August 18, 2016 | by Luisa Beltran
Enlightenment Capital said Aug. 17 that it has sold its portfolio company, Vistronix Intelligence & Technology Solutions, to ASRC Federal. Financial terms weren’t announced. Reston, Virginia-based Vistronix provides national security systems, solutions, and services to the Intelligence Community, Department of Defense, and Federal Civilian agencies.
Chevy Chase, MD – August 17th, 2016: Enlightenment Capital, an aerospace, defense, and government-focused investment firm based in the Washington, DC area, announced that it has sold its portfolio company, Vistronix Intelligence & Technology Solutions (“Vistronix”), to ASRC Federal, a wholly-owned subsidiary of Arctic Slope Regional Corporation (“ASRC”). Vistronix is a leading provider of national security systems, solutions, and services to the Intelligence Community, Department of Defense, and Federal Civilian agencies. ASRC Federal’s family of companies provide engineering, information technology, logistics and professional/program management services to help government customers achieve mission success.
“We are thrilled to have supported Vistronix’s evolution over the last four years, as the Company’s first outside investor, through six acquisitions, and the assembling of a best-in-class management team,” said Devin Talbott, Managing Partner of Enlightenment Capital.
“Vistronix has grown into a top-tier national security contractor and should be a great strategic addition to the ASRC Federal platform,” added Pierre Chao, Managing Partner of Enlightenment Capital.
Going forward, Vistronix will operate as a subsidiary of ASRC Federal.
Enlightenment Capital, a Washington, DC-area based private investment firm, provides senior debt, mezzanine debt, and minority equity to middle market companies in the Aerospace, Defense & Government (ADG) sector. The firm partners with management teams, equity sponsors, and those businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, engineer aerospace systems, safeguard national security, and endeavor to meet the challenges of today and tomorrow. For more information, visit www.enlightenment-cap.com.
Vistronix was an investment of LMW2, Enlightenment Capital and RCI. With core capabilities in Advanced Analytics, Signals Processing, Cloud Computing, and Large-Scale Data Management, Vistronix designs, develops, and delivers software and solutions to collect, ingest, process, analyze and present large and complex data for critical mission sets of national security significance.