TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

(IN BRIEF) TIMETOACT GROUP has acquired beBOLD, a consulting firm specializing in cloud transformation and digital innovation, marking another step in its strategy to expand its capabilities in cloud consulting. The acquisition strengthens TIMETOACT GROUP’s position in providing end-to-end cloud solutions, from strategy development to implementation, and contributes to the group’s growth in the digital transformation sector.

(PRESS RELEASE) LONDON, 21-Jan-2025 — /EuropaWire/ — TIMETOACT GROUP, a leading provider of IT services to mid-sized businesses, corporations, and public institutions, has announced the acquisition of beBOLD, an independent consulting boutique specializing in cloud transformation projects. This acquisition marks TIMETOACT GROUP’s first acquisition of 2025 and the eleventh since the Equistone funds acquired a majority stake in the company.

Headquartered in Cologne, Germany, TIMETOACT GROUP operates specialized IT companies across 30 locations in Germany, Austria, Switzerland, Latvia, Malaysia, Singapore, Spain, Ukraine, Hungary, and the USA. With a workforce of over 1,350 employees, the company offers a comprehensive portfolio of software and consulting services, primarily targeting medium- to large-sized businesses in the industrial, financial, and service sectors, as well as public institutions.

Since Equistone Partners Europe acquired a majority stake in TIMETOACT GROUP in June 2021, the company has aggressively pursued a buy-and-build strategy to strengthen its service offerings and enter new market segments. In December 2024, the group completed the acquisition of EverIT, a Hungarian-based IT firm, through its portfolio company catworkx, enhancing its global Atlassian service capabilities. That same month, the acquisition of JOIN(+) expanded TIMETOACT GROUP’s expertise in Big Data and AI. The latest addition of beBOLD further enriches the group’s capabilities in holistic and independent cloud consulting, marking another significant step in its ongoing growth strategy.

beBOLD GmbH, based in Hamburg, is a fast-growing consultancy that focuses on cloud transformation and digital innovation. Offering independent, strategic guidance at every stage of the cloud journey, beBOLD combines deep technical expertise with a holistic approach to drive digital transformation. The company’s founders, Joris Schoor and Marcel Böttcher, will continue to lead beBOLD, collaborating closely with the broader consulting portfolio to further enhance TIMETOACT GROUP’s service offerings.

Joris Schoor and Marcel Böttcher, founders and CEOs of beBOLD, shared their excitement about the acquisition: “Our long-standing partnership with TIMETOACT GROUP has been extremely successful, both professionally and personally. Joining the group feels like a natural next step for us. It gives us access to more expertise and business relationships, and allows us to expand our services to offer comprehensive cloud solutions—from strategy to implementation—all under one roof.”

Frank Fuchs, co-managing director of TIMETOACT GROUP, added, “By acquiring beBOLD, we significantly enhance our IT strategy consulting business. Together with our existing portfolio, we can now offer end-to-end support for cloud transformation projects, whether our customers are migrating to AWS, Azure, Google Cloud, or private cloud environments.”

Moritz Treude, Partner at Equistone Partners Europe’s Munich office, commented on the acquisition: “The integration of beBOLD is a key milestone in TIMETOACT GROUP’s strategy, cementing its position as a global leader in independent cloud and digital transformation consulting. This acquisition demonstrates our ongoing commitment to expanding the group’s service portfolio and building long-term partnerships.”

TIMETOACT GROUP’s transaction team, including Frank Fuchs, Christian Koch, and Christian Reifenhäuser, managed the acquisition process. The company was advised by AC CHRISTES & PARTNER (Financial & Tax), de Angelis Rechtsanwälte (Legal), and McDermott Will & Emery Rechtsanwälte Steuerberater (Legal, antitrust law). beBOLD’s shareholders were advised by GÖRG (Legal) and Mertens Schabow Steuerberatungsgesellschaft Hamburg (Tax).

Media Contact:

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SOURCE: Equistone

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