First addition to Godspeed Capital’s AEC Services Platform, Stengel Hill Architecture, Accelerates Growth in Attractive California Market
Godspeed Capital Management LP (“Godspeed”), a lower middle market Defense & Government services, solutions, and technology focused private equity firm, today announced the acquisition of Smith Consulting Architects (“SCA”) by its architectural, engineering, and consulting (“AEC”) services platform, Stengel Hill Architecture (“SHA”). SHA is an award-winning master planning, architecture design and interior design firm focused on serving the U.S. healthcare facilities market. The transaction marks the first addition to SHA’s growing platform of companies and extends its geographic footprint into California.
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Founded in 1988 by Cheryl (Dennie) Smith in San Diego, California, SCA is an award-winning firm specializing in master planning, architecture design, and interior design. SCA’s diverse portfolio includes industrial, healthcare, R&D, laboratory, retail, manufacturing, and LEED certified facilities for end-users, government clients, and real estate developers. The firm employs fifteen professionals whose track record for quality design work and technical competence have helped SCA attract and retain many prestigious clients in a variety of end markets.
“We are pleased to welcome Smith Consulting Architects to the SHA platform, as its established footprint and sector expertise in the California architecture and design market will materially expand the reach and breadth of our services,” said Brad Stengel, Senior Principal and Founding Partner of SHA. “SCA’s highly experienced, licensed, and accredited team comprises some of the industry’s top professionals, and the platform has built a reputation for excellence that will help diversify our growing portfolio of clients across the U.S. healthcare facilities market.”
“We are excited to significantly grow our presence in the sizeable California market with the addition of Smith Consulting Architects to the SHA platform,” remarked Chip Hill, Senior Principal and Founding Partner of SHA. “With its track-record of success executing projects across industrial, government, healthcare and retail markets, and talented team of dedicated professionals, SCA is an ideal fit for SHA’s national growth strategy.”
Latham & Watkins LLP acted as legal advisor to Godspeed Capital.
About Stengel Hill Architecture
Stengel Hill Architecture (SHA) was founded in 1996 by Bradford (Brad) Stengel and Charles (Chip) Hill. SHA is a full service Architectural and Interior Design Firm with offices in Louisville and Lexington, Kentucky. Their combined experience in the design of complex institutional, healthcare, and educational facilities totals more than 60 years. 27+ years in, Brad and Chip continue to provide the leadership to grow their business through long-term dedication to clients and commitment to providing an exceptional work environment for SHA’s professional staff. For more information, please visit the Stengel Hill Architecture website at www.stengelhill.com.
About Godspeed Capital Partners
Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations. For more information, please visit the Godspeed Capital website at www.godspeedcm.com.
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Contacts
For Godspeed Capital:
Alex Jeffrey/Iain Hughes
Gasthalter & Co.
(212) 257-4170
godspeed@gasthalter.com