Enlightenment Capital makes investment in Summit Technology Group

Enlightenment Capital recently invested in Summit Technology Group (STG), a Mechanicsburg, Pennsylvania-based software company that specializes in solutions for government, regulatory, and financial workflows. The specific financial terms of the investment were not disclosed, but the investment is intended to accelerate the distribution of STG’s products.

As legal advisors to STG, Dentons provided guidance on legal matters related to the transaction. Meanwhile, Moore & Van Allen served as legal counsel to Enlightenment Capital during the deal. In addition to their financial and legal roles, Houlihan Lokey also provided financial advisory services to STG. Morrison & Foerster assisted Enlightenment Capital with legal matters related to the transaction.

Thomas Young, a principal at Enlightenment Capital, expressed excitement about the partnership with STG. He highlighted their track record of providing technology solutions to both government and commercial clients. Young emphasized the potential for innovation and growth that the investment will bring, allowing STG to enhance their software and bring greater efficiency and transparency to government and regulatory processes.

This strategic partnership between Enlightenment Capital and STG reflects a shared commitment to driving innovation and enhancing technology solutions in the government and regulatory sectors.

By Riley Johnson

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