Enlightenment Closes at Hard Cap

Enlightenment Capital has held a hard cap close of its third fund with $250 million in capital commitments. The fund’s original target was $200 million.

Enlightenment Capital provides senior debt, mezzanine debt, and equity to middle market companies in the aerospace, defense, and government sectors. The firm was founded in 2012 and is headquartered in Chevy Chase, MD (www.enlightenment-cap.com).

“We greatly appreciate the investors who continue to support us, as well as the new investors who are partnering with us for the first time,” said Devin Talbott, managing partner and founder of Enlightenment Capital. “We are excited to continue working with best-in-class management teams and innovative companies that are looking to enhance their efforts with a strategic investment from our firm.”

Just last month, Enlightenment acquired Trowbridge & Trowbridge (www.tt-llc.com), a McLean, VA-based government contractor that provides information technology services including cloud deployment, cybersecurity architecture, next-generation modernization, application development, and network engineering. In January 2019 Enlightenment acquired System High Corporation (www.systemhigh.com), a Chantilly, VA-based provider of proactive protection, security engineering, counterintelligence, and cybersecurity services to government and commercial customers.

Metric Point Capital (www.metricpoint.com) was the placement agent for this fundraise, and Hogan Lovells (www.hoganlovells.com) served as legal counsel.

© 2019 Private Equity Professional | May 3, 2019

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