive agreement, one of H.I.G.'s subsidiary firms has committed to invest significantly in TIMETOACT, which is headquartered in Cologne, Germany. The founders, including Felix Binsack, Hermann Ballé, and Frank Fuchs, will also reinvest a substantial amount, reflecting their continued commitment to the company’s promising future.

TIMETOACT has established itself as a premier IT service provider, specializing in cloud platforms and digital solutions tailored for Fortune 1000 companies and public sector clients. Their expertise includes cloud transformation, AI integration, data management, software, and system engineering services, enabling organizations to leverage these technologies effectively.

Employing over 1,400 professionals across 22 locations throughout Germany, Austria, and Switzerland, alongside service hubs in Central Europe and Southeast Asia, TIMETOACT is well-positioned for further expansion and innovation. The company also has subsidiaries in Spain and the USA, contributing significantly to its international presence.

Felix Binsack, the managing director of TIMETOACT, expressed excitement about this new phase, noting that the company has tripled its revenue and profits since 2022. With H.I.G. on board, the management team is optimistic about future growth strategies. Binsack stated that “the experience and extensive network of H.I.G. will provide invaluable opportunities for our continued success.”

Nishant Nayyar from H.I.G. praised TIMETOACT’s impressive growth trajectory and its deep expertise in lucrative tech ecosystems. “We are keen to collaborate with Felix, Hermann, and Frank to accelerate the next phase of the company’s expansion,” he added, highlighting the firm’s focus on innovation and performance.

Markus Noe-Nordberg, who leads H.I.G.'s European LBO team, emphasized their eagerness to support TIMETOACT in achieving accelerated growth. The transaction, pending customary legal and regulatory approvals, is set to finalize later this year, marking an exciting turn for all parties involved.

About TIMETOACT GROUP

TIMETOACT stands at the forefront of IT services, focusing on cloud solutions and digital transformations for both major corporations and governmental entities. Their role as strategic partners for tech giants like AWS, Atlassian, Google, Microsoft, IBM, and SAP showcases their commitment to enhancing client capabilities. By designing and implementing innovative digital business models, TIMETOACT helps clients navigate new market opportunities while continually optimizing their digital solutions for long-term success. In 2024, the company reported exceptional revenues exceeding 360 million euros, demonstrating solid growth. More information is available at their website: timetoact-group.com.

About H.I.G. Capital

Established in 1993, H.I.G. Capital is recognized globally as a leading alternative investment firm. Based in Miami with numerous offices across the United States and Europe, H.I.G. specializes in providing both equity and debt capital to small and mid-sized companies. The firm's extensive portfolio includes over 400 investments, employing a value-added approach that enhances operational performance. To learn more about H.I.G. Capital’s investment philosophy, visit hig.com.

This strategic partnership is poised to set the stage for TIMETOACT’s next chapter, aligning with H.I.G.'s vision of fostering growth through innovation in the digital age.