FTI Capital Advisors Assists e& on Forming a Strategic Joint Venture with Bespin Global
Dubai, 7 June 2023 — FTI Consulting, Inc. (NYSE: FCN) today announced that its wholly-owned investment banking subsidiary, FTI Capital Advisors DIFC Limited ("FTICA"), acted as financial advisor to Emirates Telecommunications Group Company PJSC ("e& enterprise") on its agreement with Bespin Global, a South Korean-based multi-cloud solutions provider, to form a joint venture (“JV”) called Bespin Global MEA. The company will provide public cloud managed and professional services in the Middle East, Turkey, Africa and Pakistan (“METAP”).
The JV between e& enterprise and Bespin Global will leverage the existing capabilities and customer relationships of both companies to support businesses across the METAP region in their digital transformation journey.
Fede Membrillera, Senior Managing Director, Global Co-Leader of FTI Capital Advisors and Global Leader of FTICA’s Telecom, Media & Technology practice, commented: "Through this agreement, e& enterprise will further strengthen its strategic ambition to play a key leading long-term role in the cloud solutions space.”
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Source: FTI Consulting, Inc.