CLOUD

Private equity group takes stake in managed services provider

Enlightenment Capital has taken a stake in the 1901 Group, a company focused on providing managed services to government agencies and the private sector.

Terms of the investment were not disclosed and it isn’t clear whether Enlightenment has taken ownership of the company or if it taken a minority stake in the Reston, Va., based firm. The company did not return a request for comment.

1901 Group is FedRAMP certified and has CMMI Level 3 and ISO 9001 certified. It also is a Gold Reseller for Equinix, the cloud infrastructure provider.

Part of the company’s delivery model includes what it calls “rural IT factories” in areas with talent and a good quality of life. The company also puts an emphasis on employee training and automation, according to its press release announcing the deal with Enlightenment. The company has a facility in Blacksburg, Va.

“The investment from and strategic support of Enlightenment Capital will allow us to continue to invest in our delivery model and grow our business, both organically and through acquisition,” said Sonu Singh, CEO of 1901 Group.

The investment is the second one in the federal space Enlightenment has made this year. In January, it invested in Telos. The amount of the investment was not disclosed.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.