WOODBINE, Md .– (WIRE OF BUSINESS)-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 Savli Group, Inc. (“Savli” or the “Company”), a professional services company that provides ServiceNow Software and Information Technology automation solutions to mission -focused Federal Agencies, including U.S. Defense and Intelligence Communities. The financial terms of the transaction were not disclosed.
The newly acquired Savli will join as a second add-on to Godspeed Capital’s current portfolio company, Varen Technologies, Inc. (“Varen Technologies”) and Exceptional Software Strategies, Inc., (“ESS”) under the newly developed cyber and technology solutions platform holding company designed to provide U.S. Defense agencies and the Intelligence Community with a full range of solutions and services to combat rising and ever -changing levels of cybersecurity and intelligence threats.
Founded in 1996 by former NASA engineer and entrepreneur Vishal Desai, Savli boasts a 26-year history of successfully implementing and integrating innovative Software and Information Technology solutions that are mission critical for smart US clients. Government and commercial. The Company is a leading serviceNow Elite Partner solutions provider for key Intelligence Community customers. Specific solutions and services include tailored implementations, integration, digital transformation services, consulting, and strategy development.
Vishal Desai, Founder and President of Savli said, “Godspeed Capital uses its deep industry expertise to build a leading platform that will help provide mission critical cyber and technology solutions to U.S. Defense and Intelligence Communities. We are proud to join this platform in conjunction with Varen Technologies and ESS, where Godspeed’s strategic playbook and resources will allow us to work with other expert providers of government-related technology solutions as we continue to meeting the evolving needs of the U.S. Intelligence Community. ”
Savli is an “Elite Partner” at ServiceNow, one of 120 Elite Service & Sales Partners worldwide. Nearly every one of the Company’s more than 20 specialized employees, primarily focused on professional delivery, has a high level of security clearances. By offering end-to-end solutions related to the ServiceNow continuum, Savli is critical to ensuring the successful implementation of next-generation, mission-critical Information Technology roadmaps for its customers in the U.S. Intelligence Community.
“We are excited 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. Savli’s decades of experience, excellent reputation, and high level of expertise in a wide range of specialized technology services make the Company the ideal partner for Godspeed as we continue to expand our platform and provide solutions. in technology and security for the U.S. Intelligence Community for many years to come. By combining Savli’s expertise in Varen Technologies and ESS, our fast-growing platform is well positioned to grow and expand its continuum of innovative services and solutions, ”said Douglas T. Lake, Jr. , Founder and Managing Partner of Godspeed Capital.
The Savli Group, Inc. was advised by Star Advisory Services and supported by legal counsel Miles & Stockbridge.
About Savli Group, Inc.
Founded in 1996 and based in Maryland, Savli is a professional service company that provides Software and Information Technology solutions and services, including the implementation and integration of ServiceNow, to mission -focused customers primarily within US Intelligence Community. Savli offers core capabilities in ServiceNow implementations, integration, mission change services, consulting, and strategy development, primarily serving Intelligence Community customers. For more information, please visit the Savli Group, Inc. website. at http://www.savli.com/.
About Godspeed Capital
Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm that invests with forward-thinking management teams seeking experienced and innovative investment partners with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment would involve companies generating approximately $ 3 million to $ 30 million of EBITDA, Godspeed Capital has substantial support to complete larger transactions through strategic co-invest relationships. The firm focuses on buyout controls, buy-and-builds, corporate carve-outs, and special situations. For more information, please visit the Godspeed Capital website at www.godspeedcm.com.