NewSpring Mezzanine Capital II, L.P., a fund managed by NewSpring Capital sold its unknown stake in Emtec, Inc. (OTCPK:ETEC) on December 7, 2015. In a related transaction, American Capital Equity III, LP, a fund managed by American Capital Equity Management LLC acquired a majority stake in BrandMuscle Inc. from Centiv Services, LLC on December 2, 2015.

NewSpring Mezzanine Capital II, L.P., a fund managed by NewSpring Capital completed the sale of its unknown stake in Emtec, Inc. (OTCPK:ETEC) on December 7, 2015.