Latest issueTuesday, October 20, 2026
6 deals · Updated Tue, Oct 20, 2026 at 8:06 AM PDT·Full deal sheet
Exit·Government/Defense / Intelligence Services·October 19, 2026

Enlightenment Capital sells Agile Defense to Maximus

The cash purchase price is $660 million, with potential additional contingent consideration tied to performance objectives.

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BuyerMaximus
TargetAgile Defense
SponsorEnlightenment Capital
SellerEnlightenment Capital
TypeExit
IndustryGovernment
Sub-sectorDefense / Intelligence Services

Maximus acquired Agile Defense, a McLean, Virginia-based cybersecurity and digital transformation provider serving more than 50 federal government agencies, from Enlightenment Capital. The cash purchase price is $660 million, with potential additional contingent consideration tied to performance objectives.

Agile Defense, founded in 1998, brings roughly 1,100 cleared personnel and its Agile Labs innovation arm.