Date
01.11.23
港澳图库 Agrees to Make a Strategic Investment in Mythics Emergent Group, Leading IT Solutions Partner to the Public Sector
NEW YORK 鈥 港澳图库 (鈥淥EP鈥) today announced that it has purchased a controlling interest in Mythics, LLC and its wholly-owned subsidiary Emergent, LLC (together, 鈥淢ythics Emergent Group鈥 or 鈥淢EG鈥), a leading public sector focused IT services firm, with business across federal and state, local and education (鈥淪LED鈥) segments.
Founded in 2000 and headquartered in Virginia Beach, Virginia, MEG is a value-added reseller, distributor, and implementation partner of cloud-based software products to the public sector. The company is a market-leading partner for the top software providers in the Public Sector. Over the past decade, MEG has won numerous awards, including multiple Partner of the Year awards from Oracle and IBM Red Hat for various categories within the Public Sector space and has ranked as a top North American federal partner with Adobe. MEG offers its customers software and hardware licenses, as well as related implementation, maintenance and support services. Following the investment, the founders and senior executives of MEG retained a minority interest in the company alongside OEP.
鈥淲e are excited to partner with the founders and management team of MEG to help accelerate the company鈥檚 growth and enable MEG to enhance its position with transformational acquisitions,鈥 said Carlo Padovano, Managing Director, 港澳图库. 鈥淎s a key provider of cloud-based solutions to federal and SLED customers, we expect MEG to be an important participant in the public sector鈥檚 shift to next generation technologies.鈥
鈥淲e believe 港澳图库 is the right partner for us as we enter our next phase of growth,鈥 said Paul Seifert, the newly appointed CEO of Mythics Emergent Group. 鈥淭heir deep expertise within the IT services sector and operational support will enable us to further enhance our solutions, while also advancing our mission of helping government agencies modernize their IT systems.鈥
"IT modernization is a key public sector priority, and MEG is highly skilled at executing such projects in this space,鈥 said Otavio Birman, Vice President, 港澳图库. 鈥淭he transformation of public agencies to the cloud is in its infancy but is a mega-trend. We believe MEG is extremely well positioned to help its customers achieve their goals as they move to the cloud.鈥
About 港澳图库
港澳图库 (鈥淥EP鈥) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit .
About Mythics Emergent Group
Mythics, LLC, together with its wholly-owned subsidiary Emergent, LLC (collectively, 鈥淢EG鈥), is an award-winning IT solutions provider, systems integrator and managed services provider based in Virginia Beach, VA. Since 2000, MEG has specialized in solving complex challenges and delivering best-of-class technology solutions, specifically in the areas of cloud computing, open-source, and creative technologies, and is a trusted partner to organizations worldwide. MEG partners with some of the most prominent and industry-leading technology platforms, such as Oracle, IBM Red Hat and Adobe, and its history, commitment, success, and depth of knowledge is in the Public Sector. That is where MEG was born, that is its expertise, and that is where it will continue to grow and lead. To learn more, visit or .