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New Deal


Announced

Completed

e& Enterprise completed the acquisition of a minority stake in Bespin Global for $100m.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

cloud management

Completed

Single Bidder

IT Services: Other

Friendly

South Korea

Private

Cross Border

Synopsis

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e& Enterprise, a digital services provider, completed the acquisition of a minority stake in Bespin Global, a leading cloud MSP, for $100m. "By combining forces with e& enterprise in the METAP region, we are bringing much needed cloud managed services to the region where cloud adoption is about to explode. e& enterprise has deep customer relationships and the trust of its customers and Bespin Global has the deep cloud management capabilities. Together, we can accelerate cloud adoption in the region. Additionally, we welcome e& as our shareholder. It's a clear validation of our track record as a trusted cloud managed services provider on the global stage," John HanJoo Lee, Bespin Global CEO and Co-Founder.

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