Jacksonville-based Emtec secures investment, eyes growth

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in US

United States United States Latest News, United States United States Headlines