Investment Firm Enlightens Government Regulatory Sector through Technology Acquisition

Enlightenment Capital, a Washington, D.C. based investment firm that focuses on middle market companies in the aerospace, defense, government and technology sectors, recently made an investment in Summit Technology Group (STG), a Mechanicsburg, Pennsylvania-based software company specializing in government, regulatory and financial workflows. The specific financial terms of the investment were not disclosed but it is intended to help accelerate the distribution of STG’s products.

Houlihan Lokey served as the financial advisor to STG during this transaction while Dentons acted as legal advisor to STG and Moore & Van Allen provided legal advice to Enlightenment Capital. Thomas Young, a principal at Enlightenment Capital expressed excitement about the partnership with STG highlighting their track record of providing technology solutions to both government and commercial clients. He emphasized the potential for innovation and growth that this investment will bring, allowing STG to enhance their software and bring greater efficiency and transparency to government and regulatory processes.

In addition to their financial advisory role, Houlihan Lokey and Dentons also provided legal support to STG while Moore & Van Allen assisted Enlightenment Capital with legal matters related to the transaction. 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.