January 30 2022
KippsDeSanto & Co. advises Boecore on its sale to Enlightenment Capital
KippsDeSanto & Co. is pleased to announce the sale of its client, Boecore, Inc. (“Boecore” or the “Company”), to Enlightenment Capital.
Headquartered in Colorado Springs, CO, Boecore is a premier provider of Software Development, Cybersecurity, and Systems and Network Engineering to critical space and missile defense elements of the U.S. Department of Defense.
The Company specializes in architecting, engineering, and providing High-Fidelity Modeling and Simulation, Agile Software Development, DevSecOps, Enterprise Network Architecture, Command and Control, and Threat Intrusion Analysis. Additionally, the Company has proprietary products such as BORG™ (deployed at the National Space Defense Center) and Blue Force Defender™ (deployed at the Missile Defense Schoolhouse) that enhance warfighter readiness.
Boecore has established long-standing and growing relationships across organizations within the Missile Defense Agency (“MDA”), U.S. Space Force (“USSF”), Air Force, Army, Space Command, among others, and has developed a highly regarded reputation by leveraging its capabilities and extensive subject matter expertise around unique mission critical programs. The partnership with Enlightenment Capital will help expand Boecore’s growth further as the Company continues to deliver in-demand capabilities and proprietary products / process innovation tools across its core markets.
We believe this transaction highlights several key trends in the space, defense, and government technology solutions M&A market:
• Space and Missile Defense continue to be highly coveted growth areas given their importance to National Security and increasing budgetary trends
• Significant demand for advanced engineering capabilities and intellectual property reinforced by highly skilled, experienced, and cleared employees
• Financial sponsors with intimate knowledge of target industries / explicit growth strategies continue to deploy capital through new platform investments, particularly for companies with strong management teams, high-end core capabilities, and differentiated proprietary products
LEAD INVESTMENT BANKERS
Bob Kipps
KippsDeSanto & Co. is pleased to announce the sale of its client, Boecore, Inc. (“Boecore” or the “Company”), to Enlightenment Capital.
Headquartered in Colorado Springs, CO, Boecore is a premier provider of Software Development, Cybersecurity, and Systems and Network Engineering to critical space and missile defense elements of the U.S. Department of Defense.
The Company specializes in architecting, engineering, and providing High-Fidelity Modeling and Simulation, Agile Software Development, DevSecOps, Enterprise Network Architecture, Command and Control, and Threat Intrusion Analysis. Additionally, the Company has proprietary products such as BORG™ (deployed at the National Space Defense Center) and Blue Force Defender™ (deployed at the Missile Defense Schoolhouse) that enhance warfighter readiness.
Boecore has established long-standing and growing relationships across organizations within the Missile Defense Agency (“MDA”), U.S. Space Force (“USSF”), Air Force, Army, Space Command, among others, and has developed a highly regarded reputation by leveraging its capabilities and extensive subject matter expertise around unique mission critical programs. The partnership with Enlightenment Capital will help expand Boecore’s growth further as the Company continues to deliver in-demand capabilities and proprietary products / process innovation tools across its core markets.
We believe this transaction highlights several key trends in the space, defense, and government technology solutions M&A market:
• Space and Missile Defense continue to be highly coveted growth areas given their importance to National Security and increasing budgetary trends
• Significant demand for advanced engineering capabilities and intellectual property reinforced by highly skilled, experienced, and cleared employees
• Financial sponsors with intimate knowledge of target industries / explicit growth strategies continue to deploy capital through new platform investments, particularly for companies with strong management teams, high-end core capabilities, and differentiated proprietary products
LEAD INVESTMENT BANKERS
Bob Kipps