Onepoint acquires Rennes-based technology consultancy Timwi
Paris-headquartered digital transformation consultancy Onepoint has acquired Rennes-based digital architecture firm Timwi Consulting – a two-pronged strategic move that enhances Onepoint’s tech offering and gives it a strong presence in Western France.
A merger of two rapidly growing forces: Onepoint is a 2,500-strong global operation, with a solid presence across France – topped off with offices in Amsterdam, Brussels, New York, Montreal, Melbourne, Sydney, Singapore and other key urban centres worldwide.
The firm has high ambitions for its end-to-end digital transformation offering – with a target of growing its current €300-million turnover to €1 billion in the next four years. Timwi Consulting’s healthy and growing 30-strong operation across Rennes, Paris and Nantes fits in well with this ambition.
“With the acquisition of Timwi, we are accelerating in an area of expertise essential to support major transformations,” explained Onepoint founder and president David Layani – referring to Timwi’s specialised expertise in business architecture, API management and Agile methodologies – among other key fields.
“We build joint ventures with our clients around innovative products and services, which combine business use and tech bricks. All designed together with the appropriate architecture so that data, AI, and the cloud play their role of business accelerators.”
“It is this ability to fulfill our role as an architect in all areas that will enable onepoint to become the European leader in the transformation of businesses and public actors.”
And Timwi is a strong performer too: the firm recorded 7% growth in turnover last year – despite the pandemic – to reach €3.9 million, and has since charged on to nearly €5 million. Launched in 2006, Timwi has served some of France’s top businesses across sectors – including Les Mousquetaires, Bessé, Maisons du World, Yves Rocher and Groupe Legendre, among others.
Specialised expertise and a strong brand name aside, Timwi also offers Onepoint geographical value in Western France – a core focus area for Onepoint in the next few years. In fact, the firm is launching a targeted surge in the vibrant region – with plans to create over 1,500 jobs in the west in the near future.
For Timwi, the move is a chance to join a global operation that is going from strength to strength: Onepoint has clocked a tenfold jump in turnover over the last decade – powered by several acquisitions including the 2018 bolt-on of Paris-based professional services firm Weave for €120 million.
“Joining Onepoint is the opportunity to accelerate by benefiting from the power of Onepoint both in France and internationally and to offer great prospects and opportunities for our talents, for our customers and for the region, to whom we are very attached,” concluded Timwi president Jean-François Denis.