Onepoint acquires Rennes-based expertise consultancy Timwi
Paris-based digital transformation consultancy Onepoint has taken over Rennes-based digital architecture firm Timwi Consulting – a two-pronged strategic move that improves Onepoint’s technology offering and gives it a strong presence in western France.
A merger of two rapidly growing forces: Onepoint is a 2,500-strong global company with a solid presence throughout France – rounded off by offices in Amsterdam, Brussels, New York, Montreal, Melbourne, Sydney, Singapore and other major urban centers around the world.
The company has high ambitions for its end-to-end offering for digital transformation – with the aim of increasing its current turnover from 300 million euros to 1 billion euros in the next four years. Timwi Consulting’s healthy and growing 30-strong company in Rennes, Paris and Nantes fits in well with this goal.
“With the takeover of Timwi, we are accelerating in a field that is essential for supporting large-scale transformations,” explained Onepoint founder and President David Layani – referring to Timwi’s specialized expertise in business architecture, API management and agile methods – among other fields .
“We are building joint ventures with our customers around innovative products and services that combine business use and technology modules. Everything designed together with the right architecture so that data, AI and the cloud play their role as business accelerators. “
“It is this ability to fulfill our role as an architect in all areas that will enable onepoint to become a European leader in the transformation of companies and public actors.”
And Timwi is also a strong performer: Despite the pandemic, the company recorded sales growth of 7% to 3.9 million euros last year and has since increased almost 5 million euros. Timwi was founded in 2006 and has served some of the leading French companies in all sectors – including Les Mousquetaires, Bessé, Maisons du World, Yves Rocher and Groupe Legendre, among others.
Apart from specialized know-how and a strong brand name, Timwi also offers the geographical value of Onepoint in western France – a focus area for Onepoint in the next few years. In fact, the company is starting a targeted upswing in the vibrant region – with plans to create over 1,500 jobs in the west in the near future.
For Timwi, the change is an opportunity to become part of a global company that is getting stronger and stronger: Onepoint has recorded a ten-fold increase in sales over the past ten years – driven by several acquisitions, including the expansion of the Paris-based Professional Services company in 2018 Weave for 120 million euros.
“Joining Onepoint is the opportunity to use the capabilities of Onepoint to accelerate both in France and internationally and to offer our talents, our customers and the region, to which we are very attached, great perspectives and opportunities,” said the President of TImwi Jean-François Denis