Reproduced with permission of ABF Journal

Steven M. Miller and Sandra Wintner represented PNC Bank in this matter.

Emtec, Inc., a systems integrator, announced that it has refinanced its $45 million existing credit facility with PNC Bank, through its PNC Business Credit division. In addition, the company announced an additional $3 million mezzanine investment by Peachtree Equity Partners, an Atlanta-based private equity firm specializing in subordinated debt and equity investments for middle-market growth companies. ...

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