Enlightenment Capital

EverWatch, a portfolio company of Enlightenment Capital, was founded in 2017 and is headquartered in Reston, Virginia Following the closing of the transaction, EverWatch will operate as a wholly owned subsidiary of Booz Allen, working closely with the firm’s National Security Sector led by Sector President Judi Dotson

“U S national and economic security depends on secure, trusted, and resilient technology, and in the most dynamic threat landscape of our time, delivering advanced solutions with speed and agility is essential for mission success,” said Dotson “Combining Booz Allen’s mission experience and advanced technologies with EverWatch’s classified software development and analytics capabilities will help implement faster and more comprehensive solution delivery to help defense and intelligence agencies transform and stay ahead of threats ” “EverWatch is an excellent strategic and cultural fit and this acquisition is a strategic accelerator well aligned with Booz Allen’s VoLT strategy, our investment thesis, and our expanding National Cyber platform capabilities,” said Booz Allen’s Chief Strategy Officer Matt Calderone “Our combined capabilities will deliver exceptional value for our clients, employees, and shareholders ” “Booz Allen and EverWatch share a deep commitment to protecting our national interests with advanced technology, mission intimacy, and digital transformation We look forward to the combined strength of our organizations to deliver exceptional support to clients in the intelligence community and beyond,” said John Hillen, Chief Executive Officer at EverWatch

EverWatch brings a legacy of service to national security agencies and core capabilities in software development and architecture, cloud, analytics, AI and machine learning, and TechSIGINT that strategically align with Booz Allen’s deep mission insights and robust portfolio of full-spectrum cyber operations, mission analytics, AI, and 5G offerings

“EverWatch has invested heavily in developing innovative solutions and has become a market leader solving some of the most complex problems facing the national security sector The combination with Booz Allen will further deepen innovation capabilities, accelerate our collective support of critical national security efforts, and enhance opportunities for EverWatch’s growing, skilled employee base,” said Devin Talbott, Founder and Managing Partner of Enlightenment Capital

The transaction is expected to close in the first quarter of Booz Allen’s fiscal year 2023 and is subject to customary closing conditions Terms of the transaction were not disclosed

Booz Allen retained Jefferies LLC as financial advisor for the transaction and King & Spalding LLP as legal advisor, and Avascent for strategic industry advisory services EverWatch retained Baird as financial advisor and Moore & Van Allen PLLC as legal advisor EverWatch is backed by Enlightenment Capital, a private investment firm providing flexible capital and strategic support to middle market businesses in the Aerospace, Defense, Government & Technology (ADG&T) sector

About Booz Allen Hamilton For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform We are a key partner on some of the most innovative programs for governments worldwide and trusted by its most sensitive agencies We work shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision

Headquartered in Reston, Virginia, EverWatch is a technology solutions company providing advanced intelligence, defense, and mission support to the U S Government for its most critical national security missions Our technology and mission professionals help our national security partners gather and assess critical and actionable knowledge by building custom solutions to confront the most complex intelligence and counterintelligence challenges Learn more at www everwatchsolutions com

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