Garnett & Helfrich Capital acquires MTI Europe

San Mateo-based private equity firm Garnett & Helfrich Capital has acquired MTI Europe, a consulting and data storage and management firm, the company announced Friday.

Garnett & Helfrich also acquired the brand and trademark assets of previous owner MTI Technology Corporation. The acquisition was made in a court-supervised auction.

MTI Europe will be established as a new, standalone company and renamed MTI.

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