NEWS BY INVESTMENTS

  1. RealmOne adds another software development business

    RealmOne has acquired a provider of operations support and software development services to intelligence agencies approximately three months after being first unveiled to the market. Through the the purchase of Torin Consulting, RealmOne also is looking to further solidify itself as one of the largest midsized cyber and intelligence-focused contractors in the national security community….

  2. Enlightenment Capital invests in key federal software partner

    Chevy Chase investment firm Enlightenment Capital said Thursday it had made an investment in Summit Technology Group, a software platform provider for federal agencies, commercial financial institutions and enterprise customers. Terms of the investment were not disclosed. Devin Talbott, founder and managing partner of Enlightenment, said in a statement STG will “serve as the foundation”…

  3. Enlightenment Capital takes the covers off new cyber, intelligence company

    On the heels of unveiling a new space software company, government market investment firm Enlightenment Capital is using that method to reveal another new cybersecurity and intelligence-focused solutions provider formed via acquisitions. Newly formed RealmOne said Wednesday it now goes to market as a1,000-employee business led by CEO Gary Daigle, a co-founder and formerly chief…

  4. Nokia Acquires Fenix Group in Defense Market Expansion Push

    Nokia has closed its acquisition of Fenix Group in a transaction that expands its portfolio of tactical communications platforms for defense customers. Mike Loomis, president of Nokia Federal Solutions, said in a statement published Wednesday the completion of the acquisition marks a key step in advancing the company’s U.S. strategy and growing its defense business. “Fenix‘s expertise in broadband…

  5. Clarksburg defense contractor rebrands as it eyes more commercial business

    A Clarksburg maker of autonomous vehicles used for military operations is now developing technology for the commercial sector and has changed its name to reflect that strategic shift. Robotic Research Autonomous Industries (RRAI) rebranded this week as Forterra, part of its broader expansion into commercial industries such as trucking and logging. It’s one of the biggest…

  6. Chevy Chase investment firm combines 4 portfolio companies for new space-related platform

    Chevy Chase investment firm Enlightenment Capital on Monday said it is forming a new space-focused platform through the merger of four recent additions to its portfolio. The new company, called Auria, will deliver specialized capabilities, tailored solutions and commercial software products that support space operations, space domain awareness, orbital warfare training, cybersecurity and satellite communications…

  7. Nokia Eyes Defense Business Growth With Fenix Group Purchase

    Nokia has agreed to acquire Fenix Group, an Enlightenment Capital portfolio company, for an undisclosed sum as part of efforts to expand its portfolio of wireless offerings for defense customers. Fenix Group is a privately held company focused on developing 3rd Generation Partnership Project-based tactical communications systems that support military applications by delivering low-latency, high-speed data connectivity to devices…

  8. IntelliBridge Buys RevaComm

    “We are excited to welcome RVCM’s expert team of almost 200 software, cyber, and design professionals to the IntelliBridge family, where they will find colleagues just as passionate about applying technology to solve our nation’s greatest mission challenges,” said Cass Panciocco, IntelliBridge president and CEO. “This combination will form one of the largest pure-play providers…

  9. John Hillen Appointed to Enlightenment Capital Advisory Board

    The Honorable Dr. John Hillen has joined Enlightenment Capital‘s advisory board. A longtime player in both the government and industry spaces, Hillen will use his decades of military, national security and intelligence experience to provide insights to the aerospace, defense, government and technology-centered investment firm, Enlightenment Capital shared with ExecutiveBiz on Monday. “I am looking forward to providing…

  10. First Advantage Expands Digital Identity Solutions by Acquiring Infinite ID

    First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, today announced the acquisition of Infinite ID, a U.S.-based digital identity authentication solutions company and portfolio company of Enlightenment Capital. The $41 million all-cash transaction was funded with cash from the balance sheet and expands First Advantage’s network and…

  11. Enlightenment Capital backs software development consultancy

    Government market investment firm Enlightenment Capital has identified a new business to back through its fund focused on small businesses that are viewed as promising. The recipient of that investment is Red Alpha, a software development and technology consulting firm that works with customers in the defense community and certain commercial markets. Terms of the transaction…

  12. iNovex further builds intelligence base with new acquisition

    The acquisition engine is running hot over at iNovex, a cybersecurity and intelligence company backed by the private equity firm Enlightenment Capital. INovex has closed its second acquisition in as many weeks with the latest buy of Secure Innovations, another cybersecurity company focused on intelligence and defense agencies. Terms of the transaction announced Thursday were not disclosed….

  13. Agile Defense Expands Cyber Offerings With XOR Security Acquisition

    Agile Defense, a portfolio company of Enlightenment Capital, has purchased XOR Security for an undisclosed sum as part of efforts to broaden its cybersecurity offerings for defense and national security customers. XOR Security has been providing cybersecurity engineering and operations and virtual security operation center services designed to ensure the security of security systems used by…

  14. Enlightenment Capital’s newest platform makes its first deal

    One of Enlightenment Capital’s newest platforms, iNovex, has made its first deal since being acquired by the private equity firm in November. The software and intelligence solutions developer has acquired Innoplex, another firm focused on software, cybersecurity and intelligence work. When Enlightenment acquired iNovex, it said the goal was to build another middle-tier competitor in…

  15. PE – backed Boecore buys tech company La Jolla Logic

    Boecore, which is backed by Enlightenment Capital, has acquired San Diego – based La Jolla Logic, an advanced technology and engineering provider of cybersecurity, software development, and artificial intelligence/machine learning solutions. La Jolla Logic was founded in 2011. ” La Jolla Logic has developed innovative and proprietary AI/ML and cyber technologies that enable mission success…

  16. Orbit Logic acquired by aerospace and defense contractor Boecore

    WASHINGTON — Orbit Logic, a developer of mission planning and scheduling software for satellite ground systems, has been acquired by aerospace and defense engineering contractor Boecore, the companies announced Feb. 13. Boecore, based in Colorado Springs, Colorado, provides systems engineering, cybersecurity and software services to the Defense Department and contractors in the defense, space and…

  17. Enlightenment backs intelligence community software outfit

    Government market investment firm Enlightenment Capital has made a financial backing in iNovex, a provider of software development and other technology services to intelligence agencies. Terms of the transaction announced Tuesday were not disclosed, but all parties involved indicated they are looking to build a more formidable middle-tier competitor in the intelligence market. Columbia, Maryland-headquartered…

  18. Enlightenment Capital Acquires IT Services Provider Agile Defense

    Enlightenment Capital has purchased Agile Defense, a Reston, Virginia-based company focused on providing digital transformation and information technology platforms and services to the Department of Defense and other federal government customers. Agile Defense has been offering enterprise IT, DevSecOps, cloud migration support, compliance as a service, cybersecurity assessment and risk management and IT service management…

  19. Booz Allen Closes EverWatch Acquisition

    Booz Allen Hamilton(NYSE: BAH) has finalized its purchase of EverWatch from investment firm Enlightenment Capital, as part of efforts to accelerate mission delivery and technology development cycles in support of national security customers. Booz Allen said Friday the acquisition gives the company access to EverWatch’s cleared personnel and expertise in analytics, software development, artificial intelligence,…

  20. Enlightenment Capital-backed Boecore buys Ascension Engineering Group

    Boecore, which is backed by Enlightenment Capital, has acquired Ascension Engineering Group, a provider of space system and satellite communications engineering solutions primarily for the defense and military community. Based in Colorado Springs, Colorado, Boecore is a provider of technology solutions to customers within the space, missile defense, hypersonics, and strategic deterrent mission areas. AEG…

  21. Enlightenment Capital unveils biometrics, identity management investments

    Enlightenment Capital has unveiled a newly-branded company and invested in a second with both focused on biometrics and identity management as the government technology investment firm pushes to make its mark in that vertical. Infinite ID is going to market as an identity software and biometric solutions provider to federal, state and local government agencies…

  22. System High acquires identity management software outfit

    Secure IT and networking services provider System High has acquired ManageYourID, identity management software company whose product is designed to support data privacy and security. Terms of the transaction announced Monday were not disclosed. ManageYourID will operate as a subsidiary of its new parent company, both of which will combine their data protection offerings and…

  23. Enlightenment Capital closes new $540M fund

    Government market investment firm Enlightenment Capital has closed its fourth fund after fetching $540 million in capital from both new and existing investors. That figure is nearly double the amount Enlightenment raised for its third fund closed in 2019 at $250 million and three times that of the second fund closed in 2016 at $147…

  24. Booz Allen to Acquire EverWatch and Accelerate Classified Capabilities for Clients

    Booz Allen Hamilton (NYSE: BAH) today announced that it has entered into a definitive agreement to acquire EverWatch, a leading provider of advanced solutions to the defense and intelligence communities. Leveraging a highly skilled, cleared workforce, EverWatch builds and operates mission-critical classified platforms to defend against increasingly sophisticated national cyber threats. Its specialized capabilities complement…

  25. Booz Allen to acquire national security software services company

    Less than a year after its largest-ever acquisition, Booz Allen Hamilton made moves to purchase another company with footing almost exclusively in the defense and intelligence communities. Booz Allen said Wednesday it agreed to acquire EverWatch, a developer of classified software and analytics capabilities used by national security agencies to fend off cyber threats. The…

  26. System High Wins $105M Contract with F-35 Joint Program Office

    System High Corp. has been awarded a 5-year, $105M contract from the F-35 Joint Program Office to continue providing security services to support the development, deployment and sustainment of the fifth-generation stealth fighter aircraft. “The mission partnership established with the F-35 Security Directorate has created a solid foundation critical in preserving one of our nation’s…

  27. Aeyon expands automation, analytics footprint through acquisitions

    One of Enlightenment Capital’s newest investments has acquired a pair of other companies that focus on offerings in robotic process automation, data analytics and other in-demand services. Aeyon was formed by Enlightenment in September when the investment firm merged Artlin Consulting and Sehlke Consulting. Now Aeyon has added Manufacturing Technical Solutions and Marick Group to become a larger…

  28. Enlightenment Capital backs space, missile defense tech firm

    Enlightenment Capital has added another company into its portfolio with the acquisition of Boecore, which provides space and strategic defense technologies to military customers. Colorado Springs-headquartered Boecore focuses on software, systems and networking engineering, and cybersecurity. The company designs its solutions to address the space, missile defense, hypersonics, and strategic deterrent mission areas. “The pace of technological change and…

  29. Enlightenment reveals new fund to find, back emerging companies

    Government market investment firm Enlightenment Capital has unveiled a new effort to identify and back emerging and promising technology-oriented companies.

  30. Sev1Tech breaks $250M revenue mark with acquisition

    Sev1Tech is acquiring Geocent to add more DevSecOps and engineering services capabilities to the buyer’s stable of IT modernization, cybersecurity and cloud services offerings.

  31. Enlightenment Capital company merges with consulting firm to form Aeyon

    A portfolio company of Chevy Chase government technology investment firm merged with Arlington’s Sehlke Consulting Thursday to create new player with proprietary automation software and a deep federal business presence.

  32. IntelliBridge acquires Arlington digital services firm

    McLean technology and intelligence services company IntelliBridge Inc. made its second acquisition deal in the past six months, purchasing Arlington-based U.Group in a deal announced Tuesday. 

  33. Oros Fuses Space-Age Science And Fashion In The $240 Billion Sports Apparel Market

    OROS has completed a new round of $14.5 million in Series A funding, led by Enlightenment Capital and Elizabeth Street Ventures, that will be used to bring the new NASA-inspired materials product line to market, slated for launch in 2022. It will also be applied to open a new manufacturing facility in the Boston area that uses cutting-edge 3D engineered knitting technology to dramatically eliminate waste.

  34. Enlightenment Capital Invests in Edge Network Provider Fenix Group

    Washington, D.C.-based investment firm Enlightenment Capital has invested in Fenix Group, a Chantilly, Virginia-based provider of battlefield edge networks and integrated systems, to help the latter advance its growth strategy.

  35. Enlightenment Capital Taps Former DHS Secretary Jeh Johnson for Advice and Counsel

    Jeh Johnson, a partner at law firm Paul, Weiss, Rifkind, Wharton & Garrison and former secretary at the Department of Homeland Security, has been appointed to give advice and counsel to Chevy Chase, Maryland-based private equity firm Enlightenment Capital.

  36. Enlightenment Capital invests in firm as part of SBA loan program

    Enlightenment Capital, the government market investment firm, has partnered with data management and professional services firm Artlin Consulting to help that company through its next phase of growth.

  37. IntelliBridge acquires agile IT design company Alethix

    McLean technology and intelligence services company IntelliBridge Inc. has dipped into the bubbling mergers and acquisitions pool, buying Fairfax information technology firm Alethix LLC in a deal announced Monday afternoon.

  38. Chantilly company acquires key business segment from Booz Allen

    Chantilly-based contractor System High Corp. is expanding its technology expertise with its purchase of a Booz Allen Hamilton Corp. (NYSE: BAH) business segment that services the Missile Defense Agency (MDA).

  39. Leidos to acquire Reston IT services company for $215 million

    Leidos Holdings Inc. (NYSE: LDOS) jumped back into the mergers and acquisition market late Thursday, acquiring 1901 Group in a $215 million cash on hand deal.

  40. Reston’s EverWatch buys BrainTrust, a software and cloud engineering firm

    Reston’s EverWatch, a defense and national security contractor under the Enlightenment Capital umbrella, has made its largest acquisition to date, an Anne Arundel County IT and cloud services firm.

  41. Enlightenment Capital-backed IT contractor rebrands after acquisition

    Trowbridge & Trowbridge, the McLean IT services firm acquired by Enlightenment Capital in April, is rebranding as IntelliBridge after a recent acquisition. With its Chevy Chase parent’s backing, Trowbridge acquired Fredericksburg national security-focused software firm IntelliWare Systems in February.

  42. Enlightenment Capital Takes a Stake in D.C. Firm

    Three months after opening its Small Business Administration-backed fund, Enlightenment Capital LLC has tapped it to take a stake in D.C.-based Expression Networks LLC.

  43. Sev1Tech Jumps into the C4ISR Space with Acquisition

    Woodbridge IT and cybersecurity services company Sev1Tech LLC is expanding its operations into the command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) realm, acquiring Engineering Solutions and Products LLC in a deal announced Wednesday.

  44. Enlightenment Capital to Launch SBA-Backed Fund

    Months after capping its third investment fund and securing ownership in IT contractor Trowbridge & Trowbridge, Enlightenment Capital will soon see new investment backing for its newest fund from none other than the Small Business Administration.

  45. Enlightenment Capital Closes Investment Fund Well Above Its Target

    Chevy Chase-based investment firm Enlightenment Capital closed its third fund Thursday after fundraising excelled well past its $200 million target.

  46. Enlightenment Capital Acquires IT Contractor Trowbridge & Trowbridge

    Chevy Chase-based investment firm Enlightenment Capital expanded its technology offerings Monday with the acquisition of McLean-based government contractor Trowbridge & Trowbridge LLC.

  47. Enlightenment Capital Forms Another Government Tech Platform

    Chevy Chase-based aerospace and defense investment firm Enlightenment Capital has taken a stake in a Chantilly security engineering company. System High Corp. becomes the initial investment of a new Enlightenment platform.

  48. Enlightenment Capital Forms Intelligence Contractor

    Chevy Chase-based aerospace and defense investment firm Enlightenment Capital has formed a government services company, merging four entities together into a new platform called EverWatch.

  49. Enlightenment Capital Takes Stake in Another Government IT Firm

    Chevy Chase-based aerospace and defense investment firm Enlightenment Capital said Wednesday it’s invested in another local government tech services company.

  50. Enlightenment Capital Portfolio Company Fuels Federal Push Through M&A

    ByteCubed, an Arlington consulting firm that works with a number of government agencies consumed by today’s push for sweeping IT modernization, has acquired a D.C. creative agency with an eye toward bringing better user experiences to the federal marketplace.

  51. ACG National Capital Recognizes the Best and Brightest Regional Businesses and Deals: Enlightenment Capital Named Deal Team of the Year

    ACG National Capital, the voice of the middle market, honored the DC metro region’s biggest deals, top dealmakers and fastest growing companies last night at their 16th Corporate Growth Awards Gala.

  52. Enlightenment Capital Backs ByteCubed’s Tech for Government Efficiency

    Enlightenment Capital’s investment in ByteCubed, announced last week, represents a bet that a relatively small player can hold its own in a space that includes behemoths like Booz Allen Hamilton and SAIC.

  53. Enlightenment Capital Funds ByteCubed

    Arlington, Virginia-based ByteCubed, a technology provider and consultancy for commercial and federal government customers, has secured an undisclosed amount of funding. The investor was Enlightenment Capital.

  54. Enlightenment Capital Invests in CyberCore

    Enlightenment Capital, an aerospace, defense, and government-focused investment firm based in the Washington, DC area, announced it has made a strategic investment in CyberCore Technologies (CyberCore), a leading provider of national security services and technologies.

  55. Enlightenment Capital Appoints Ex-Deputy Secretary of Defense to Advisory Board

    Enlightenment Capital has named Bob Work to its advisory board. Work served as Deputy Secretary of Defense under President Obama. He is also the former Under Secretary of the Navy and was a colonel in the United States Marine Corps where he worked for 27 years.

  56. Enlightenment Capital Backs Cadmus

    Enlightenment Capital, an aerospace, defense, and government-focused investment firm based in the Washington, DC area, announced it has made a strategic investment in the Cadmus Group LLC (Cadmus), a leading technical and strategic consultancy.

  57. Enlightenment Capital Invests in 1901 Group

    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.

  58. Enlightenment Capital Invests in Telos

    Enlightenment Capital, which backs businesses that provide vital and innovative technologies, announced it has made a strategic investment in Telos® Corporation, a leading provider of continuous security solutions and services for the world’s most security-conscious organizations.

  59. Enlightenment Capital Closes $147 Million Fund for Aerospace and Defense Deals

    Chevy Chase-based aerospace and defense investment firm Enlightenment Capital announced Tuesday that it raised $147 million for its second fund, exceeding the firm’s original $125 million goal.

  60. Enlightenment Capital Closes Second Fund at $147 Million

    Enlightenment Capital has raised $147 million for its second fund. Fund II’s limited partners include insurance companies, fund-of-funds, family offices, and foundations.

  61. Enlightenment Capital Sells Vistronix Intelligence

    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”).

  62. SolAero Technologies to Buy Vanguard Space

    SolAero Technologies Corp, a portfolio company of Veritas Capital, has acquired Vanguard Space Technologies Inc. Financial terms weren’t announced. Enlightenment Capital is the seller.

  63. Enlightenment Capital Invests in Aurora Flight Sciences

    Enlightenment Capital, an aerospace, defense, and government-focused investment firm, announced that it has made a strategic investment in Aurora Flight Sciences, a world leader in unmanned aircraft systems (UAS) and autonomous flight technologies for military and commercial customers.

  64. Enlightenment Capital Invests in GRA

    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 Gleason Research Associates (GRA), a leading provider of high-end engineering and professional services, focused in the areas of weapon systems and logistics support.

  65. DC United’s Coach Is Backing This Defense-Focused Investment Firm

    On the edge of D.C., quietly tucked within the boroughs of Chevy Chase, Md., sits a unique private investment firm by the name of Enlightenment Capital. While the firm’s headquarters are modest, Enlightenment Capital, led by Devin Talbott and Pierre Chao, continues to grow its influence on the D.C. area’s private defense apparatus.

  66. Enlightenment Capital and Republic Capital Access Form Strategic Partnership

    Enlightenment Capital, an aerospace, defense, and government focused investment firm based in the Washington, DC area, and Republic Capital Access, a leading provider of U.S. Government contract financing, jointly announced that they have entered into a strategic partnership.

  67. Enlightenment Capital Has Big-Name Backers

    Enlightenment Capital, the Chevy Chase-based firm that has made several investments in the past few days, including one in Diplomat Group, an Annapolis provider of aviation transport and base operations.

  68. Vistronix Closes Triple Play of Intell Acquisitions

    Vistronix has made a big play to nab intelligence community work by making not one, not two, but three acquisitions in one day of companies that are active in that space.

  69. Enlightenment Capital Invests in The Diplomat Group

    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 The Diplomat Group, a leading provider of global multimodal logistics, transportation services, commercial and government construction services, program management, facilities operations and maintenance, and base operations support.

  70. Enlightenment Capital Backs MicroPact

    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 MicroPact, Inc., a leading developer of dynamic case management and business process management (“BPM”) software solutions for federal and commercial customers.

  71. Lambert Joins Enlightenment Capital Advisory Board

    Enlightenment Capital, an aerospace, defense & government focused investment firm based in the Washington, DC area, announced that Brett Lambert has joined the firm’s advisory board. Brett brings 25+ years of defense, government, and intelligence expertise to Enlightenment’s distinguished group of advisors.

  72. Enlightenment Capital Invests in Vanguard Space Technologies

    Enlightenment Capital, an aerospace, defense & government focused investment firm based in the Washington, DC area, announced that it has provided financing to Vanguard Space Technologies.

  73. Enlightenment Capital Raises $80M in First Fund

    Up in Chevy Chase, Enlightenment Capital announced this week the raising of its first fund. In this inaugural raise, the private investment firm took in $80 million to back companies in the aerospace, defense and governmental sectors.

  74. Enlightenment Capital Closes First Fund with $80M

    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.

  75. More Top Cybersecurity Investors: Old and New

    When it comes to building cyber defenses, the government and entrepreneurs are fast becoming bedfellows. A decade ago, the two camps barely interacted. Today, they are working together closely.

  76. Enlightenment Capital’s Vistronix Buys Two Companies

    Enlightenment Capital’s portfolio company Vistronix, a provider of intelligence and technology solutions to national security and civilian agencies in the federal space, has acquired NetCentric Technology and Kimmich Software Systems.

  77. Can Anyone Compete with Booz?

    Thanks to l’affair du Edward Snowden and a big story in BloombergBusinessweek, the public now knows about Booz Allen and the company’s dominance in high-end military services.

  78. With Fewer Defense Mergers, Banks Gauge Whether to Stay in Industry

    The aerospace and defense industry saw a decline in mergers and acquisitions during the first part of the year as federal budget cuts set in, forcing the banks and financial advisers that facilitate those deals to reconsider their stomach for the sector.

  79. Cyberdefense: a New Opportunity for Investors

    It’s no secret that the Defense Department faces draconian budget cuts if Congress can’t avoid its latest standoff by March. Between that and the winding down of wars in Afghanistan and Iraq, defense companies have been facing a relatively lean future, and those stocks have lagged the S&P 500 (SPX) for the past year.

  80. Do You Know What Drives the Next Big Thing?

    Pierre Chao, managing partner at Enlightenment Capital and Renaissance Strategic Advisors, shares his thoughts on where future innovation will come from.

  81. Enlightenment Capital Backs Vistronix Acquisition

    Vistronix, LLC, a leading mid-tier national security company, announced today it has completed the acquisition of Technology Associates International Corporation, based in Stafford, VA. Enlightenment Capital, an aerospace, defense & government focused investment firm based in the Washington, DC area, provided financing for the transaction and will be a strategic partner going forward.

  82. Vistronix Acquires Geospatial and Data Visualization Firm

    Vistronix has completed its acquisition of Technology Associates International Corp., bolstering its geospatial and data visualization capabilities. Financial terms of the transaction were not disclosed.