May 24, 2023

Enlightenment Capital Backed Agile Defense Acquires XOR Security

Chevy Chase, Maryland: Agile Defense, an end-to-end provider of large-scale, digital transformations solutions to the Department of Defense (DoD) and other national security customers, announced today that it has acquired XOR Security, an innovative provider of cybersecurity operations, cybersecurity engineering, and virtual security operation center (VSOC) offerings that protect enterprise systems used by federal government and commercial customers. Agile now boasts an employee base of approximately 1,000 highly-cleared personnel, and it serves a growing range of defense, national security, and critical information missions. 

Founded in 2013, XOR Security is a leading, pure-play cybersecurity provider, offering enterprise-scale cybersecurity operations and platform engineering solutions that address the most prominent cybersecurity threats to federal civilian, law enforcement, national security, and commercial customers. The company’s expertise spans broadly across emerging threats, leading commercial cybersecurity technologies, and customer IT ecosystems. XOR Security has become a reliable partner for complex cybersecurity initiatives and a well-recognized resource for designing complex information systems for the federal government. 

“The acquisition of XOR Security bolsters our already comprehensive suite of Enterprise IT solutions with additional cutting-edge cybersecurity talent,” said Jay Lee, CEO of Agile Defense. “We are thrilled to welcome XOR Security’s talented employees, sophisticated capabilities, and customers to the Agile Defense family.”

“Agile Defense aligns perfectly with the capabilities, people, and culture at XOR Security. We both have a long history of delivering mission-critical enterprise solutions to the federal government,” said Razwan Raja, Founder and CEO of XOR Security. “The synergies between our firms made joining forces the right move, giving XOR additional access to the Defense and Intelligence markets, while supporting Agile Defense’s delivery of Digital Transformation services throughout the Federal Civilian marketplace.”

“XOR brings expertise in network defense, zero trust architecture, managed detection, and advanced threat response. XOR’s critical cyber capabilities enhance the broad range of Digital Transformation and DevSecOps support Agile delivers in support of its customers’ missions,” noted Devin Talbott, Founder & Managing Partner at Enlightenment Capital.

“Enlightenment is building the next premier Digital Transformation and Cyber Solutions provider in support of U.S. Government customers. With the addition of XOR and its best-in-class cybersecurity offerings, we have taken a major step forward in reaching this goal,” said Jason Rigoli, Partner at Enlightenment Capital, and Chairman of Agile Defense. 

Baird served as the exclusive financial advisor and Pillsbury Winthrop Shaw Pittman served as the legal advisor to XOR Security on the transaction. Moore & Van Allen served as the legal advisor to Agile Defense on the transaction. Morrison & Foerster provided government contracting legal advisory services as part of this transaction. 

About Agile Defense

Headquartered in Reston, VA, Agile Defense is an end-to-end enterprise IT solutions provider, delivering leading-edge digital transformation solutions at scale. The Company solves its customers’ critical challenges by leveraging a customized combination of advanced technology capabilities and tools including Cloud Services, DevSecOps, Cybersecurity, and AI / Automation. With approximately 1,000 technically proficient engineers and subject matter experts, Agile Defense has been critical in enabling IT transformations of large-scale, high-profile mission-essential programs, including multi-environmental upgrade projects and complex cloud-based initiatives. For more information, visit www.agile-defense.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.