Our Approach
A Strategic Partner for Growing Businesses
Domain Expertise
Defense and Government Services is all we do. This specialization allows us to move quickly, be highly competitive on terms, and ensure an efficient diligence process.
Flexible Capital
Donovan Capital provides multiple capital solutions tailored to the unique needs of each investment opportunity. Because we are a family office with $300 Million in pledged capital, we have the flexibility to pursue non-traditional opportunities, think long-term, and be creative. Our typical investment structures include:
Equity Co-Investment
Senior or Subordinated Term Debt
First Lien or Second Lien Term Debt
Cash Flow Lending
Unitranche Debt
Mezzanine Debt
Special Situation Lending
Our Niche
Within Defense and Government Services, we are sub-industry agnostic and frequently work with service, manufacturing, industrial, hardware, technology, and software businesses, including companies with dual government and commercial/civilian customers. Additionally, we are uniquely positioned to support government contractors that do highly critical and sensitive work for the U.S. Government.
Partnering with Financial Sponsors
In addition to making direct investments, DCG actively partners with financial sponsors (private equity and search funds) and independent sponsors (fundless sponsors) in M&A transactions.
To learn more about how we specifically work with independent sponsors, please click here.
Investment Criteria
Growing company with a U.S. Federal Government end customer
Exceptional management team committed to future growth
EBITDA of at least $3 Million
Revenue of $10 to $100+ Million
Check size of $5 to $30 Million
U.S. based business