Enlightenment Capital Acquires Trowbridge & Trowbridge LLC
April 22, 2019
Chevy Chase-based private investment firm Enlightenment Capital has acquired McLean-based government IT contractor Trowbridge & Trowbridge LLC as the initial investment in a new Enlightenment platform focused on government IT modernization. The deal — terms undisclosed — gives Enlightenment a foothold in cloud computing, cybersecurity and IT modernization for federal customers; Trowbridge's COO Cass Panciocco was promoted to president and CEO while founder Karen Trowbridge remains on the board as an adviser.
- Buyers
- Enlightenment Capital
- Targets
- Trowbridge & Trowbridge LLC
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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