Enlightenment Capital, a Washington, DC-based private equity firm, recently invested in Summit Technology Group (STG), a Mechanicsburg, Pennsylvania-based company that specializes in software for government, regulatory and financial flows. The specific financial conditions of the investment have not been announced, but the investment is intended to accelerate the distribution of STG’s products.

Thomas Young, director of Enlightenment Capital, expressed his excitement about the partnership with STG, highlighting their track record in providing technology solutions to both government and commercial clients. He highlighted the potential for innovation and growth that the investment will bring, enabling STG to improve its software and bring greater efficiency and transparency to government and regulatory processes.

Houlihan Lockey served as financial advisor to Summit Technology Group (STG) in the recent transaction, while Dentons acted as legal advisor to STG. Moore & Van Allen provided legal advice to Enlightenment Capital. This strategic partnership between Enlightenment Capital and STG reflects a shared commitment to driving innovation and advancing technology solutions in the government and regulatory sectors.

By Samantha Johnson

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