FTI Consulting, Inc. has recently announced that its subsidiary, FTI Capital Advisors (DIFC) Limited (“FTICA Dubai”), has played a pivotal role in advising e& enterprise on a significant acquisition. E& enterprise, the digital transformation division of e&, has reached a binding agreement to acquire 100% of GlassHouse, a prominent cloud and SAP infrastructure services provider. The sellers in this deal include Mediterra Capital and an individual shareholder.
GlassHouse boasts an impressive operational footprint across Turkey, South Africa, and Qatar, catering to a diverse clientele that spans various sectors such as banking, technology, and the public sector. This acquisition marks a strategic move for e& enterprise as it continues to expand its influence and capabilities in the digital transformation landscape.
The acquisition of GlassHouse aligns with e& enterprise’s vision to enhance its service offerings in cloud and SAP infrastructure services. GlassHouse’s established presence in key markets and its robust portfolio of services make it a valuable addition to e& enterprise’s existing capabilities. This move is expected to bolster e& enterprise’s competitive edge and enable it to better serve its customers across different sectors.
FTI Capital Advisors (DIFC) Limited, based in Dubai, served as the financial advisor to e& enterprise throughout the acquisition process. Their expertise and guidance were instrumental in navigating the complexities of the deal, ensuring a smooth and successful transaction. FTI Consulting, Inc.’s global reputation and extensive experience in financial advisory services further underscore the significance of their involvement in this high-profile acquisition.
This acquisition is poised to have a considerable impact on the market, particularly in the regions where GlassHouse operates. By integrating GlassHouse’s capabilities, e& enterprise is expected to enhance its service delivery and expand its customer base. This move also reflects the growing trend of consolidation in the technology and digital transformation sectors, as companies strive to strengthen their market position and drive innovation.
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