CMS advised the shareholders of IPG Group on the sale to TIMETOACT

TIMETOACT Group with headquarters in Cologne has acquired the majority of the shares in IPG Information Process Group Holding AG with registered office in Winterthur. This transaction results in the leading supplier of identity-, access-, and governance solution in the DACH region with 130 employees.

The TIMETOACT Group comprises eleven entities with 600 employees at 13 locations in Germany, Austria and Switzerland. The group offers services in the fields of digital workplace, business process integration & automation, mathematical optimization, data warehouse & governance, business intelligence and predictive analytics, identity & access governance as well as commerce and customer experience. TIMETOACT mainly serves medium-sized and large industrial and services entities and public authorities.

The IPG Group specializes on the conception, integration, operation and education of IAM-solutions. The entity, founded in Winterthur in 2001, offers solutions for comprehensive protection of user data as well as access rights, also through its subsidiaries in Germany and Austria. Its customers include entities of all sectors as well as public authorities. Following the transaction, IPG will continue to be operated independently and will substantially increase its activities in Germany. In addition, more than 40 IAM experts of TIMETOACT will complement the IPG team.

A team of CMS led by Stefan Brunnschweiler has comprehensively advised the shareholders of IPG on all legal matters of this transaction.

CMS Switzerland

• Stefan Brunnschweiler, Partner, Corporate/M&A
• Franziska Hammer, Counsel, Corporate/M&A
• Florian Jung, Associate, Corporate/M&A
• Mark Cagienard, Partner, Tax