iNovex Building Momentum With Addition of Innoplex
Columbia, Maryland – May 16, 2023 – iNovex, a provider of software development solutions focused on cybersecurity, Signals Intelligence (SIGINT), data analysis, and robotic process automation for the Intelligence Community, announced today that it has reached a deal with INNOPLEX, a high-performance software engineering, cybersecurity, and SIGINT business that will bring the two businesses together. iNovex is a portfolio company of Enlightenment Capital.
The addition of INNOPLEX will position iNovex as one of the largest middle-market technology solution providers supporting the Intelligence Community and Department of Defense, with over $2 billion in combined recent prime contract awards and nearly 1,000 employees and teammates overseeing vital national security interests.
“iNovex and INNOPLEX have operated and grown alongside each other, developing a close relationship over nearly two decades,” said iNovex CEO Gary Daigle. “We hold shared values and philosophies on doing business the right way, with a mission to solve our customers’ toughest challenges by driving innovation and technology. We are excited to welcome and work collaboratively with INNOPLEX as one team.”
“Our technical strengths, coupled with the breadth and depth of national security customer scale, are unmatched, and I am excited to see what these two employee-focused and customer-first companies can accomplish together,” said Chris Hawthorne, Chief Operating Officer of INNOPLEX, who will serve as President of the combined businesses. “The combination of the two companies provides even greater opportunities for our highly skilled workforce and expands our suite of innovative solutions for our customers’ missions,” said Phil Green, CEO of INNOPLEX.
“INNOPLEX marks the first acquisition into iNovex,” said Jason Rigoli, Partner at Enlightenment Capital and Chairman of the board at iNovex. “INNOPLEX brings a devoted team, a culture of innovation, and a complementary set of capabilities, all of which will enhance iNovex’s ability to help solve some of the nation’s most complex national security challenges.”
Founded in 2005 and headquartered in Columbia, MD, iNovex provides software development focused on cybersecurity, Signals Intelligence (SIGINT), data analysis, and robotic process automation to solve our customers’ toughest mission challenges in the federal government and commercial sectors. For more information, visit www.inovexcorp.com.
Established in 2005 and headquartered in Columbia, MD, INNOPLEX is a mission-focused company supporting global customers in the Intelligence and Defense community. INNOPLEX provides innovative solutions in the areas of high-performance software engineering, IT operations, cloud infrastructure, national to tactical systems engineering, and cyber and signals analysis. For more information, visit www.inno-plex.com.
About Enlightenment Capital
Enlightenment Capital, a Washington, DC area based private investment firm, provides flexible capital and strategic support to middle-market companies in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm partners with businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, enhance decision making capabilities, engineer aerospace and space systems, safeguard national security, and endeavor to meet the challenges of today and tomorrow. For more information, visit www.enlightenment-cap.com and follow us at www.linkedin.com/company/enlightenment-capital.