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BNP Associates, Inc. Acquisition d'Establish, Inc.

June 5, 2025

image overlay Cargo facility and aircraft parked at gate with company logos

FAIRFIELD, Conn. – JUNE 5, 2025, BNP Associates, Inc. (“BNP” or the “Company”) a leading air transportation design and engineering firm backed by Godspeed Capital Management LP (“Godspeed Capital”), today announced the acquisition of Establish, Inc. (“Establish”), a global consulting firm specializing in warehousing and supply chain logistics. The acquisition of Establish strengthens BNP’s capabilities with a holistic suite of consulting services for clients across the aviation, warehousing and logistics industries.

Headquartered in New York, Establish is a consulting firm with a 50-year history of optimizing supply chain networks through a combination of analytics, supply planning strategy, and design expertise. Through this acquisition, BNP will provide additional logistics services to its growing roster of aviation clients while bringing innovative solutions to airports from emerging and proven technologies in the adjacent warehousing space. BNP’s simulation tools and expertise will enhance Establish’s ability to model complex supply chain and warehouse projects, and the companies’ combined worldwide exposure will contribute to greater reach and market opportunities.

“The strategic acquisition of Establish will significantly enhance BNP’s market position and offerings,” remarked Damien Breier, CEO of BNP. “By leveraging our synergistic strengths, clients will be better supported with innovative, industry-leading design and logistics expertise for every project. Our teams will have a greater depth of knowledge, a wider range of tools to draw from, and more opportunities to work on exciting and challenging projects. We are excited to welcome Establish to the BNP family and to partner with Håkan and his dedicated team of outstanding professionals.”

“We’ve spent a significant amount of time with BNP’s team and are confident that the Company is the right partner for us to continue to build upon our businesses’ growth,” said Håkan Andersson, Principal Owner of Establish. “Our partnership will make us a stronger logistics partner, enable us to take on larger projects with more automation, and provide additional, complementary capabilities to BNP’s aviation clients. We look forward to working with BNP’s experienced management team and talented employees to drive our next phase of growth.”

“The addition of Establish and its expertise is an exciting development for BNP that will further strengthen the platform’s leadership position within the air transportation design and engineering sector,” said James Reid, Principal at Godspeed Capital. “Establish’s long track record of consulting success will powerfully complement BNP’s industry-leading offerings as the Company looks to further develop innovative solutions for its clients as the premier partner for the global aviation and engineering design sector.”

The transaction marks the first acquisition by BNP since launching as Godspeed Capital’s 8th dedicated platform brand in the fall of 2024.

About Establish Inc.

Establish Inc. is a New York-headquartered consulting firm offering specialized services designing and optimizing supply chain networks and warehouse solutions. Over the last 50 years, Establish has successfully completed over 2,300 projects, including assignments for some of the largest and best-known corporations in North America and Europe as well as smaller companies. Establish’s highly experienced supply chain management consultants, mathematicians, and analysts leverage state-of-the-art tools and quantitative analytics to provide unbiased, customer-centric solutions for clients and implement recommendations to ensure the greatest impact. For more information, please visit: https://www.establishinc.com/.

About BNP Associates, Inc.

BNP Associates, Inc. is a full-service air transportation consulting and engineering firm focused on airport infrastructure projects globally. Headquartered in Fairfield, CT, BNP has proudly served its clients since 1971, executing across thousands of projects throughout the world to ensure reliability, efficiency, and effectiveness in the air transportation market.

About Godspeed Capital

Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations. For more information, please visit the Godspeed Capital website at www.godspeed.com.

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