Enlightenment Capital has held a final closing of the firm’s first fund with $80 million of capital commitments. Enlightenment specializes in investments in the aerospace, defense & government sector.
“The defense and government industry is going through a period of reorientation and prioritization. There is a surfeit of businesses in the sector that need both capital and help in navigating through today’s market,” said Devin Talbott, Co-founder and Managing Partner of Enlightenment Capital. “The industry needs knowledgeable, long-term investor support, and that is what we strive to provide.”
Enlightenment Capital provides senior debt, mezzanine debt, and minority equity to middle market companies in the aerospace, defense & government sector. Enlightenment has been active in the market since 2012 and has made investments in Vistronix, a provider of security systems (www.vistronix.com); REI, a provider of transportation and logistics services (www.reiexpress.com); and Opera Solutions, a provider of Big Data predictive and prescriptive analytics (www.operasolutions.com).
“Enlightenment brings a wealth of industry experience and insight to the market. And we are able to be flexible in how we invest. This combination allows us to be strategic partners to businesses whose continued vitality and innovation are important to the industry and the nation,” said Pierre Chao, Co-founder and Managing Partner of Enlightenment Capital.
Enlightenment Capital was founded by Devin Talbott and Pierre Chao and is headquartered in Washington, DC (www.enlightencap.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 2-6-14