Goodwin has advised Equistone-backed TIMETOACT GROUP on the financing of its acquisition of STAGIL, one of Germany's largest Atlassian Platinum and Enterprise Solution Partners.
Based in Cologne, TIMETOACT GROUP modernises and integrates IT applications for upper medium-sized companies and corporations in order to increase their agility, efficiency and transparency. The acquisition represents a further expansion of TIMETOACT GROUP’s consulting portfolio into the leading Atlassian partner in German-speaking countries, following the recent acquisition of brainbits, which Goodwin also advised upon.
Equistone Partners Europe are among the most active European private equity investors with a team of more than 40 investment professionals operating from seven offices in Germany, Switzerland, the Netherlands, France and the UK.
The Goodwin team included Partner Winfried M. Carli and associate Daniel Wagner (both Finance/Private Equity, Munich).
For further information please see press release here.