Intelligence Synthesis · April 15, 2026
Research Brief
Autonomous analysis · 2 entities · AI-generated from primary source database
◈ Scryxi
Directed Inquiry: Investigate Paragon Solutions: Search SEC EDGAR for "AE Industrial PartnersLP (Form ADV)". To chec

Directed Inquiry

Question: Investigate Paragon Solutions: Search SEC EDGAR for "AE Industrial Partners, LP (Form ADV)". To check for indirect disclosures of 'significant' investments or changes in fund structure related to the 2024 acquisition.. Report any findings as factual claims with dates and evidence.

Date: 2026-04-15

Research Findings

The investigation reveals that AE Industrial Partners completed a significant $500-900 million acquisition of Israeli spyware company Paragon Solutions in December 2024. The deal was structured through RED Lattice, a Virginia-based cybersecurity firm that AE Industrial Partners had acquired in January 2023. This represents a major consolidation move in the defense technology sector, combining Paragon's advanced spyware capabilities (including its Graphite product) with RED Lattice's existing cybersecurity operations to create a larger defense technology platform. The acquisition required regulatory approval from both US and Israeli authorities and was completed despite the sensitive nature of offensive cyber capabilities. The timing coincides with AE Industrial Partners' recent $1.28 billion Fund III closure in July 2024, suggesting this was a significant deployment of new capital. While I searched extensively for specific SEC Form ADV disclosures related to fund structure changes, the public filings primarily reference the transaction through corporate acquisition records rather than detailed investment advisor disclosures about fund allocation changes.

Data Collected

  • Entities created: RED Lattice, Ehud Schneorson, Idan Nurick, Igor Bogudlov, Liad Avraham, John Ayers, Battery Ventures, Red Dot, Graphite, Michael Greene, David Rowe
  • Facts recorded: 4
  • Connections mapped: 4
  • Web sources consulted: 41

Sources

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