
Enlightenment Capital
Description
Enlightenment Capital is a Chevy Chase, Maryland-based private investment firm specializing in providing creative capital solutions to businesses operating within the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm primarily targets middle-market companies, offering a flexible approach that includes equity, mezzanine debt, and structured capital solutions. Their strategic focus is on companies that play critical roles in national security, government services, and advanced technology, aiming to support their growth, acquisition strategies, and recapitalizations.
The firm's investment philosophy centers on partnering with experienced management teams to build enduring businesses. They typically seek to invest in companies with an EBITDA generally ranging between $5 million and $50 million. Enlightenment Capital is known for its ability to deploy substantial capital, with individual transactions often involving between $20 million and over $100 million of equity and/or debt capital. This flexibility allows them to tailor solutions to the specific needs of their portfolio companies, whether through growth equity, buyouts, or strategic recapitalizations.
Enlightenment Capital has demonstrated consistent growth in its capital base, reflecting its strong track record and investor confidence. The firm successfully closed its fourth fund, Enlightenment Capital Solutions Fund IV, at $540 million in 2022, bringing its total assets under management to over $1.5 billion across its various funds. This significant capital base underscores their capacity to execute complex transactions and provide long-term support to their portfolio companies. Their deep sector expertise and network further position them as a preferred partner for businesses navigating the unique dynamics of the ADG&T market.
Investor Profile
Enlightenment Capital has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 18 rounds, about 75% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, The Netherlands, China.
- Strong thematic focus on Information Technology, Software, Consulting.
- Led 1 rounds in the past year.
- Typical check size: $20M – $100M.
Stage Focus
- Private Equity (75%)
- Series B (8%)
- Series A (8%)
- Series Unknown (8%)
Country Focus
- United States (92%)
- The Netherlands (4%)
- China (4%)
Industry Focus
- Information Technology
- Software
- Consulting
- Information Services
- Cyber Security
- Computer
- Hardware
- Aerospace
- Robotics
- Security
Frequently Asked Questions
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