Battle Group is an Atlanta-based private investment management firm sponsoring institutional-backed
investment funds that seek to support the long-term expansion and success of enterprises and management
teams operating in the North American defense, government, aerospace, telecommunications, and critical
infrastructure sectors. Battle Group employs a unique operating model that allows it to maintain a long-
term focus and commitment to its core operating principles of partnership, quality, and growth. The Firm
strives to be “business builders” and the partner of choice for founders, management teams, and other
investment firms seeking liquidity and a growth-oriented partner. The Firm was established in 2015, and
the controlling member is David M. Battle, Jr.
Battle Group provides discretionary investment advisory services to multiple private equity funds
(collectively, the “Funds”) through which it is closely partnered with high-quality, long term-oriented
institutional and individual limited partners (“LPs” or “Clients”). The Firm employs a proactive
investment sourcing model that actively seeks situations in which its strategic involvement can materially
contribute to and accelerate the organic and acquisitive growth and expansion of its business
partnerships. The Firm seeks to leverage its deep industry experience and strategic partner network to
create significant value for its portfolio investments.
Attractive scenarios for the Firm include (i) family- or entrepreneur-owned businesses, (ii) employee-
owned businesses or ESOPs, (iii) non-core assets or government contract vehicles owned by larger
corporations, and (iv) enterprise formation with strategic partners. Target enterprises will most likely have
between $5-100 million of annual revenue, and the Firm seeks to write equity checks of between $5-20
million, although the Firm has the financial capability to support larger transactions that meet its investment
criteria via the use of opportunistic special purpose co-invest vehicles (such co-investment vehicles, “Co-
Invest Funds”).
Battle Group currently manages two blind pool committed capital funds: Battle Opportunities, LP (2016
vintage; “Fund I”) and Battle Opportunities II, LP (2021 vintage; “Fund II”). These private investment
partnerships (and other Funds managed by the Firm) are open only to eligible investors and are comprised
of institutions and families that the Firm trusts and respects. The General Partners of these Funds are Battle
Opportunities GP, LLC and Battle Opportunities II GP, LLC, respectively. Both entities are Delaware
limited liability companies and are wholly owned and controlled by Battle Investment Group, LLC.
References to Battle Group in this Firm Brochure include, as the context requires, any investments affiliates
including the general partners of the Funds. And all references to Funds herein are intended to encompass
the Co-Invest Funds except when indicated otherwise.
In addition to its two primary Funds, Battle Group has also organized a Co-Invest Fund for the purpose of
co-investing alongside a Fund I investment, Dynamic NC Investment Holdings, LP (“DNIH”). The Firm
may use a similar co-investment strategy in the future to support investments in portfolio companies
alongside investments made by the Funds. The General Partner of DNIH is Battle Opportunities GP, LLC.
Battle Group tailors its advisory services to the specific investment objectives and restrictions of each Fund.
Investors and prospective investors in the Funds should refer to the confidential private placement
memorandum, limited partnership agreement, and other governing documents for each Fund (the
“Governing Documents”) for more complete information on the investment objectives and investment
restrictions with respect to a particular Fund. There is no assurance that any of the Funds’ investment
objectives will be achieved. For the avoidance of doubt, the latest applicable Fund limited partnership
agreement, as amended from time to time, is the primary governing document if there are any conflicts with
other Governing Documents.
The Funds are offered exclusively to accredited investors (as defined in Regulation D under the Securities
Act of 1933, as amended) and/or qualified purchasers pursuant to Section 3(c)(1) and usually Section
3(c)(7) of the Investment Company Act of 1940 (as amended, the “Company Act”), and are therefore not
required to register as investment companies under the Company Act in reliance upon certain exemptions
available to private investment funds whose securities are not publicly offered.
In accordance with common industry practice, one or more of the Funds general partners has, and may in
the future, enter into “side letters” or similar agreements with certain investors pursuant to which the general
partner grants the investor specific rights, benefits, or privileges that are not made available to investors
generally.
Battle Group manages all client assets on a discretionary basis in accordance with the terms and conditions
of each Fund’s Governing Documents. As of December 31, 2023, the amount of assets Battle Group
manages on a discretionary basis is $282,349,252.