Enlightenment Capital has made an undisclosed investment in 1901 Group. Based in Reston, Virginia, 1901 Group is a provider of managed IT services to federal agencies and its commercial customers.
PRESS RELEASE
Chevy Chase, MD – March 15, 2017: Enlightenment Capital, an aerospace, defense, and government-focused investment firm based in the Washington, DC area, announced that it has made a strategic investment in 1901 Group, a managed services provider for the public and private sector. Financial terms of the transaction were not disclosed.
Headquartered in Reston, VA, 1901 Group’s unique IT-as-a-Service business model allows organizations to consume IT services and migrate applications to public or private cloud based environments in a transparent, high quality, and cost-effective manner. 1901 Group’s FedRAMP authorized operating platform coupled with its CMMI Level 3 and ISO 9001 certified Blacksburg, VA based 24×7 operations center helps customers reduce the cost of maintaining their current IT environments, which can then be applied to the migration of system workloads to the cloud. 1901 Group derives its name from the year the first assembly line was utilized in the manufacturing industry. 1901 Group strives to alter the IT service delivery model through rural “IT factories” based in areas with access to premium talent, a good quality of life, and a heavy emphasis on employee training, quality, and automation.
“1901 Group brings an innovative delivery model to the IT services market,” said Devin Talbott, Managing Partner of Enlightenment Capital. “We are excited to partner with Sonu Singh (CEO) and the 1901 team to accelerate their efforts to help customers manage, migrate, and operate complex IT environments in an IT-as-a-Service model.”
“We’ve built a managed service model that re-imagines how complex IT services are delivered, maintained, and optimized. The investment from and strategic support of Enlightenment Capital will allow us to continue to invest in our delivery model and grow our business, both organically and through acquisition,” said Sonu Singh, CEO of 1901 Group.
About 1901 Group
1901 Group, LLC provides managed IT services to federal agencies and its commercial customers through on-site, off-site, and hybrid delivery models. Specializing in enterprise IT operations and transformation, 1901 Group services encompass hardware, software, facilities, process, and labor within innovative unit-based firm fixed price consumption models. The company provides infrastructure, security, and applications management services from its 24×7 secure facility in Blacksburg, VA. For more information, visit www.1901group.com.
About Enlightenment Capital
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.