Latham & Watkins LLP has advised Equistone Partners Europe (Equistone) and further shareholders on the sale of TIMETOACT GROUP, a leading IT services provider, specializing in cloud platforms and digital solutions for enterprises, Fortune 1000, and public sector clients, to H.I.G. Capital, a leading global alternative investment firm. The transaction is subject to regulatory approvals.
The Latham team was led by Munich corporate partners Burc Hesse and Stephan Hufnagel, with associates Julia Schöfer, Manuel Schmutzler, and Christopher Maier. Advice was also provided on tax matters by Munich partner Ulf Kieker, with associate Manuela Minsel; on corporate/IP matters by Frankfurt partner Susan Kempe-Müller; on employment matters by Munich counsel Florian Dehmel, with associate Martina Hölzer; and on regulatory matters by Frankfurt counsel Joachim Grittmann.
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