e& enterprise, the digital transformation arm of e&, has completed its $60 million acquisition of GlassHouse, a Türkiye-based provider of managed cloud, business continuity, and SAP infrastructure services.
The acquisition, first announced in June, enhances e& enterprise’s capabilities in private cloud and managed services by adding SAP capabilities and expertise in the banking and financial services sector. GlassHouse’s knowledge in this area will support e& enterprise’s offerings.
“We are thrilled to welcome GlassHouse into the e& enterprise ecosystem as we continue to bolster our value proposition by reinforcing our capabilities, adding vertical expertise, and expanding into high-growth markets,” said Salvador Anglada, CEO, e& enterprise. “This acquisition is another bold step in our journey to becoming a regional leader in end-to-end digital transformation.”
This move marks a step in e& enterprise’s international growth strategy, following market entries into Saudi Arabia in 2019, Egypt in 2023, and now Türkiye, Qatar, and South Africa.
With this acquisition, e& group’s operational footprint expands to 34 markets.
“I am both proud and delighted to announce the successful integration of our company into the e& enterprise ecosystem,” stated Alp Bağrıaçık, CEO, GlassHouse. “By harnessing e& enterprise’s robust portfolio, we will provide our customers with cutting-edge security solutions and innovative strategies to accelerate their digital transformation journey.”
GlassHouse, now a wholly-owned subsidiary of e& enterprise, will maintain its brand identity and continue to operate independently. Established in 2004, GlassHouse serves over 2,000 enterprises in select regions, with a focus on the financial services sector, including nine of the top 10 banks in Türkiye.
