Godspeed Capital Management, a Washington, DC-based decrease middle-market personal fairness agency, closed Godspeed Capital Fund III, LP, at $675m.
Together with the agency’s predecessor funds, Godspeed Capital has thus far raised over $1.1 billion in capital commitments since its inception in 2021.
Fund III acquired help from a diversified vary of recent and present institutional traders globally, together with main endowments, foundations, well being methods, public pension plans, household places of work, fund of funds, advisors, and consultants.
Led by Douglas T. Lake, Jr., Founder & Managing Accomplice, Godspeed Capital is a decrease middle-market Protection & Authorities companies, options, and know-how centered personal fairness agency investing in corporations producing roughly $3m to $30m of EBITDA. The agency focuses on management buyouts, buy-and-builds, company carve-outs, and particular conditions.
By way of Fund III, Godspeed Capital will proceed to pursue its disciplined funding technique of partnering with founders and administration groups of corporations working throughout the Protection and Authorities sectors to drive development and create worth by strategic initiatives, operational enhancements, know-how investments, and add-on acquisitions.
Since inception, the agency has executed 33 investments and established eight platform companies by its confirmed buy-and-build technique that every function with a singular space of focus on the intersection of the private and non-private sectors.
Earlier this yr, Godspeed Capital accomplished the sale of two of its platform corporations, MOREgroup and Stratus Crew.
FinSMEs
12/11/2024
