Godspeed Capital | January 15, 2022
Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful acquisition of Exceptional Software Strategies, Inc. (“ESS” or the “Company”), a leading provider of information technology solutions to mission-oriented Federal agencies, including members of the Intelligence Community and Department of Defense agencies. The financial terms of the transaction were not disclosed.
ESS boasts a 25-year history of successfully integrating mission-critical information technology solutions across the Intelligence Community. The Company provides core capabilities in cyber, software and systems engineering, and geographic information systems, and works with a broad array of Intelligence Community and Federal agencies with critical National Security missions, including a strong presence in Fort Meade, Maryland. Nearly each of the Company’s seasoned engineers across its dynamic team holds the highest-level of security clearance. By developing, testing, and deploying solutions to mitigate and combat threats across emerging areas of critical importance such as blockchain, cloud computing and storage, data analytics, and artificial intelligence, ESS is critically focused on leading the next frontier of cyber-protection and innovation.
The newly acquired ESS will join Godspeed Capital’s recently formed high-end cyber and technology solutions platform holding company, designed to provide U.S. Defense and Intelligence Community agencies with a full suite of solutions to combat an increasing and ever-evolving level of cybersecurity and intelligence threats.
Paul Stasko, Founder & President of ESS, said, “Godspeed Capital brings an exceptional amount of government-related expertise, know-how, and vision to the table, as well as a deep understanding of our core Intelligence Community customer set. We are excited to be joining Godspeed as part of a broader, better resourced and scalable platform strategy and look forward to collaborating with like-minded providers as we continue to enhance our collective solutions to meet the increasingly complex and evolving needs of the U.S. Intelligence Community.”
“We are thrilled to partner with ESS, the go-to provider of mission critical solutions and services to the Intelligence Community and other Federal agencies. Through their unparalleled knowledge and experience with existing and legacy infrastructure, data flows, and processes, ESS is uniquely positioned to shape the future of mission critical technology and data protection requirements. The increased scale and profitability of the combined platform coupled with additional capital and resources from Godspeed will allow us to invest more in technology innovation, talent acquisition, and corporate infrastructure as we move forward. We look forward to accelerating the Company’s growth initiatives.”
Douglas T. Lake, Jr., Founder & Managing Partner of Godspeed Capital
About Exceptional Software Strategies, Inc.
Founded in 1996 and headquartered in Linthicum Heights, Maryland, ESS is a professional services company providing information technology solutions to mission-oriented Intelligence Community and Department of Defense agencies. ESS offers core capabilities in cyber, software and systems engineering, and geographic information systems with a strong presence in Fort Meade, Maryland, but also with select Department of Defense agencies, and extensive past performance with a broad array of other Intelligence Community and Federal agencies with National Security missions.
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.
Wickr | October 20, 2020
Wickr Inc., the secure collaboration platform, today announced the launch of its Federal Advisory Board to provide strategic guidance on the company’s federal strategy to connect end users with secure collaboration for mission-critical needs. As the most secure and private collaboration platform, Wickr is uniquely positioned to expand its foothold in the federal government. The Federal Advisory Board will be vital in supporting Wickr’s federal strategy, capitalizing on its recent growth – including a multi-million-dollar contract award with the Air Force special operations community – by providing external guidance, expertise and strategy on how to bring the world’s most secure collaboration tool to federal departments.
StereoVision Imaging, Inc. | November 18, 2020
StereoVision Imaging, Inc. (SVI), an arising world pioneer in 2D and 3D/4DLiDAR based facial/object acknowledgment and distant detecting innovation, has made sure about a follow-on buy request from the U.S. government for extra units of its future, convenient Facial Recognition Binocular System (FRBS). The new request brings the all out estimation of units bought to more than $4.5 million.
The serious binocular framework empowers U.S. furthermore, alliance war contenders to incorporate stalemate observation tasks with continuous significant insight. It bolsters the distinguishing proof of non-agreeable people of-interest under testing uncontrolled natural conditions with significant levels of exactness, and permits ideal information examination and information to-choice for order initiative.
SVI is the sole-source provider of FRBS technology to the U.S. Army under a U.S. Central Command (CENTCOM) Joint Urgent Operational Need (JUON) statement. SVI expects to ship the units in the first quarter of 2021.
The SVI FRBS stage incorporates SVI's industry-driving facial acknowledgment innovation in a portable binocular arrangement. The framework's top quality optics powered by its restrictive facial logical and profound learning face coordinating calculations give quick 'point-and-snap' subject ID at the necessary stalemate separations.
Through true operational testing, FRBS has been intended to help United Combatant Command (COCOM) missions that include observation, surveillance, misuse, character and data tasks, counterterrorism and against revolt. The new units are bound for sending across U.S. Focal and European Command theaters.
“With this next shipment, we believe we have entered an important next phase with the design and initial deployments of our FRBS,” stated SVI founder and president Gregory Steinthal. “We anticipate the program will soon advance to full production and look for it to transition into formal program of record. We are uniquely positioned as the sole-source provider of this advanced technology to the U.S. military, which affirms the tremendous unmatched capabilities it provides.”
SVI sees opportunities for deployment of FRBS to other government agencies, such as federal law enforcement, airport security, border patrol and entry control points.
About StereoVision Imaging, Inc.
StereoVision Imaging (SVI) is an emerging global leader in biometric/object recognition and remote sensing technology, enabling governments and commercial organizations to perform identity and object recognition with the highest-level of speed and accuracy. Beyond FRBS, the company’s patented Dual Chirp 4D LiDAR (light detection and ranging) technology provides the most accurate 4D biometric security system in the world at the longest ranges. Its products are currently used by the U.S. military as well as other government agencies and organizations. SVI is focused on enhancing national security and public safety by solving the world’s most difficult identity validation and analysis challenges.