A New York-based private equity firm recently acquired a controlling interest in Jacksonville-based Emtec, a provider of IT consulting and digital services to medium and large enterprises.
Financial terms of the transaction were not disclosed. Canaccord Genuity and Gibson, Dunn & Crutcher LLP advised Kelso in connection with the transaction. Guggenheim Securities LLC and Dechert LLP advised Emtec in connection with the transaction.