f.l.t.r.: Marcel Böttcher (Managing Director beBOLD), Felix Binsack (Managing Director TIMETOACT GROUP), Joris Schoor (Managing Director beBOLD)
Cologne/Hamburg, January 20, 2025 – TIMETOACT GROUP, a leading provider of IT services for large enterprises, mid-sized businesses, and public institutions, has acquired beBOLD, an independent consultancy specializing in cloud transformation projects. The two founders and managing directors of beBOLD will continue to lead the company after the transaction and oversee its integration into the TIMETOACT GROUP.
Strengthening Comprehensive and Independent Cloud Consulting:
beBOLD joins TIMETOACT GROUP
Headquartered in Cologne, TIMETOACT GROUP consists of specialized IT companies operating across 30 locations in Germany, Austria, Switzerland, Latvia, Malaysia, Singapore, Spain, Ukraine, Hungary, and the USA. With over 1,350 employees and a comprehensive portfolio of software and consulting services, the group primarily serves mid-sized and large enterprises from the industrial, financial, and service sectors, as well as public institutions.
beBOLD GmbH is a consultancy specializing in cloud transformation and digital innovation, offering independent guidance along the cloud journey. The company places particular emphasis on a holistic approach that combines strategic thinking with technical expertise. Supported by highly skilled and experienced professionals, beBOLD is committed to creating tangible value through cloud projects.
The current founders and managing directors of beBOLD, Joris Schoor and Marcel Böttcher, will continue to lead the company and, together with other TIMETOACT GROUP entities, further develop the group’s consulting portfolio. This merger enables TIMETOACT GROUP to offer a comprehensive, vendor-independent consulting portfolio for the cloud journey. The combination of strategic, independent consulting and specialized implementation resources creates a unique selling point for TIMETOACT GROUP.
The acquisition of beBOLD marks TIMETOACT GROUP’s 11th successful acquisition since Equistone Partners Europe acquired a majority stake in June 2021 and represents another significant step in the group’s growth journey.
TIMETOACT GROUP and beBOLD have already enjoyed a long and very successful collaboration across multiple client projects and various configurations. This collaboration has not only been professionally effective and value-adding but also culturally and personally rewarding. Becoming part of the group feels natural, logical, and seamless. Everyone at beBOLD is excited to welcome our new colleagues!
Joris SchoorFounder and Managing Director of beBOLD“We firmly believe that all our clients will benefit from this step. With TIMETOACT GROUP, we are complementing beBOLD’s offerings with additional experienced experts and proven solutions. For our clients, this means we can now design and deliver all relevant aspects of the cloud journey from a single source,” added Marcel Böttcher, founder and managing director of beBOLD.
With beBOLD, we are not only strengthening our IT strategy consulting capabilities but also providing our clients with the ideal combination of consulting, planning, and implementation for cloud transformation projects. This applies regardless of whether they wish to migrate to AWS, Azure, Google Cloud, or a private Cloud.
Frank FuchsCo-Managing Director of TIMETOACT GROUPThe transaction was led by Frank Fuchs, Christian Koch, and Christian Reifenhäuser on behalf of TIMETOACT GROUP. The group was advised by AC CHRISTES & PARTNER (Financial & Tax), de Angelis Rechtsanwälte (Legal), and McDermott Will & Emery Rechtsanwälte Steuerberater (Legal, Antitrust). The shareholders of beBOLD were advised by GÖRG (Legal) and Mertens Schabow Steuerberatungsgesellschaft Hamburg (Tax).
About TIMETOACT GROUP
TIMETOACT GROUP modernises and integrates IT applications for medium-sized companies and corporations in order to increase their agility, efficiency and transparency. The TIMETOACT GROUP also designs and implements digital business models for innovative customers and opens up new market opportunities for them. The services include: consulting, cloud transformation, data, software and System engineering in the field of employee experience, business applications and customer experience. TIMETOACT GROUP networks its own expertise with partners and leading manufacturers to develop tailor-made solutions for customers – including software selection, consulting and licensing. TIMETOACT GROUP includes the IT companies ARS, brainbits, catworkx, CLOUDPILOTS, IPG, novaCapta, PKS, synaigy, TIMETOACT, Walldorf Consulting and X-INTEGRATE. Together, they employ over 1,350 people at 30 locations in Germany, Austria and Switzerland, as well as in Latvia, Malaysia, Singapore, Spain, Ukraine, Hungary and the USA. Further information can be found at https://timetoact-group.com/
About beBOLD
beBOLD is a consulting firm specializing in cloud transformation and digital innovation. The company offers a wide range of services in cloud strategy and migration, focusing on a holistic approach that combines strategic thinking with technical expertise. Additionally, beBOLD excels in areas such as cloud security, regulatory compliance, organizational restructuring, and the development of comprehensive governance models - ensuring cloud usage that is practical, secure, and compliant.
https://www.be-bold.today
Press contact at TIMETOACT GROUP:
Thomas Berscheid
thomas.berscheid@timetoact-group.com