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Jacksonville-based Emtec secures investment, eyes growth

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Emtec’s existing management team, led by CEO Sunil Misra, will continue to lead the business going forward and will remain significant investor.

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.

 

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