Varen Technologies Announces Strategic Investment from Godspeed Capital
Summary
Following the transaction, Varen Technologies will remain headquartered in Columbia, Maryland, and continue to be led by President & CEO Marty Leshin and the existing management team. “ Over nearly two decades, Varen Technologies has strived to become the leading advisor and technical partner to our clients, supporting their success across a spectrum of cybersecurity and intelligence mission challenges as they work to help our Nation’s leaders and major government departments,” said Marty Leshin. “ We are proud to partner with Godspeed Capital, whose expertise across the cybersecurity and intelligence marketplace, combined with its collaborative investment approach, will help to guide our business through its next phase of growth in this dynamic and critical market segment.” Douglas T. Lake, Jr., Founder & Managing Partner of Godspeed Capital, said, “ Given the challenges faced by the U.S. Government in combatting cybersecurity and intelligence threats, we see increased demand and a growing market for the services and solutions that are currently provided by Varen Technologies. The Company has established itself as a leading, trusted provider of software development and systems engineering solutions that address our nation’s key cybersecurity and intelligence objectives. We look forward to working closely with the Varen Technologies team to enhance the Company’s core areas of expertise, while pursuing strategic acquisitions that broaden its capabilities and market reach, and provide additional career advancement opportunities for the Company’s employees.” G Squared Capital Partners served as financial advisor and Miles & Stockbridge served as legal advisor to Varen Technologies.