Timetoact Group, a Cologne, Germany-based provider of IT services for medium-sized companies, corporations and public institutions, is acquiring Stagil, one of Germany’s largest Atlassian Platinum and Enterprise Solution Partners.
The amount of the deal was not disclosed.
The acquisition represents a further expansion of Timetoact Group’s consulting portfolio, managed under the catworkx brand, into a leading partner in German-speaking countries. Björn Frauen, Stagil’s CEO and Co-Founder, will become Co-Managing Director of catworkx Germany and a shareholder in Timetoact Group.
As a certified Atlassian Platinum Enterprise Solution Partner, Stagil supports companies with the introduction and use of Atlassian products such as Jira, Confluence and Bitbucket. Specialising in agile product development, service management, project management and process digitisation, the company has a track record of working with companies from a diverse range of sectors, including automotive, automation, finance, insurance, production, e-commerce, IT service & operations and software development. Its portfolio ranges from requirements analysis for concept and design to configuration, implementation, integration and custom app development, as well as training and daily support.
Timetoact Group modernises and integrates IT applications for upper medium-sized companies and corporations in order to increase their agility, efficiency and transparency. The 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 includes the IT companies ARS, brainbits, catworkx, CLOUDPILOTS, IPG, novaCapta, PKS, synaigy, target Software Solution, TIMETOACT, Walldorf Consulting and X-INTEGRATE. Together they employ around 1,100 people at 17 locations in Germany, Austria and Switzerland, in service hubs in Latvia, Malaysia and Singapore and in a sales hub in the USA.
catworkx is one of the largest Atlassian Platinum and Enterprise Solution Partners in the DACH region, with locations in Germany (Hamburg, Cologne, Stuttgart, Munich), Austria (Vienna) and Switzerland (Winterthur, Lucerne), which is 100 percent specialised in Atlassian solutions.
FinSMEs
07/07/2023