Investment Summary

Enlightenment Capital Invests In Allocore

On April 4, 2024, private equity firm Enlightenment Capital invested in information technology company Allocore

Investment Highlights
  • This is Enlightenment Capital’s 18th transaction in the Information Technology sector.
  • This is Enlightenment Capital’s 32nd transaction in the United States.
  • This is Enlightenment Capital’s 1st transaction in Pennsylvania.

Investment Summary

Date 2024-04-04
Target Allocore
Sector Information Technology
Investor(s) Enlightenment Capital
Deal Type Growth Capital

Target

Allocore

Mechanicsburg, Pennsylvania, United States
Allocore is a software platform provider for federal agencies, commercial financial institutions and enterprise customers. Allocore was founded in 2007 and is based in Mechanicsburg, Pennsylvania.

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Investor(S) 1

Investor

Enlightenment Capital

Chevy Chase, Maryland, United States

Category Private Equity Firm
Founded 2012
Size Middle-Market
Type Sector Focused
DESCRIPTION

Enlightenment Capital is a private investment firm that provides flexible capital solutions and strategic support to middle-market businesses in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm invests in equity (minority and control), senior debt, and mezzanine debt. Enlightenment Capital was founded in 2012 and is headquartered in Chevy Chase, Maryland.


DEAL STATS #
Overall 32 of 33
Sector: Information Technology M&A 18 of 18
Type: Growth Capital M&A Deals 19 of 20
State: Pennsylvania M&A 1 of 1
Country: United States M&A 32 of 33
Year: 2024 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-21 Ridgeline International

Tysons Corner, Virginia, United States

Ridgeline International is a provider of intelligence and cybersecurity technologies that work to control data and defend against surveillance. Ridgeline International was founded in 2015 and is based in Tysons Corner, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-04 CyberCore Technologies

Elkridge, Maryland, United States

CyberCore Technologies is a provider of information technology services to a variety of federal government agencies with a focus on intelligence and security. CyberCore Technologies was founded in 2000 and is based in Elkridge, Maryland.

Sell -