FTI Capital Advisors Assists Forming Strategic Joint Venture with Bespin Global

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."

About FTI Capital Advisors, LLC
FTI Capital Advisors ("FTICA") is a global boutique middle market investment bank that specializes in M&A, capital raising, valuation and opinions, and special situations mandates across targeted industry sectors - including deep credentials in the telecoms, technology, media and entertainment sector, as well as in the energy, healthcare, and industrial sectors. Backed by the power of FTI Consulting's worldwide network of professionals, FTICA combines deep industry expertise with investment banking and transaction execution experience to deliver value-enhancing outcomes for our clients. FTI Capital Advisors is the wholly-owned investment banking subsidiary of FTI Consulting, Inc. (NYSE: FCN).

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 7,700 employees located in 31 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $3.03 billion in revenues during fiscal year 2022. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
200 Aldersgate
Aldersgate Street
London EC1A 4HD
United Kingdom
+44 20 3727 1000

Investor Contact: Mollie Hawkes
+1.617.747.1791
[email protected]

Media Contact: Helen Obi
+44.20.7632.5071
[email protected]

Source: FTI Consulting, Inc.

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