Godspeed Capital Management (Godspeed Capital), a lower middle-market Defence & Government services, solutions, and technology focused private equity firm, has held the final close of Godspeed Capital Fund III at its hard cap of $675m.
In combination with the Firm’s predecessor funds, Godspeed Capital has to date raised over $1.1bn in capital commitments since its inception in 2021.
The oversubscribed Fund III was raised in less than two months and received strong support – well in excess of the fund’s hard cap – from a diversified range of new and existing institutional investors globally, including leading endowments, foundations, health systems, public pension plans, family offices, fund of funds, advisors, and consultants.
Through Fund III, Godspeed Capital will continue to pursue its investment strategy of partnering with founders and management teams of companies operating across the Defence and Government sectors to drive growth and create value through strategic initiatives, operational improvements, technology investments, and add-on acquisitions.
Since inception, Godspeed Capital has executed 33 investments and established eight platform businesses through its proven buy-and-build strategy that each operate with a unique area of focus at the intersection of the public and private sectors. Earlier this year, Godspeed Capital completed the sale of two of its platform companies, MOREgroup and Stratus Team.
Lazard acted as exclusive placement agent and Davis Polk & Wardwell served as legal adviser to Godspeed Capital for Fund III.
