Donovan Capital Group
Donovan Capital Group
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Our Approach

A Strategic Partner for Growing Businesses

Domain Expertise. Aerospace, 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
  • Rescue Financing
  • Special Situation Lending


We do not do venture investing, asset based lending, control transactions, or buyouts.  


Our Niche.  Within Aerospace, 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 $1 Million
  • Revenue of $5 Million to $100+ Million
  • Check size of $2 Million to $50+ Million
  • U.S.-based business

Download our fact sheet

Typical Use Cases

Acquisitions

Founder Liquidity

Acquisitions

We fund strategic acquisitions for companies, private equity sponsors, and independent sponsors, as well as finance management buyouts.

CapEx & R&D

Founder Liquidity

Acquisitions

 DCG provides long-term capital that helps companies invest in their growth. Typical uses include key hires, building SCIFs, and technology & product development. 

Founder Liquidity

Founder Liquidity

Founder Liquidity

We understand the need founders have to take chips off the table.  DCG can provide the liquidity founders require without sacrificing corporate growth.

Recapitalization

Strategic Partner

Founder Liquidity

When the capital structure of a business needs to be adjusted to incentivize key employees or provide the opportunity for others to sell, DCG can help structure the optimal transaction.  

Strategic Partner

Strategic Partner

Strategic Partner

Raising capital provides an opportunity to bring on a needed strategic partner like DCG that can help scale the business, professionalize operations, and secure new customers.

  • Independent Sponsors
  • DCG Namesake
  • DCG Fact Sheet

Donovan Capital Group | Aerospace & Defense Investor & Lender

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