Exeter Street Capital Partners is pleased to announce the closing of a transaction relating to the $20 million private placement of preferred equity securities and redeemable preferred securities to support the recapitalization and growth strategy of Accscient, LLC.
Based in Atlanta, Georgia, Accscient, a FutureTech Holding Company, was founded in 2005 with a goal of building a leading national provider of IT services. Accscient operates through three divisions (Norwin Technologies, Premier IT Solutions and Appridat) and provides IT consulting and IT staffing services on client projects including ERP planning/implementation, business intelligence, and infrastructure/data center management. Accscient services Fortune 1000 customers in a wide variety of industries with over 350 consultants and leverages offshore capabilities when appropriate.