“MCLEAN, Va. – April 22, 2019 – Trowbridge & Trowbridge LLC (“Trowbridge”) is pleased to announce its recently completed financial purchase by Enlightenment Capital (“Enlightenment”), to fuel their continued growth and to support their continued transition to a large business. Under the terms of the purchase, the current Trowbridge management team will stay in place, and Cass Panciocco, the company’s COO, has assumed 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.”
“The Trowbridge management team was receptive to Enlightenment’s financial backing to enable the company’s continued organic growth trajectory coupled with the exploration of future acquisitions. Additionally, by making Trowbridge a platform, the Enlightenment team provided us the ability to maintain our culture and mission delivery focus which we have built over the last 12 years,” says Karen Trowbridge. “
“Enlightenment is our ideal investment partner, as they understand the sector and share our vision to …” Read More Here.
Source: Trowbridge backed by Enlightenment Capital, April 22, 2019. Trowbridge.
G2X TAKE: Only months removed from adding key senior executives, this fast-growing provider of cloud, cyber and IT modernization solutions to the Federal markets, sets its eyes on a bigger vision as it is now in position to add capacity to pursue strategic growth initiatives and to invest in new capabilities.
- Led by Founder and CEO, Karen Trowbridge Savitz, Trowbridge & Trowbridge made several key hires last year, to include recruiting Cass Panciocco to serve as their Chief Operating Officer, Joe Mayo as their new Vice President of Civilian Programs, and Federal Health Industry veteran, Joanie Barr as a Senior Vice President.
- Trowbridge was recently named 2018 $75M- $250M Corporate Growth Company of the Year.