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Godspeed Capital Closes $675 Million Fund III at Hard Cap

Oversubscribed Fund III Received Strong Demand from New and Existing Institutional Investors Globally

Fund III Will Further Godspeed Capital’s Disciplined Investment Strategy of Partnering with Founder- and Management-Owned Businesses Across the Defense and Government Sectors

Godspeed Capital has Raised Over $1.1 Billion of Capital Commitments Since Inception in 2021

Godspeed Capital Management LP (“Godspeed Capital”, or the “Firm”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful final close of Godspeed Capital Fund III LP (together with its affiliated vehicles, “Fund III”) with $675 million of total investor capital commitments at the fund’s hard cap. 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.

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 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, 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.

“We are thrilled with the strong support we have received from both existing and new investors for Fund III,” commented Douglas T. Lake, Jr., Founder & Managing Partner of Godspeed Capital. “Their commitment is both a testament to the hard work of the entire Godspeed Capital team and a reflection of their conviction in our proven investment strategy.”

“Following the successful close of Fund III, we look forward to continuing to partner with founder- and management-owned businesses operating across the Defense & Government sectors that have reached an inflection point in their growth trajectory. Godspeed Capital’s differentiated, partner-friendly investment approach – bolstered by our core values, deep sector expertise and relationships, growth-oriented playbook, long-term vision, and creative capital solutions – make our firm an ideal partner for management teams seeking to catalyze the next chapter of growth for their companies.”

Lazard acted as exclusive placement agent and Davis Polk & Wardwell LLP served as legal adviser to Godspeed Capital for Fund III.

About Godspeed Capital

Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations. For more information, please visit the Godspeed Capital website at www.godspeedcm.com.

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