Systems integrator By Light Professional IT Services LLC, a portfolio company of Sagewind Capital LLC, has acquired Veraxx Engineering Corp.
“The acquisition of Veraxx strategically broadens By Light’s existing capabilities within modeling & simulation and virtual training,” said By Light Founder and CEO Bob Donahue.
Veraxx provides immersive, high-fidelity flight simulation training technologies for the Defense Department. Services include full lifecycle support, development and enhancement of flight simulation training devices and exercises like customized flight training devices, hardware and software, and ongoing maintenance and customizations as the platform and military training mission evolves.
“Veraxx further enhances our efforts to expand our product offerings and technology solutions,” Donahue added. “We look forward to augmenting By Light’s synthetic training environment capabilities to include Veraxx’s full-flight simulators and expand our expertise to include additional platform aircraft.”
Veraxx customers include the U.S. Navy, the Marine Corps and the Army, and it has expertise in a variety of aircraft platforms such as the V-22 Osprey, the CH-53 King Stallion and the MH family of helicopters.
“We are thrilled to join the By Light family,” said Veraxx Co-Founder and CEO Chris Conrad. “By joining By Light, we’ll be able to combine our core capabilities to offer an expanded set of products and services. We are looking forward to working together as part of a greater team that aligns so well with our existing culture and commitment to our customers.”
Financial terms of the transaction were not announced.