Kelso & Company Acquires Majority Interest in Emtec, Inc.
August 31, 2022
Funds managed by Kelso & Company acquired a majority interest in Emtec, Inc., a Jacksonville-based IT consulting and digital services firm. The transaction closed in August 2022; Emtec's existing management (led by CEO Sunil Misra) remains in place and continues as significant investors while Kelso provides capital to accelerate growth and broaden capabilities.
- Buyers
- Kelso & Company
- Targets
- Emtec, Inc.
- Industry
- IT Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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