Godspeed Capital-Backed Crimson Phoenix Expands Intelligence Capabilities with Acquisition of TekMasters and Seaford Consulting

Washington, D.C. - In a move to bolster its intelligence capabilities, private equity firm Godspeed Capital Management LP ("Godspeed") announced today the acquisition of TekMasters and Seaford Consulting by its Intelligence, AI/ML, and Data Analytics platform, Crimson Phoenix. With this strategic move, Crimson Phoenix aims to enhance its offerings and strengthen its presence in the Intelligence Community, further supporting their critical mission requirements.

The acquisition brings significant value to Crimson Phoenix, expanding its expertise and workforce. Both TekMasters and Seaford Consulting are well-established entities with a combined workforce of over 120 highly cleared employees specializing in software engineering, data science, financial consulting, business intelligence, and program management. This integration will enable Crimson Phoenix to provide a broader and more comprehensive range of services to its customers.

Ross O'Rourke, CEO of Crimson Phoenix, expressed his enthusiasm about the acquisition, stating, "The addition of TekMasters and Seaford represents our ongoing commitment to invest in capabilities and resources to support our core Intelligence Community customers. We are thrilled to have these two highly respected companies join the Crimson Phoenix team, and we believe that their expertise will bring immense value to our operations."

The CEOs of TekMasters and Seaford Consulting also shared their excitement about the merger. Tommy Seaford, CEO and Founder of Seaford Consulting, highlighted the growth opportunities and expanded customer portfolio that being part of Crimson Phoenix will provide. Similarly, Ramzy Megally, CEO and Founder of TekMasters, conveyed his eagerness for the partnership, emphasizing the potential for advancement it offers to their dedicated employees.

Through this acquisition, Crimson Phoenix solidifies its position as a leading digital, data, and intelligence analysis platform serving the U.S. Intelligence Community and Special Operations Command. The company's headquarters are located in the DC/Virginia area, allowing it to remain at the forefront of critical mission requirements. Crimson Phoenix offers a differentiated suite of mission-critical capabilities, including Artificial Intelligence & Machine Learning, cybersecurity, digital and data enablement, software development, and intelligence targeting and analysis.

Godspeed Capital, as the driving force behind this merger, is a lower middle-market private equity firm specializing in Defense and Government services, solutions, and technology. The firm partners with forward-thinking management teams and offers unique sector expertise, operational insight, and flexible capital for growth. By investing alongside management teams, Godspeed Capital supports companies generating approximately $3 million to $30 million of EBITDA, with the capability to complete larger transactions through strategic co-invest relationships. Their focus includes control buyouts, buy-and-builds, corporate carve-outs, and special situations.

Latham & Watkins LLP provided advisory services to Godspeed Capital throughout the acquisition process.

For more information about Crimson Phoenix and its mission-critical capabilities and solutions, visit their website at www.CrimsonPhoenix.com. To learn more about Godspeed Capital Partners and their investments in Defense and Government services, visit www.godspeedcm.com.

In conclusion, the acquisition of TekMasters and Seaford Consulting by Crimson Phoenix marks a significant milestone in expanding the firm's intelligence capabilities. With a broader portfolio of services and an increased workforce, Crimson Phoenix is well-positioned to meet the evolving needs of the Intelligence Community. This strategic move aligns with Godspeed Capital's vision of investing in innovative solutions and supporting the growth of companies in the Defense and Government sector.