Generational Group, a leading M&A advisory firm for privately held businesses, is pleased to announce the sale of Concordia Technologies to Special Aerospace Services (SAS), a platform backed by Godspeed Capital Management. The acquisition, which closed on October 24, 2024, positions SAS as a leader in hypersonic weapons and missile defense systems.
Based in Huntsville, Alabama, Concordia Technologies specializes in advanced engineering, modeling and simulation, and rapid prototyping for national defense and aerospace missions. Tim Johnson, CEO and Co-founder of Concordia Technologies, expressed enthusiasm for the new partnership, stating, “We are excited to join SAS, whose commitment to national defense and space initiatives complements our expertise in hypersonics and missile defense. Together, we will accelerate the development of critical technologies to shape the future of defense.”
SAS provides engineering services, missile defense solutions, and mission-critical communications technologies to NASA, the Department of Defense, and the commercial space sector. Headquartered in Huntsville, Alabama, SAS also has offices in Colorado and California. CEO Heather Bulk noted, “Integrating Concordia’s experience in hypersonics and missile defense aligns perfectly with our mission to enhance national security space capabilities. This acquisition strengthens our ability to advance defense technologies crucial to our nation’s security.”
Godspeed Capital, a private equity firm focused on the defense and government services sector, supported the acquisition. The firm invests alongside management teams to foster growth through innovative partnerships and flexible capital solutions. Nat Fogg, Partner at Godspeed Capital, added, We are excited to partner with SAS and Concordia Technologies to drive growth and support the continued development of national defense initiatives.
Brad Vick, Co-founder and President of Concordia Technologies, emphasized the benefits of the acquisition, saying, “This partnership with SAS strengthens our ability to serve our missile defense customers and advance critical national security space missions.”
Generational Group facilitated the transaction, with Jacob Mangalath, Vice President of M&A, and Michael Goss, Executive Managing Director, leading the deal. Roger Dean and J.A. Schram established the initial relationship with Concordia Technologies. The transaction enhances SAS’s position as a key player in the missile defense and hypersonic weapons sectors, supporting U.S. defense and space efforts.
The merger positions Concordia Technologies and SAS for exceptional growth, ensuring the continued success of Concordia’s legacy in advancing defense technologies.
