HomeUSAGodspeed Capital Closes $675M Fund III, at $675M

Godspeed Capital Closes $675M Fund III, at $675M

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Godspeed

Godspeed Capital Management, a Washington, DC-based lower middle-market private equity firm, closed Godspeed Capital Fund III, LP, at $675m.

In combination with the firm’s predecessor funds, Godspeed Capital has to date raised over $1.1 billion in capital commitments since its inception in 2021.

Fund III received support 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.

Led by Douglas T. Lake, Jr., Founder & Managing Partner, Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing in companies generating approximately $3m to $30m of EBITDA. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations.

Through Fund III, Godspeed Capital will continue to pursue its disciplined investment strategy of partnering with founders and management teams of companies operating across the Defense and Government sectors to drive growth and create value through strategic initiatives, operational improvements, technology investments, and add-on acquisitions.

Since inception, the firm 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.

FinSMEs

12/11/2024

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