Transactions

November 29 2022

KippsDeSanto & Co. advises iNovex Information Systems Inc. on its strategic investment from Enlightenment Capital

KippsDeSanto & Co. is pleased to announce the strategic investment in its client, iNovex Information Systems Inc. (“iNovex” or the “Company”), by Enlightenment Capital (“Enlightenment”).

Headquartered in Maryland, iNovex is a provider of full-stack software development solutions focused on cybersecurity, signals intelligence, data analytics, and robotic process automation for the Intelligence Community.  The Company builds and supports key systems of record that address complex mission requirements critical to national security and enable the full continuum of mission management from sensor to finished intelligence data.

Enlightenment’s knowledge and expertise in the government and technology vertical will help accelerate growth and investments in innovative products and services to build a mid-tier Intelligence Community focused platform with a mission to support critical National Security programs.

We believe this transaction highlights several key trends in the M&A market:

• Companies providing cybersecurity and advanced data & analytics solutions for high-profile Intelligence Community customers remain highly coveted in the market;

• Strong preference for firms with prime positions supporting unique and notable intelligence programs of consequence with significant backlog, long-term visibility, a highly cleared employee base and exemplary past performance;

• Continued demand for companies that are poised to capitalize on key market growth drivers (e.g., full stack software development, cybersecurity, data & analytics, RPA, AI/ML, cloud, mission management); and

• Robust financial sponsor activity and appetite for investments, particularly for companies with leading market positions, differentiated mission-focused tech-enabled services capabilities, enduring customer relationships, employee-centric culture, and proven leadership teams

LEAD INVESTMENT BANKERS

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Marc B. Marlin

Contact Marc
banker-photo

Nicholas Dodson

Contact Nicholas

KippsDeSanto & Co. is pleased to announce the strategic investment in its client, iNovex Information Systems Inc. (“iNovex” or the “Company”), by Enlightenment Capital (“Enlightenment”).

Headquartered in Maryland, iNovex is a provider of full-stack software development solutions focused on cybersecurity, signals intelligence, data analytics, and robotic process automation for the Intelligence Community.  The Company builds and supports key systems of record that address complex mission requirements critical to national security and enable the full continuum of mission management from sensor to finished intelligence data.

Enlightenment’s knowledge and expertise in the government and technology vertical will help accelerate growth and investments in innovative products and services to build a mid-tier Intelligence Community focused platform with a mission to support critical National Security programs.

We believe this transaction highlights several key trends in the M&A market:

• Companies providing cybersecurity and advanced data & analytics solutions for high-profile Intelligence Community customers remain highly coveted in the market;

• Strong preference for firms with prime positions supporting unique and notable intelligence programs of consequence with significant backlog, long-term visibility, a highly cleared employee base and exemplary past performance;

• Continued demand for companies that are poised to capitalize on key market growth drivers (e.g., full stack software development, cybersecurity, data & analytics, RPA, AI/ML, cloud, mission management); and

• Robust financial sponsor activity and appetite for investments, particularly for companies with leading market positions, differentiated mission-focused tech-enabled services capabilities, enduring customer relationships, employee-centric culture, and proven leadership teams

LEAD INVESTMENT BANKERS

banker-photo

Marc B. Marlin

Contact Marc
banker-photo

Nicholas Dodson

Contact Nicholas