Godspeed Capital Closes $675 Million Fund III at Hard Cap

Godspeed Capital Management, a lower middle-market private equity firm focused on defense and government offerings, has announced the successful final close of Godspeed Capital Fund III at its hard cap. The firm said Monday that Fund III was oversubscribed, with existing as well as new investors showing strong support.

Strong Investor Support for Fund III

For Fund III, Godspeed Capital raised a total of $675 million in investor capital commitments. When combined with Godspeed Capital’s previous investment programs, the firm raised over $1.1 billion in capital commitments since its inception in 2021.

The equity firm will use Fund III to carry on with its investment strategy of partnering with defense and government sector companies on various efforts, including technology investments and add-on acquisitions, with the ultimate aim of driving growth and creating value.

Godspeed Capital’s Continuing Partnership Efforts

Commenting on the recent developments, Godspeed Capital founder and Managing Partner Douglas Lake Jr. said, “We are thrilled with the strong support we have received from both existing and new investors for Fund III.”

“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,” Lake added.

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