• Sat. Apr 13th, 2024

New Investment for Summit Technology Group: Enlightenment Capital Infuses Funds, Drives Innovation

BySamantha Jones

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

Summit Technology Group (STG) recently received an investment from Enlightenment Capital, with Houlihan Lokey serving as the financial advisor to STG. Dentons provided legal advice to STG, while Moore & Van Allen assisted Enlightenment Capital with legal matters related to the transaction.

Enlightenment Capital is a Washington, D.C.-based investment firm that focuses on middle market companies in the aerospace, defense, government, and technology sectors. The specific financial terms of the investment were not disclosed, but it is intended to help accelerate the distribution of STG’s products.

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 the investment will bring, allowing STG to enhance their software and bring greater efficiency and transparency to government and regulatory processes.

Houlihan Lokey also provided legal support to STG in addition to its financial advisory role. Dentons served as legal advisor to STG during the transaction, 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.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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