Godspeed Capital Management LP, a lower middle-market private equity firm focused on defense and government services technology, has acquired Ascent Engineering Group, Inc. Ascent is an engineering and consulting firm focused on the engineering and design of mechanical, electrical and plumbing services for a range of clients.
Ascent has over six decades of experience and produces plans, specifications, studies, reports, and administration services for construction and renovation projects. Additionally the firm specializes in engineering and design of mechanical, electrical, plumbing, fire protection and information services. The company delivers its expertise to education, healthcare, and both state and local government markets.
Ascent will continue to operate as a standalone company but will be joining Godspeed Capitals engineering and consulting services platform, Prime ABA. The firm will support Prime’s organic and acquisition growth strategy.
“We are thrilled to partner with Godspeed Capital and join the Prime ABA platform, whose deep managerial expertise and collaborative approach will expand and enhance our dynamic project capabilities, client relationships, and geographic reach,” saidBenjamin Linkous, Ascent president and CEO.
Ascent was advised by PSMJ Resources, Inc. Godspeed Capital and Prime ABA were advised by AEC Advisors LLC.