Godspeed Capital Management, a private equity firm focusing on defense and government services and technology companies, has acquired Savli Group, a ServiceNow consulting firm based in Woodbine, MD.
The Savli deal represents Godspeed’s third acquisition in three weeks, having recently acquired Varen Technologies and Exceptional Software Strategies. The three freshly acquired firms will be part of a recently created cyber and technology solutions platform holding company focusing on US defense and intelligence community agencies.
“We are proud to join this platform alongside Varen Technologies and ESS, where Godspeed’s strategic playbook and resources will enable us to work alongside other expert providers of government-related technology solutions as we continue to meet the evolving needs of the U.S. Intelligence Community,” said Vishal Desai, president of Savli.
Savli was founded in 1996 by Desai, a former NASA Engineer. The company is a ServiceNow Elite Partner that supports commercial and government clients, including US intelligence community customers. Savli provides an array of services for the popular workflow software, including strategy, implementation, and integration.
The Maryland-based company has more than 20 professionals.
“We are thrilled to partner with Vishal and the entire Savli team, whose end-to-end ServiceNow Software and Information Technology solutions are essential tools for the U.S. Intelligence Community,” said Douglas Lake, Jr., founder and managing partner of Godspeed Capital. “By combining Savli’s expertise with that of Varen Technologies and ESS, our rapidly growing platform is well-positioned to grow and expand its continuum of innovative services and solutions.”
Godspeed launched in 2020 and targets control investments in businesses generating between $3 million to $30 million in Ebitda. The Washington, DC-based firm focuses on buyouts, buy-and-builds, corporate carve-outs, and special situations.
Godspeed’s other portfolio companies are a trio of design and engineering firms: Ascent, Austin Brockenbrough, and Prime Engineering.