February 5, 2014 | by Allison Collins
Enlightenment Capital has closed its first fund with $80 million.
The Chevy Chase, Md.-based private investment firm provides senior debt, mezzanine debt and minority equity to middle market aerospace, defense and government companies. The firm was founded by Devin Talbott, who has spent nearly a decade specializing in defense and government services.
So far, Enlightenment has invested in five defense contractors, including national security systems group Vistronix. The portfolio company went on to acquire both NetCentric Technology Inc. and Kimmich Software Systems Inc. in December for an undisclosed price.
Other Enlightenment-backed properties include logistics provider REI and analytics company Opera Solutions.