• Tue. Apr 23rd, 2024

Enlightenment Capital Invests in Summit Technology Group to Boost Distribution of Government-focused Software Solutions

BySamantha Jones

Apr 4, 2024
Enlightenment Capital makes investment in Summit Technology Group

Summit Technology Group (STG), a Pennsylvania-based company that specializes in software for government, regulatory, and financial workflows, recently received an investment from Enlightenment Capital. The Washington, D.C. based investment firm focused on middle market companies in the aerospace, defense, government, and technology sectors.

Enlightenment Capital’s principal, Thomas Young, expressed excitement about the partnership with STG, highlighting their track record of providing technology solutions to both government and commercial clients. 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 in the transaction, while Dentons provided legal advice to STG and Moore & Van Allen acted as legal advisors to Enlightenment Capital. Morrison & Foerster also 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.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

Leave a Reply