Private Equity Firm Financial Services

Enlightenment Capital

Chevy Chase, Maryland, United States

Washington, DC area private investment firm making control and strategic, non-control investments in middle market companies in the Aerospace, Defense, Government & Technology (ADG&T) sector.

Focus Areas
Private equity, SBIC fund investments

Tracked deals

26

26 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

16 addon · 7 growth capital · 3 buyout

Enlightenment Capital Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for Enlightenment Capital. 1 2019 2 2020 5 2021 5 2022 6 2023 3 2024 3 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 26 tracked deals for Enlightenment Capital.

  • Auria (Enlightenment Capital Portfolio) Acquires RKF Engineering Solutions and Kythera Space Solutions
    January 23, 2026
    Buyer
    Auria, Enlightenment Capital
    Target
    RKF Engineering Solutions, Kythera Space Solutions
    Industry
    Aerospace & Defense
    Location
    Maryland, United States
    Type
    Addon

    Auria, a Colorado Springs-based C3 software and solutions provider and portfolio company of Enlightenment Capital, has acquired RKF Engineering Solutions and Kythera Space Solutions, both headquartered in Bethesda, Maryland. The add-on acquisitions expand Auria's SATCOM engineering, spectrum management, and autonomous payload software capabilities to deliver end-to-end command, control, and communications (C3) solutions for U.S. Space Force, other government customers, and commercial SATCOM operators.

  • Enlightenment Capital and Razor's Edge Make Strategic Investment in Expedition Technology
    September 9, 2025
    Buyer
    Razor's Edge Ventures, Enlightenment Capital
    Target
    Expedition Technology
    Industry
    Aerospace & Defense
    Location
    Virginia, United States
    Type
    Growth capital

    Expedition Technology has received a strategic growth investment from Razor's Edge and Enlightenment Capital to accelerate the company's AI/ML-powered C5ISR, signals, and geospatial intelligence capabilities. The partnership will support scaling Expedition's offerings to the Intelligence Community and Department of Defense.

  • Cryptic Vector Acquires Caesar Creek Software
    August 18, 2025
    Buyer
    Cryptic Vector, Enlightenment Capital
    Target
    Caesar Creek Software
    Industry
    Cybersecurity
    Location
    Ohio, United States
    Type
    Addon

    Cryptic Vector, a portfolio company of Enlightenment Capital, has acquired Caesar Creek Software, a Dayton-based offensive cyber R&D firm that provides vulnerability analysis, exploit development, and reverse engineering services to the U.S. Intelligence Community and Department of Defense. The add-on strengthens Cryptic Vector's offensive cyber and electronic warfare capabilities and expands its engineering talent pool supporting national security customers.

  • Agile Defense Acquires IntelliBridge
    January 7, 2025
    Buyer
    Agile Defense, Enlightenment Capital
    Target
    IntelliBridge
    Industry
    Government & Public Sector
    Location
    Virginia, United States
    Type
    Addon

    Agile Defense, a PE-backed government technology provider, has acquired IntelliBridge, a digital transformation and mission-focused technology firm supporting defense, homeland security, and federal civilian customers. Both companies are backed by Enlightenment Capital; the combination expands Agile Defense’s capabilities in data analytics, cyber, and AI and doubles the organization to more than 2,000 employees, while Agile Defense also announced a strategic partnership with Second Front Systems to accelerate AI-enabled DevSecOps delivery.

  • Enlightenment Capital Makes Strategic Investment in Cryptic Vector
    August 8, 2024
    Buyer
    Enlightenment Capital
    Target
    Cryptic Vector
    Industry
    Cybersecurity
    Location
    Ohio, United States
    Type
    Growth capital

    Enlightenment Capital, an ADG&T-focused private investment firm, has made a strategic growth investment in Cryptic Vector, a Cincinnati-headquartered provider of offensive cyber, electronic warfare, and secure radio frequency communications for the Intelligence Community and Department of Defense. The investment will support Cryptic Vector's scaling efforts, capability investments and M&A growth strategy; G Squared Capital Partners and Holland & Knight served as advisors to Cryptic Vector on the transaction.

  • Enlightenment Capital Invests in Summit Technology Group
    April 4, 2024
    Buyer
    Enlightenment Capital
    Target
    Summit Technology Group
    Industry
    Cloud & SaaS
    Location
    Pennsylvania, United States
    Type
    Growth capital

    Chevy Chase-based investment firm Enlightenment Capital has made an undisclosed investment in Summit Technology Group (STG), a Pennsylvania-based provider of cloud-based workflow and SaaS platforms for federal agencies, commercial banks and enterprise customers. Enlightenment said STG will serve as the foundation of its government and regulatory software solutions platform to accelerate product development, expand government deployments and strengthen support for commercial clients.

  • Enlightenment Capital Forms Auria by Merging Four Portfolio Companies
    January 8, 2024
    Buyer
    Enlightenment Capital
    Target
    Boecore, Ascension Engineering Group, Orbit Logic, La Jolla Logic
    Industry
    Aerospace & Defense
    Location
    Colorado, United States
    Type
    Addon

    Enlightenment Capital has combined four portfolio companies—Boecore, Ascension Engineering Group, Orbit Logic, and La Jolla Logic—into a new space-focused platform called Auria, based in Colorado Springs. Auria will deliver mission planning, space domain awareness, satellite communications management and cybersecurity capabilities and will employ more than 400 people across the combined businesses. The consolidation is intended to broaden the customer base, expand capabilities and create a mid-tier contractor in the space and defense market.

  • IntelliBridge Acquires RevaComm (RVCM)
    November 8, 2023
    Buyer
    IntelliBridge, Enlightenment Capital
    Target
    RevaComm, Inc. (RVCM)
    Industry
    IT Services
    Location
    Hawaii, United States
    Type
    Buyout

    IntelliBridge, a portfolio company of Enlightenment Capital, has acquired RevaComm, Inc. (RVCM), a Hawaii-based digital transformation firm specializing in agile DevSecOps, cloud solutions, and cybersecurity for federal civilian and defense agencies. The deal adds nearly 200 software, cyber, and design professionals and RVCM's SBIR/IDIQ contract vehicles to IntelliBridge's capabilities, strengthening its offerings to DoD and FedCiv customers.

  • Enlightenment Capital Invests in Red Alpha
    July 12, 2023
    Buyer
    Enlightenment Capital
    Target
    Red Alpha
    Industry
    IT Services
    Location
    Maryland, United States
    Type
    Growth capital

    Enlightenment Capital, through its Small Business Investment Company (SBIC) fund, has made a growth investment in Red Alpha, a Columbia, Maryland-based software development and technology consulting firm serving the defense community and select commercial markets. Terms were not disclosed; the capital is intended to support Red Alpha’s growth and capability expansion in cybersecurity, cloud, and large-scale systems engineering work for government customers.

  • iNovex Acquires Secure Innovations
    June 1, 2023
    Buyer
    iNovex, Enlightenment Capital
    Target
    Secure Innovations
    Industry
    Cybersecurity
    Location
    Virginia, United States
    Type
    Addon

    iNovex, a cybersecurity and intelligence platform backed by Enlightenment Capital, has acquired Secure Innovations, a cybersecurity firm serving intelligence and defense customers. Terms were not disclosed; Secure Innovations CEO Doug Jeruzal will remain with the combined business as iNovex expands its defensive cyber, systems security engineering and security automation capabilities.

  • Agile Defense Acquires XOR Security
    May 24, 2023
    Buyer
    Agile Defense, Enlightenment Capital
    Target
    XOR Security
    Industry
    Cybersecurity
    Location
    Virginia, United States
    Type
    Addon

    Reston-based Agile Defense, a portfolio company of Enlightenment Capital, has acquired XOR Security for an undisclosed sum. The acquisition adds XOR's federal-focused cybersecurity engineering, VSOC and DevSecOps capabilities to Agile Defense's suite of digital transformation and cyber services to better serve defense, intelligence and federal civilian customers.

  • Enlightenment Capital-backed iNovex Acquires Innoplex
    May 19, 2023
    Buyer
    iNovex, Enlightenment Capital
    Target
    Innoplex
    Industry
    Cybersecurity
    Location
    Maryland, United States
    Type
    Addon

    Enlightenment Capital-backed iNovex has acquired Innoplex, combining two long-standing intelligence-focused software and cybersecurity services firms. The deal creates a middle‑market intelligence and cybersecurity platform with more than 1,000 employees and roughly $2 billion in recent prime contract awards; Innoplex president Chris Hawthorne will serve as president of the combined company under iNovex leadership.

Related Acquisition Pages

Cybersecurity Buyers & Acquisitions 7 tracked deals by Enlightenment Capital. Aerospace & Defense Buyers & Acquisitions 6 tracked deals by Enlightenment Capital. IT Services Buyers & Acquisitions 6 tracked deals by Enlightenment Capital. Government & Public Sector Buyers & Acquisitions 5 tracked deals by Enlightenment Capital. Acquisitions in Virginia 10 tracked deals by Enlightenment Capital. Acquisitions in Maryland 4 tracked deals by Enlightenment Capital. Acquisitions in Colorado 3 tracked deals by Enlightenment Capital. Acquisitions in Ohio 2 tracked deals by Enlightenment Capital.

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