Announcements and news
Tyson’s Corner, Virginia – August 21, 2025 – growth[period], a provider of business development and transaction advisory services worldwide, today announced that Lance Spencer has joined the firm’s executive leadership team as Principal, Federal, Aerospace & Defense. Based out of growth[period]’s Virginia office, he will advise clients in the defense, aerospace, cyber, and technology sectors on growth strategies, innovation initiatives, and market expansion.
“Lance’s record of achievement across both military and commercial leadership is unparalleled,” says Courtney B. Spaeth, CEO of growth[period]. “His ability to drive innovation, forge strategic alliances, and lead transformative initiatives in emerging technologies such as 5G and cyberspace operations will provide tremendous value to our clients as they navigate today’s competitive and rapidly evolving marketplace.”
Mr. Spencer is an award-winning corporate P&L and military leader with experience driving results through talent acquisition, strategic partnerships, and innovative solutions. He most recently served as Client Executive Vice President – Defense at AT&T Global Public Sector, where he reshaped the business into a market-defining leader, generating $1.5B+ in new sales. His accomplishments include launching the Air Force Enterprise IT as a Service programs, leading DoD’s 5G innovation efforts, and spearheading a consortium of 30+ global companies that secured a CHIPS Act grant to accelerate next-generation wireless networks.
Prior to AT&T, Mr. Spencer served 26 years in the United States Air Force, retiring as a Colonel. He held senior leadership roles at the Pentagon, the National Guard Bureau, and multiple Major Commands. Mr. Spencer has been inducted into the Air Force Cyberspace Hall of Fame and the AT&T Diamond Club (2019, top 1%). He earned a bachelor’s degree in Electrical Engineering from Tulane University, a master’s in Engineering from the University of Nebraska, and completed the Air War College.
About growth[period]
For more than 18 years, growth[period]’s management consulting, business development, strategy, and transaction advisory services have focused on serving the principal challenges faced by federal contractors and commercial businesses entering the federal marketplace. The firm is nationally recognized as a leading provider to growing and established clients seeking assistance to complete sophisticated corporate and technology transactions; manage entry into the federal government contracting industry; navigate the federal marketplace; represent them in partnering agreements; and advise them on diligence matters. With deep roots globally, growth[period] has more than 50 experts and offices in multiple markets across the United States, Canada, Latin America, Asia, and Europe. For more information, please visit www.growthprd.com.
CONTACT
Talia Frey
703 556 0111
info@growthprd.com
Tyson’s Corner, Virginia – June 2, 2025 – growth[period], a leading provider of business development and transaction advisory services, is pleased to announce the return of Thomas Shane as Senior Partner and Chief Operating Officer (COO). In his new role, Thomas will facilitate management of the firm, focusing on client relationships, retention, and new business development.
Thomas previously served as Research Analyst (2015-2016) and Senior Director (2017-2023) at growth[period], where he focused on corporate strategy development, business development, and tactical execution in the Aerospace, Defense, Technology, Telecommunications, and Industrial market sectors. His work involved pre- and post-acquisition diligence and integration projects, supporting strategic acquirers, private equity firms, and other investors. Over his tenure, Thomas built deep expertise, helping guide growth[period]'s clients toward meaningful results and sustainable growth.
“We are thrilled to welcome Thomas back to growth[period],” said Courtney B. Spaeth, CEO of growth[period]. “His extensive experience, in-depth industry knowledge, and ability to execute on strategic initiatives make him the ideal fit for this key leadership role. Thomas’s passion for both long-term strategy and hands-on execution will be instrumental as we continue to scale our services and deliver exceptional value to our clients.”
In his new role as Senior Partner and COO, Thomas will balance high-level strategic oversight with day-to-day operational leadership, ensuring growth[period]’s continued success in serving its clients across various sectors, including aerospace, defense, and technology. He will focus on driving growth through tailored business development strategies, operational excellence, and fostering new opportunities for the firm.
Before his time at growth[period], Thomas held key positions with Management Solutions, Deloitte, and Metrea, a private equity-backed aerospace company. His broad background in corporate strategy, operational management, and acquisition integration will help strengthen growth[period]’s capabilities and enhance the firm’s ability to support clients across the aerospace, defense, and technology sectors.
Thomas holds an MBA from Georgetown University’s McDonough School of Business and a Bachelor’s degree in Economics from Birmingham-Southern College.
About growth[period]
For more than 18 years, growth[period] has been a recognized leader in management consulting, business development, and transaction advisory services. The firm specializes in assisting clients with complex corporate transactions, market entry strategies, federal government contracting, and business growth. With offices in multiple regions globally, growth[period] continues to provide actionable, experience-driven advice to clients across industries, enabling them to navigate change and achieve success.
For more information about growth[period], please visit www.growthprd.com.
CONTACT:
Ashley Scrivner
Phone: 703-556-0111
Email: info@growthprd.com
May 2025 - growth[period] is proud to announce that we have been selected as a 2025 Best Place to Work by the Washington Business Journal. growth[period] ranked 3rd out of 20 companies awarded in the small business category. This is the ninth time that growth[period]has placed on the Best Places to Work List.
Every year the Washington Business Journal honors 85 companies as the ‘Best Places to Work’ in the D.C. area. Winners received this distinction by scoring the highest among hundreds of employers that participated in an annual employee engagement survey. Honorees are featured in the May 16 issue of the Washington Business Journal. Find the complete list of companies here.
Thanks to senior analyst John Albrecht for accepting the award on the company's behalf.
About growth[period]
For more than 18 years, growth[period]’s management consulting, business development, strategy and transaction advisory services have focused on serving the principal challenges faced by the federal contractors and commercial businesses hoping to enter the federal marketplace. The firm is nationally recognized as a leading provider to growing and established clients seeking assistance to complete sophisticated corporate and technology transactions; manage entry into the federal government contracting industry; assist with navigating the federal marketplace; represent them in partnering agreements; and/or advise them on diligence matters. With deep roots globally, growth[period] has more than 50 experts and offices in multiple markets across the United States, Canada, Latin America, Asia and Europe. For more information, please visit www.growthprd.com