M&A

With deal done, Enlightenment Capital-backed 'IntelliBridge' launches

Government market investment firm Enlightenment Capital said Thursday it has rebranded one of its portfolio companies to the new name of IntelliBridge in the wake of an acquisition.

With Enlightenment Capital’s backing, Trowbridge & Trowbridge in February closed the purchase of national security software outfit IntelliWare Systems.

The McLean, Virginia-based company now known as IntelliBridge will provide cloud computing, cybersecurity, intelligence and digital services to federal agencies. More than 600 employees work at IntelliBridge, according to a release.

“Individually, Trowbridge and IntelliWare were outstanding companies before they merged; together, IntelliBridge is a larger and more capable mid-tier government contractor,” Enlightenment Capital Partner Jason Rigoli said in the release.

A pair of top executives at Trowbridge will continue in their roles at IntelliBridge: CEO Cass Panciocco and Chief Financial Officer Tom Hohman.

Intelliware CEO and founder Dominic LaPore has been appointed executive vice president for the new company’s national security and law enforcement practice.

Enlightenment Capital closed its third fund last year right at the hard cap of $250 million, which exceeded the $200 million target to raise capital for investments in mid-sized government contractors.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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