Blackspoke has been sold to Crimson Phoenix, a portfolio company of Godspeed Capital
About Blackspoke
Founded in 2011, Blackspoke is a leading technology solutions provider to the National Geospatial-Intelligence Agency (NGA) and National Reconnaissance Office (NRO) with core competencies in geospatial solutions, software development and enterprise technology. With deep domain expertise and customer relationships, Blackspoke offers modern software development solutions that deliver mission requirements, primarily as a prime and/or sole-source contractor.
The Deal
Blackspoke sought a partner to fuel its growth trajectory while preserving its unique culture and commitment to delivering exceptional service to government and national security customers. Leveraging deep industry expertise and robust relationships in the national security sector, Lincoln crafted a tailored outreach strategy that attracted interest from multiple premier buyers with Crimson Phoenix, a portfolio company of Godspeed Capital, emerged as the winning bidder and closed the transaction on December 30, 2024.
Our Perspective
As a leading provider of software development solutions and technology enabled capabilities, Blackspoke is a mission-enabling partner to coveted Intelligence Community customers, including NGA and NRO, that commanded strong interest in the M&A market. With an unwavering mission commitment, modern technology strategy and complementary customer base, Crimson Phoenix emerged as the ideal partner to further drive Blackspoke’s growth and market leadership. This transaction marks the fifth sale completed by our principals over the last several years of companies supporting the GEOINT technology community and reflects Lincoln’s deep expertise in government services and defense technology.
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