Donovan Capital Group

What is Donovan Capital Group?

Donovan Capital Group (DCG) is a venture capital firm based in the USA that specializes in providing debt and equity financing solutions to businesses within the Defense and Government Services sectors.

They offer flexible capital solutions to companies that deliver mission-critical products and services to the U.S. government, with an emphasis on long-term partnership.

Their investment approach leans toward companies that can impact national security, including those operating in hardware, manufacturing, GovTech, logistics, distribution, and aerospace and defense industries; however, they avoid purely defense-only enterprises, early-stage startups, and non-profitable ventures.

DCG has a particular interest in technologies and products that can strengthen U.S. national security, including those that could be valuable to agencies like the U.S. Department of Defense, Central Intelligence Agency, and National Security Agency. With investment amounts ranging from $2 to $4 million, they focus on early, seed, Series A, and Series B funding rounds.

Their team, with former leaders from U.S. government agencies and experience in scaling businesses, offers strategic investments and an understanding of the complexities of government contracting. DCG's flexible capital solutions include senior or subordinated term debt, first or second lien term debt, cash flow lending, unitranche debt, mezzanine debt, special situation lending, and minority equity.

They look for growing companies with a U.S. Federal Government end customer, an exceptional management team, TTM EBITDA of $3+ million, revenue of $10 million to $100+ million, and they are a preferred partner for financial and independent sponsors in M&A transactions.