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Software Development Company iNovex Buys Secure Innovations

Columbia, Maryland-based iNovex has acquired cybersecurity company Secure Innovations as the Enlightenment Capital-backed software development services provider aims to position itself as a middle-market player in the defense and intelligence sectors.

Secure Innovations CEO Doug Jeruzal will join the combined entity as a key leader with oversight of cybersecurity programs, iNovex said Thursday.

Founded in 2007, Secure Innovations supports customers in the defense and intelligence markets by providing capabilities and services in the areas of defensive cyber operations, security automation, systems security engineering, vulnerability assessment and penetration testing and information security training.

Raymond James and Miles & Stockbridge served as exclusive financial adviser and legal counsel, respectively, to the acquired entity on the transaction. 

Moore & Van Allen acted as iNovex’s legal counsel, while Morrison & Foerster offered government contracting legal advisory support in the deal.

The transaction marks the second purchase for iNovex in less than one month, following the acquisition of software engineering company Innoplex.

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