NewSpring Holdings Acquires C Speed

NewSpring Holdings Acquires Xpect Solutions

October 15, 2024

IT Services

NewSpring Holdings has acquired Xpect Solutions, a Fairfax, Virginia–based systems integrator that provides enterprise IT and physical security solutions to federal agencies. Lafayette Square provided a debt facility to support the transaction as NewSpring builds a federal, law-enforcement-focused platform to expand mission-critical IT and security capabilities.

Godspeed Capital-Backed Crimson Phoenix Acquires Cyberspace Solutions

January 8, 2024

Government & Public Sector

Godspeed Capital’s intelligence platform Crimson Phoenix has acquired Cyberspace Solutions LLC (CSS), adding prime contracts and long-standing customer relationships with U.S. Special Operations Command and the Defense Intelligence Agency. The deal integrates CSS’ cleared workforce into Crimson Phoenix and names industry finance executive Scott Crane as platform CFO to support continued growth of the PE-backed intelligence solutions platform.

Godspeed Capital Partners with Special Aerospace Services to Form Space, Hypersonics and Missile Defense Platform

April 17, 2024

Aerospace & Defense

Godspeed Capital Management LP has partnered with Special Aerospace Services (SAS) to establish a new platform focused on space engineering, hypersonics, and missile defense technologies. The platform, which will operate under the SAS brand and be led by CEO Heather Bulk and CFO Warren Kohm, brings ~250 cleared engineers and a mix of prime contracts serving U.S. defense/intelligence agencies and commercial space customers.

NewSpring Holdings Acquires Bridge Core to Launch Intelligence Services Platform

July 26, 2023

Government & Public Sector

NewSpring Holdings, the majority investment strategy of private equity firm NewSpring, has acquired Bridge Core, a provider of visual intelligence, cybersecurity, and technical solutions to the U.S. intelligence community. NewSpring intends to use Bridge Core as the foundation of a buy-and-build platform, supporting disciplined M&A and organic growth to create a full‑spectrum, technology‑enabled intelligence company.

Hydrow and Investors Acquire Majority Stake in Speede Fitness

May 9, 2024

Consumer Products

Hydrow and its investors (including Constitution Capital and L Catterton) acquired a majority stake in Speede Fitness to integrate Speede's high-tech strength training equipment, AI analytics, and data capabilities into Hydrow's connected fitness platform. Hydrow retains an option to acquire the remainder of Speede and says the deal expands its product lineup toward whole-body strength and aerobic modalities.

Genstar Capital and Madison Dearborn Partners Invest in Lightspeed Systems

March 2, 2022

Cloud & SaaS

Genstar Capital has made a significant growth investment in Lightspeed Systems, joining existing investor Madison Dearborn Partners to back the Austin-based ed‑tech company's product innovation and expansion. The capital will support Lightspeed's cloud-based K‑12 safety and classroom management platform as it scales organically and pursues inorganic opportunities.