Godspeed Capital Management LP, a lower middle-market defense and government services, solutions, and technology focused private equity firm in Woodbine, Friday announced the successful acquisition of Savli Group Inc., 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. and Exceptional Software Strategies Inc., under a recently formed cyber and technology solutions platform holding company designed to provide U.S. Defense and Intelligence Community agencies with a full range of solutions and services to combat the growing and ever -changing level 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 government clients and commercial of the US. The company is a 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.
Savli is an “Elite Partner” at ServiceNow, one of 120 elite service and 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.
Savli Group is advised by Star Advisory Services and supported by legal counsel Miles & Stockbridge.