H.I.G. Capital Announces Strategic Investment in TIMETOACT GROUP
- Editor
- Mar 3
- 1 min read
Whats Happening:
H.I.G. Capital, a global alternative investment firm with $67 billion in capital under management, has signed a definitive agreement to make a strategic investment in TIMETOACT GROUP, a leading IT services provider based in Cologne, Germany. TIMETOACT's founders and key leadership team will reinvest alongside H.I.G., maintaining a significant ownership interest in the company.
Key Moves:
H.I.G. Capital signs agreement to invest in TIMETOACT GROUP
TIMETOACT's founders and leadership team to reinvest alongside H.I.G.
H.I.G. to support TIMETOACT's long-term growth and expansion
By The Numbers:
H.I.G. Capital manages $67 billion in capital
TIMETOACT employs over 1,400 professionals across 22 cities
TIMETOACT generated over €360 million in revenues in 2024
Key Quotes:
"TIMETOACT has experienced tremendous growth and success in recent years, more than tripling its revenue and earnings since 2022." - Felix Binsack, CEO of TIMETOACT
"We have been very impressed with TIMETOACT's strong growth trajectory, deep expertise in high-growth technology ecosystems, and unwavering commitment to innovation." - Nishant Nayyar, Managing Director at H.I.G.
"H.I.G.'s experience in partnering with founder-led businesses will be instrumental in helping the Company's management team accelerate the expansion of TIMETOACT." - Markus Noe-Nordberg, Managing Director at H.I.G.
Bottom Line:
H.I.G. Capital's strategic investment in TIMETOACT GROUP represents a significant opportunity for both parties. The partnership aims to leverage H.I.G.'s global network and expertise in IT services to support TIMETOACT's long-term growth and expansion. This move aligns with H.I.G.'s strategy of investing in high-growth technology companies and reinforces its presence in the European market.
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