Announced
Completed
Financials
Sources
Tags
United States
IT Services: Other
Acquisition
Private Equity
Minority
Domestic
Completed
Private
Single Bidder
Friendly
United States Minor Outlying Islands
digital transformation
Synopsis
Enlightenment Capital, a private investment firm that makes control and strategic, non-control investments in middle-market businesses in the Aerospace, Defense, Government & Technology sector completed the investment in Summit Technology Consulting, a company specializing in the delivery of advanced digital transformation consulting, tech-enabled services, and cloud-based workflow and transactional solutions to government agencies and financial institutions. Financial terms were not disclosed. “With Enlightenment’s support, we are accelerating our product development, expanding our support across government agencies and continuing our investments in the financial technology market,” Ben Wallace, Summit Technology Consulting CEO.
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