KippsDeSanto & Co. is pleased to announce the sale of its client, Agile Defense, Inc. (“Agile Defense” or the “Company”) to Enlightenment Capital (“Enlightenment”).
Headquartered in Reston, VA, Agile Defense is an end-to-end enterprise IT solutions provider, delivering leading-edge digital transformation solutions at scale. The Company solves its customers’ critical challenges by leveraging a customized combination of advanced technology capabilities and tools including Cloud Services, DevSecOps, Cybersecurity, and AI / Automation. With 800+ technically proficient engineers and subject matter experts, Agile Defense has been critical in enabling IT transformations of large-scale, high-profile mission-essential programs, including multi-environmental upgrade projects and complex cloud-based initiatives.
Agile Defense has established embedded positions across the Department of Defense (“DoD”) over the last several decades and continues to grow and expand its presence within key agencies including the Army, Navy, Air Force, and Marine Corps. Enlightenmment’s extensive experience and knowledge in the government technology solutions market will help accelerate the Company’s growth through strategic acquisitions and organic contract pursuits.
We believe this transaction demonstrates several key trends in the government technology solutions M&A environment:
- Significant market demand for highly skilled engineers and subject matter experts, and in-demand capabilities such as cloud services and cybersecurity;
- Strong demand for access to prime contract vehicles that enable digital transformation across the DoD;
- Significant value attributed toward targets with highly differentiated technology offerings at scale; and
- Continued private equity interest in government technology solutions targets that add immediate scale and customer access
About KippsDeSanto & Co. KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity and industry experience. We help market leaders realize their full strategic value. Having advised on over 175 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com
Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.
Enlightenment Capital acquires digital transformation solutions provider Agile Defense
November 16, 2022
Enlightenment Capital has acquired Reston, Virginia-based Agile Defense, a provider of digital transformation solutions to the Department of Defense and other federal customers. Terms of the deal were not disclosed.
Agile was founded in 1998.
Jay Lee serves as CEO of Agile
“Agile will serve as the foundation for Enlightenment’s newest platform, aimed at meeting the heightened demand by Federal customers for digital transformation and customized IT systems and operations,” said Devin Talbott, Founder and Managing Partner of Enlightenment Capital in a statement. “Jay Lee (CEO) has built an impressive business. We are thrilled to partner with him and the rest of the team to accelerate and augment the company’s development.”
Based in Chevy Chase, Maryland, Enlightenment Capital provides flexible capital and strategic support to middle-market companies in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm partners with businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, enhance decision making capabilities, engineer aerospace and space systems, safeguard national security, and endeavor to meet the challenges of today and tomorrow.