Laxton Receives Strategic Investment from Enlightenment Capital
Enlightenment Capital, an Aerospace, Defense, Government & Technology (ADG&T) focused investment firm based in the Washington, DC area, announced it has made a strategic investment in Laxton Group Limited (“Laxton”) as part of the firm’s new biometrics and digital identity management vertical. Laxton supports governments and organizations around the world with end-to-end biometric solutions in the Election, Citizen Identity, Border Security & Law Enforcement fields. The investment will finance product development and organic growth efforts, and Enlightenment will provide strategic and M&A support for inorganic growth opportunities.
“Laxton is excited to form a partnership with Enlightenment Capital to serve our current customers better and reach new ones, as we accelerate our growth,” said Lyle Laxton, Founder & CEO of Laxton. “Enlightenment’s experience and expertise is exactly what we were looking for in a strategic investor. This partnership greatly enhances our ability to drive growth through M&A and strategic initiatives and allows us to refine our technology portfolio and manufacturing processes to scale with demand.”
“Laxton is a great example of the type of innovative and entrepreneurial businesses with whom we seek to partner,” said Devin Talbott, Founder & Managing Partner of Enlightenment Capital. “Lyle has built a great business, and we are excited to help him write the next chapter in Laxton’s history.”
Laxton supports governments and organizations around the world with end-to-end solutions in the Election, Citizen Identity, Border Security & Law Enforcement fields. Our solutions include proprietary hardware and software systems to register and verify citizens for various purposes, from voter registration to border control. Over the years, Laxton has developed a team of experts to successfully build, implement and service nationwide identity systems, making Laxton the most trusted Identity Solutions provider.
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.