Godspeed Capital Management (Godspeed Capital), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, has acquired Image Engineering Group (IEG), a Texas-based Mechanical, Electrical, and Plumbing (MEP) design firm focused on sustainability in the education, commercial, and retail markets.
The financial terms of the transaction have not been disclosed.
IEG will join Rachlin Partners and TSK Architects as part of Huckabee Architects, Inc (Huckabee), Godspeed Capital’s Architectural, Engineering, and Consulting (AEC) services and solutions growth platform focused on education and government markets.
IEG will add technology solutions, geographic and market reach, and customer relationships to the platform.
Under the Huckabee umbrella, IEG will integrate its MEP engineering capabilities to enhance the platform’s design innovation and expand the continuum of capabilities offered to Huckabee’s growing customer base.
Following the transaction, IEG will continue to be led by Founder, Don Penn, and President, Jonathan Penn.
