By Light Professional IT Services Acquires Veraxx Engineering Corporation
August 1, 2022
By Light Professional IT Services, a Sagewind Capital portfolio company, has acquired Veraxx Engineering Corporation, a Chantilly, Virginia-based provider of high-fidelity flight simulation and training technologies for the U.S. Department of Defense. The acquisition expands By Light’s modeling & simulation and synthetic training capabilities; financial terms were not disclosed.
- Targets
- Veraxx Engineering Corporation
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Transaction Type
- Buyout
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