Godspeed Capital has acquired Green Vest, a Bowie, Maryland-based environmental services firm, to launch a new environmental platform under its Fund III. Green Vest provides ecological restoration, compensatory mitigation, stormwater management, and environmental consulting across the Mid-Atlantic and Northeast. As part of the deal, senior vice president Brett Berkley has been named CEO.
Godspeed, a lower middle-market private equity firm focused on defense, government services, and technology, plans to accelerate organic growth, invest in talent, and pursue add-on acquisitions to expand Green Vest’s geographic reach and service offerings. The acquisition follows previous platform investments in JP Donovan Construction and GALT Aerospace. James Reid, partner at Godspeed Capital, noted Green Vest’s differentiated position in a fragmented market supported by favorable environmental and regulatory trends.
Green Vest serves both public and private sector clients from offices in Bowie, Baltimore, and Tranquility, New Jersey. The company was founded by Doug Lashley. Financial terms of the deal were not disclosed.
Source: PE Hub · Summarized by HeadlinesBriefing