One Equity Partners, a middle-market private equity firm, has purchased a controlling interest in Mythics LLC and its wholly-owned subsidiary Emergent LLC.

Founded in 2000 and headquartered in Virginia Beach, MEG is a reseller, distributor and implementation partner of cloud-based software products to the public sector. The company is an information technology services firm with business across federal and state, local and education (SLED) segments.

“We are excited to partner with the founders and management team of MEG to help accelerate the company’s growth and enable MEG to enhance its position with transformational acquisitions,” says Carlo Padovano, managing director, One Equity Partners. “As a key provider of cloud-based solutions to federal and SLED customers, we expect MEG to be an important participant in the public sector’s shift to next generation technologies.”