Enlightenment Capital has acquired Colorado Springs-based Boecore, a provider of tech solutions within the space, missile defense, hypersonics and strategic deterrent mission areas. No financial terms were disclosed.
PRESS RELEASE
Chevy Chase, Maryland – January 25, 2022: Enlightenment Capital, an Aerospace, Defense, Government & Technology (ADG&T) investment firm based in the Washington, DC area, announced it has acquired Boecore, a provider of technology solutions to customers within the space, missile defense, hypersonics, and strategic deterrent mission areas. Boecore will serve as Enlightenment’s latest platform company, as the firm builds a premium provider of emerging space and strategic defense technologies.
Founded in 2001, and headquartered in Colorado Springs, CO, Boecore is a leading provider of software, systems and network engineering, and cyber solutions for the federal government. The Company has a long history supporting their customers with a wide range of capabilities including command and control, modeling and simulation, visualization, gamification and next-gen training solutions, and specialized engineering to support some of the most complex challenges within the Missile Defense Agency (MDA), Space Force, and Air Force, among others.
“The pace of technological change and emerging threats in the space domain require continuous innovation, anticipation, and investment,” said Devin Talbott, Managing Partner of Enlightenment Capital. “Boecore will serve as a foundation for growth, both organic and through acquisition, as we work to build off the Company’s technical leadership and commitment to the customers’ mission and establish a premium space and strategic defense solutions company.”
“Boecore’s service and solution offerings are integral to their customers’ missions, helping agencies develop and maintain their most complex, integrated systems,” said Jason Rigoli, Partner at Enlightenment Capital. “We plan to continue to invest in the platform to drive innovation, broaden technology capabilities, and ensure mission effectiveness to protect national security.”
“The partnership with Enlightenment Capital strengthens Boecore’s capacity to pursue more contract opportunities, add new technologies to our portfolio, and further develop and deploy our space and missile defense visualization, gamification, and planning solutions, along with our cyber readiness capabilities,” said Tom Dickson, who will lead the Company as President.
“We are excited to partner with the Enlightenment team as we invest in our next phase of growth,” said Kathy Boe, Company Founder, who will serve on the Company board, remain as a minority shareholder, and act as a strategic advisor to the Company. “Enlightenment’s acquisition of Boecore enables the Company to further invest in technology development, which will expand opportunities for our employees and allow us to continue developing innovative solutions and services that address our country’s greatest threats.”
About Boecore
Boecore is an award-winning provider of software, systems, network, and cyber capabilities providing innovative solutions and services across the space, missile defense, hypersonics, and strategic deterrent sectors. Headquartered in Colorado Springs, CO, with operations in Albuquerque, NM, Huntsville, AL and Ogden, UT, Boecore enables mission effectiveness and provides DevSecOps, agile software development, system integration, specialized mission support, cyber, and network engineering capabilities that support the national security of the country. For more information, visit www.boecore.com.
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