Emtec Acquires Emerging Solutions

Emtec (News - Alert), Inc. has entered into a definitive agreement to acquire Gnuco, LLC, doing business as Emerging Solutions. Emerging is an Information Technology (IT) consulting/services company, based in Chicago, IL that focuses on enterprise performance management and has broad capabilities and deep technical expertise in market-leading technologies as well as expertise in business process management.

Thanks to the acquisition, Emtec is now positioned to provide a broad and deep portfolio of IT services, including ERP implementations, application development, maintenance and support to midsized to large companies.

“We are extremely pleased that we have teamed up with one of the most talented and growing IT services companies in the Business Process Management/Enterprise Resource Planning (BPM/ERP) space. Emerging has built a very talented team of experienced professionals who have a focus on ensuring their clients receive world class IT expertise,” said Dinesh Desai, chairman, CEO and president of Emtec, in a statement.

“We believe that Emerging will integrate extremely well with our existing Application Service and ERP Practices – including the Dinero and Covelix acquisitions we made earlier this year,” said Desai.

He said that there is a clear strategic fit between Emtec's portfolio and growth plans and Emerging's services offerings.

“We have complementary cultures and very similar values, driven by a commitment to client service, creativity and execution,” said Desai

He said that this acquisition significantly enhances Emtec's portfolio of services, commercial client-base and talent pool while strengthening Emtec's position in the Midwest region of the U.S.

“We have been looking for new ways to grow and are excited to join Emtec,” said Greg Lewis, Co-CEO of Emerging.  “Emtec provides a larger platform for us and we feel that all of our associates will be able to provide an even better level of support and our clients will benefit from our expanded service offerings.”

Don Sweeney, Co-CEO of Emerging said that the company has found a culture that feels very familiar and welcoming.

“There is a great future for Emtec and we are happy to be such an important milestone in the path to reach their goal to become a billion dollar IT services provider,” said Sweeney.

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