Articles about Fti Consulting

Former staffers of titsup Brit IT giant 2e2 haul administrator to court over pay

A group of former 2e2 staff are set to discover next week at an employment tribunal how successful they've been in efforts to recover monies they claim are owed to them by administrator FTI Consulting. The 200-strong bunch will have their case heard in Reading on 17 September under the representation of Jenny Andrews at …
Paul Kunert, 11 Sep 2013

Rug tugged from under 2e2 after it racked up £50m loss - report

Brit IT biz 2e2 went under because its financial reports were flawed, it plunged nearly £50m into the red and its backers refused to throw good money after bad. That's according to a two-inch-thick dossier by the company's administrators FTI Consulting. The report documents the days leading up to the Berkshire-based integrator …
Paul Kunert, 25 Mar 2013
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Brit SAP house G3 Global slurps 2e2's SAP house

SAP Gold partner G3 Global - based in Surrey - has acquired 2e2-owned Diagonal Consulting in a cash deal, it confirmed this morning. Buyers for Diagonal, which was taken over by Morse in 2004 - itself swallowed by 2e2 in 2010 - were sought after administrator FTI Consulting was called into the UK ops last month. Chris Gunter …
Paul Kunert, 22 Feb 2013

Atomic Weapons Establishment ditches 2e2 in funding row

Stricken integrator 2e2's administrator has confirmed in a letter to staff that the Atomic Weapons Establishment, one of its data centre customers, walked after it was asked to pay thousands of pounds to keep the server farm up and running. FTI Consulting, hauled in to take charge of 2e2 late January, told remaining staff at …
Paul Kunert, 8 Feb 2013

Stricken 2e2 threatens data centres: Your money or your lights

The collapse of UK IT contractor 2e2 descended into farce tonight as its largest data centre customers were told to each pay £40,000 just to keep the lights on. Clients of debt-crippled 2e2 were told to cough up the cash to keep systems running until they transition to another provider, sources close to the situation have told …
Paul Kunert, 7 Feb 2013

Lawyer: 2e2 customers should act quickly as liquidation looms

Any 2e2 customers that clung on in the hope a buyer could be found for fallen channel giant must act now to minimise disruption to service, a law firm has warned. More than a week has passed since 2e2's 10 UK subsidiaries were placed in the hands of FTI Consulting, and the administrator seems to have run out of potential …
Paul Kunert, 6 Feb 2013

Daisy, Computacenter turn down purchase of stricken 2e2

The prospect of 2e2 administrator FTI selling the entire UK operation of the stricken integrator in one swoop was dealt a blow this weekend after several key suitors walked away from a deal. As revealed on Thursday, Computacenter and Daisy Group were seated at the negotiating table but have now decided to end their interest in …
Paul Kunert, 4 Feb 2013

Biz rivals tussle over customers, former staffers of fallen 2e2

Channel rivals of 2e2 are offering staff at the fallen integrator a lifeline and are tapping up customers wondering what the short-term future may hold for their current tech supplier. Type 2e2 into Google's search engine and PSU, Codestone, Gap Consulting, Kelway, m-hance and Amicus ITS are but a few of the names to have run …
Paul Kunert, 4 Feb 2013
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Stricken giant 2e2 may be sold off in one by Monday - sources

The sale of fallen integrator 2e2 may be finalised as early as Monday with administrator FTI Consulting looking to offload all of the UK biz to just one buyer, say people close to the talks. All of the major household names in the channel are understood to have looked under the hood of the Berkshire-based company since ten UK …
Paul Kunert, 1 Feb 2013

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