d²X announces the integration of consulting firm TIMSPIRIT, thus consolidating its position as Europe's leading independent consulting firm dedicated to managing digital transformations and major programs.
Founded in 2009, d²X Expertise has developed a range of services designed to help IT organizations secure their commitments and succeed in their transformations. Over the past ten years, the company has succeeded in developing a unique positioning centered around project management (83% of sales), service management (14% of sales) and major contract management (3% of sales). In 2020, the group announced a 3-stream "One Stop Shop" strategic plan:
With the entry of Bpifrance and Garibaldi Participations into the Group's capital at the end of 2021, the Group has acquired a comprehensive set of resources for the successful execution of this plan. A first major milestone was reached in 2022 with the successful integration of Phinest in Belgium.
Since its creation in 2007, TIMSPIRIT has established itself as a key player in the consulting field, supporting the CIOs of major accounts in their strategic operations, with a positioning focused on four areas:
TIMSPIRIT has built up recognized expertise, generating sales of €10 million, mainly in France, with key accounts in the public and private sectors. Shared values, clearly complementary positioning and the alignment of management teams on a common project were decisive factors in the success of this operation.
The deal involves d²X acquiring a majority stake in TIMSPIRIT, and welcoming its two founders to the partners' table and to the group's management committee. It will enable :
With sales of €35 million to large accounts, over 250 consultants, and international and consulting activities each accounting for over a third of sales, the group now has all the ingredients to become the European leader in its field.
Bernard de Balmann and Anthony Dubost, founders and directors of the d²X Group, say: "TIMSPIRIT is among the finest independent consulting firms in the market. During the journey we have made together since spring 2024, we realized that we shared a set of strong values with Renaud and Jérôme. Together, we decided to serve the same ambition, which goes far beyond a partnership of fine companies."
Renaud Brosse and Jérôme Houry, founders of TIMSPIRIT, add: "The complementarity of our know-how and positioning is obvious. d²X's commercial and financial maturity, as well as its geographical reach, will help us deploy a unique value proposition together."
In this strategic merger, the d²X partners are delighted to have been able to count on the support and guidance of investors Bpifrance and Garibaldi Participations, and their long-standing banking partner, Banque Populaire AURA.
Pierre-Antoine Ruyssen, investor at Garibaldi Participation, comments: "We are delighted that d²X is pursuing its external growth strategy to further develop the group's expertise. This merger between two management teams sharing common values will enable the group to strengthen its geographical presence in Paris and diversify its offering."
Stéphanie Baure, BPAURA corporate account manager: "The d²X group has always shown dynamism since its creation. As a long-standing banking partner, BPAURA is proud to support the group in its growth and development strategy. This new partnership positions the group as a leader in its market.
Alexandre Royant, co-financing business manager at Bpifrance: "Bpifrance is delighted to support the d²X group in its dynamic and ambitious development. This strategic alliance with TIMSPIRIT makes sense and augurs well for future synergies.
To learn more about TIMSPIRIT : https://timspirit.fr/