Enlightenment Capital makes investment in Summit Technology Group

Enlightenment Capital Invests in STG to Accelerate Distribution of Software Products in the Government and Regulatory Sectors

Recently, Summit Technology Group (STG) has received an investment from Enlightenment Capital in a transaction that aimed to accelerate the distribution of its software products. Houlihan Lokey served as the financial advisor to STG while Dentons acted as legal advisor.

Based in Washington, D.C., Enlightenment Capital invests in middle market companies in the aerospace, defense, government, and technology sectors. The financial terms of the investment were not disclosed, but it is expected to bring innovation and growth to STG’s software offerings. Thomas Young, a principal at Enlightenment Capital expressed his excitement about the partnership with STG stating their track record of providing technology solutions to both government and commercial clients.

In addition to their financial advisory role, Houlihan Lokey provided legal support to STG while Dentons acted as legal advisor to Enlightenment Capital on the transaction. Moore & Van Allen assisted Enlightenment Capital with legal matters related to the transaction while Morrison & Foerster provided legal support to STG. This strategic partnership between Enlightenment Capital and STG reflects a shared commitment to driving innovation and enhancing technology solutions in the government and regulatory sectors.

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