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FTI Capital Advisors Supports Link Development in Strategic Sale to Beyon Solutions
Dubai, 17 May 2024 — FTI Consulting, Inc. (NYSE: FCN) today announced that FTI Capital Advisors (“DIFC”) Limited served as the financial advisor to Link Development, a leading provider of regional technology solutions, in the sale of a controlling stake to Beyon Solutions, part of the Beyon Group, an agile IT and digital transformation consultancy offering cutting-edge system integration solutions.
Link Development helps private and public organizations define and implement their digitalization strategies. It has a strong Middle East presence with seven offices across the region and more than 700 professionals who work with clients across a range of industries. The sale supports Beyon Solutions’ strategic plans to create one of the largest centers for digital transformation services in the region.
Fede Membrillera, Global Co-Leader of FTI Capital Advisors and Global Leader of FTICA’s Telecom, Media & Technology practice, commented, “This transaction is another example of the commitment of telecom operators to strengthen their efforts to serve the enterprise segment with an offering that goes beyond mere connectivity. We were delighted to advise on this important strategic sale and expect to see a continuation of this trend by other telecom operators as they look to expand their capabilities to serve the growing needs of the market.”
About FTI Capital Advisors, LLC
FTI Capital Advisors (“FTICA”) is a global boutique investment bank with 11 offices worldwide, focused on M&A, equity and debt raising and independent financial advisory, across targeted industry sectors – including Telecom Media and Technology, as well as in the energy, healthcare, aviation & aerospace 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 globally is the wholly owned investment banking subsidiary of FTI Consulting, Inc.
This deal was performed by FTI Capital Advisors (DIFC) Limited (“FTICA Dubai”), an affiliate of FTICA. FTICA Dubai is regulated by the Dubai Financial Services Authority (“DFSA”), the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (“DIFC”), in Dubai, United Arab Emirates. FTICA Dubai is authorized to provide services to Professional Clients only; accordingly, this press release is intended for Professional Clients only, and no other person should act upon it.
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Source: FTI Consulting, Inc.
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