Emtec, On Acquisition Spree, Nails Down Financing: CRN
As it continues buying other companies, Radnor, Pa.-based solution provider Emtec has secured financing to help pay for more acquisitions, the company said Monday.
The amount of the financing was not disclosed. Privately held Emtec -- No. 117 on CRN’s 2015 Solution Provider 500 -- said the money would also help it refinance its current debt, and provide a source of funding for limited share repurchases and working capital.
Emtec is a consulting firm that also partners with software giants Microsoft and Oracle, among other firms. Read More
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Emtec is an IT consultancy dedicated to helping world class organizations in the enterprise, education, and government markets drive transformation and growth by employing the latest enterprise technologies and innovative business processes. We empower our clients to accelerate innovation and deliver amazing client experiences to better compete and ultimately lead in their industry. Our “Client for Life” approach is built upon over 20 years of delivering rapid, meaningful and lasting business value. Our offerings span the IT spectrum from Advisory, Applications (Enterprise, Custom, Mobile and Cloud) as well as a suite of Analytic and Infrastructure Services. www.emtecinc.com
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