Under the terms of the purchase, the current Trowbridge management team will stay in place, and Cass Panciocco, the company’s COO, will assume the role of President & CEO of Trowbridge. Trowbridge founder Karen Trowbridge will support the company as a strategic advisor and serve on the company’s Board of Directors.
“Enlightenment is our ideal investment partner, as they understand the sector and share our vision to create a platform for service delivery excellence as we transition to the mid-tier. This partnership strengthens Trowbridge’s capacity to pursue strategic growth initiatives and to invest in new capabilities required by our customers,” said Cass Panciocco.
“We are very excited for both Trowbridge and Enlightenment and believe their combination will prove highly successful,” said Greg Nossaman, Senior Managing Director, The McLean Group.
Greg Woodford, Senior Managing Director, The McLean Group, added, “Enlightenment’s industry knowledge and transaction sophistication will accelerate the company’s growth as a mid-tier.”
“The McLean Group team worked with us to identify and analyze a number of strategic alternatives and provided advice on optimal timing. Through their support and professionalism, we have high confidence that we selected the right path for the company, our employees and customers,” said Karen Trowbridge.
Chris Brandell, Executive Vice President of Trowbridge, stated, “The McLean Group truly sought to understand our business and what makes us unique. Their thoughtful approach and guidance helped achieve a great outcome.”
Trowbridge is an award-winning provider of cloud, cyber and next-gen digital solutions to defense, intelligence and federal civilian markets. Headquartered in McLean, Virginia, with locations and staff nationwide, Trowbridge helps move missions forward to support the American people and the country’s national security.
Enlightenment Capital, a Washington, DC–based private investment firm, provides senior debt, mezzanine debt, and equity to middle market companies in the ADG sector. The firm partners with businesses that provide vital services, protect critical infrastructure, innovate cyber and data solutions, enhance decision making capabilities, engineer aerospace systems, safeguard national security and endeavor to meet the challenges of today and tomorrow.
About The McLean Group
The McLean Group is a 25-year-old boutique investment bank and financial services firm focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure and Maritime markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions or growth capital, our services are unmatched in these core markets.