Godspeed Capital Management, a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, has held the final close of Godspeed Capital Investment Program II with $250 million in capital commitments.
Godspeed Capital Management (Godspeed Capital), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, has held the final close of Godspeed Capital Investment Program II with $250 million in capital commitments.
Godspeed Capital previously raised $155 million in capital commitments for its inaugural fund, Godspeed Capital Investment Program I, which closed in 2021.
The oversubscribed fund was raised in less than six months, exceeded its $185 million initial target, and received commitments from a range of both new and existing US-based institutional investors including existing strategic partner East Rock Capital, LLC, a US public pension fund, family offices, and leading financial institutions representing endowment and foundation clients.
Since inception in April 2021, Godspeed Capital has completed 16 acquisitions in the formation of three distinct platform investments: Stratus, a multidisciplinary engineering, architecture, and consulting platform focused on federal, commercial, industrial, transportation, and municipal infrastructure markets in the Southern US; SilverEdge Government Solutions, a cybersecurity, software, and intelligence solutions provider to the US Intelligence Community; and MOREGroup, an architecture, design, engineering, and consulting platform focused on the education, government, healthcare, and life sciences markets.
Lazard Frères & Co. LLC served as the exclusive placement agent, and Davis Polk & Wardwell LLP served as legal counsel in the formation of Godspeed Capital Investment Program II.