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Announced

Enlightenment Capital-backed iNovex to acquire INNOPLEX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

cybersecurity

United States

Private Equity

software engineering

Majority

Acquisition

Friendly

Pending

Private

Software

Single Bidder

Synopsis

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Enlightenment Capital-backed iNovex, a provider of software development solutions, agreed to acquire INNOPLEX, a high-performance software engineering, cybersecurity, and SIGINT business. Financial terms were not disclosed. "iNovex and INNOPLEX have operated and grown alongside each other, developing a close relationship over nearly two decades. We hold shared values and philosophies on doing business the right way, with a mission to solve our customers’ toughest challenges by driving innovation and technology. We are excited to welcome and work collaboratively with INNOPLEX as one team," Gary Daigle, iNovex CEO.

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