e& Enterprise Acquires GlassHouse, expands into Turkish Market

e& enterprise, the digital transformation vertical of e&, has announced the acquisition of GlassHouse, a managed cloud and SAP Infrastructure services provider based in Türkiye. This strategic acquisition underscores e& enterprise’s commitment to expanding its global presence and enhancing its digital transformation capabilities.

The acquisition marks e& enterprise’s decisive entry into the Turkish market, following successful expansions into Saudi Arabia in 2019 and Egypt in 2023. This move reinforces the company’s position as a regional leader in end-to-end digital transformation.

Established in 2004, GlassHouse Technologies specializes in managed cloud, business continuity, and SAP infrastructure services. With over 150 employees and offices in Türkiye, South Africa, and Qatar, GlassHouse serves more than 2,000 enterprises, including nine of the top ten banks in Türkiye. The company is a trusted partner for industry giants like Dell Technologies and SAP.

The acquisition aligns with e& enterprise’s strategy to strengthen capabilities, add vertical expertise, and expand into high-growth markets. This move enhances e& enterprise’s private cloud and managed services offerings, and bolsters its value proposition with SAP capabilities and expertise in the financial services sector.

Salvador Anglada, CEO of e& enterprise, stated, “Following our expansions into Saudi Arabia and Egypt, this acquisition underscores our commitment to entering high-growth markets and advancing our cloud innovations and services as we aim to become a MENA leader in end-to-end digital solutions. Türkiye’s dynamic market offers tremendous potential, and integrating GlassHouse into our portfolio will significantly enhance our capabilities.”

Alp Bağrıaçık, CEO of GlassHouse, added, “It has been great working with Mediterra Private Equity to build GlassHouse into Türkiye’s leading IT infrastructure service company over the last 6 years. As we become part of the e& enterprise family, we will continue to serve our customers with our world-class managed cloud capabilities. Being part of the e& enterprise family will allow us to benefit greatly from expanded portfolio resources and better geographic reach. We look forward to this new chapter of our journey.”

e& enterprise is committed to maximizing value through comprehensive solutions in cybersecurity, cloud, Internet of Things (IoT), and artificial intelligence (AI). By undertaking large-scale projects, e& enterprise drives the digital transformation of governments, large-scale enterprises, and corporations, fostering innovation and growth in the digital age.

This acquisition is a significant step in e& enterprise’s journey towards becoming a regional powerhouse in digital transformation, with Türkiye now playing a key role in its strategic roadmap.