By Light Acquires Metova Federal

By Light Professional IT Services Acquires Phacil, Inc.

March 25, 2019

IT Services

By Light Professional IT Services LLC, a Sagewind Capital‑backed provider of federal IT, cloud and cyber solutions, has acquired Phacil, Inc., a diversified software, cybersecurity, systems engineering and managed‑services contractor to the U.S. government. The acquisition, By Light’s second under Sagewind ownership, expands the company’s capabilities across cloud, cybersecurity, systems engineering and AI to better serve Department of Defense and civilian agency clients.

By Light Professional IT Services Acquires Veraxx Engineering Corporation

August 1, 2022

Aerospace & Defense

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.

By Light Professional IT Services Acquires Raydon Corporation

December 4, 2020

Aerospace & Defense

By Light Professional IT Services, a portfolio company of Sagewind Capital, has acquired Raydon Corporation, a Port Orange, Florida-based provider of virtual training and simulation technology for the U.S. Department of Defense. The acquisition expands By Light's modeling & simulation and virtual training capabilities; financial terms were not disclosed and Truist Securities served as Raydon's exclusive financial advisor.

By Light Acquires Cole Engineering Services, Inc.

September 20, 2019

Aerospace & Defense

By Light Professional IT Services LLC has entered into a definitive agreement to acquire Cole Engineering Services, Inc. (CESI), a developer and integrator of modeling, simulation and training systems for military and first-responder customers. The deal, subject to CESI shareholder and regulatory approvals, is expected to close in early Q4 2019 and will add CESI's simulation engineering capabilities and program footprint to By Light's government systems integration platform.

By Light Acquires Dignitas Technologies

February 10, 2026

Aerospace & Defense

By Light Professional IT Services, a portfolio company of Sagewind Capital, has acquired Orlando-based Dignitas Technologies, a provider of modeling, simulation and training (MS&T) products and mission rehearsal applications. Financial terms were not disclosed; the acquisition expands By Light's synthetic and cyber training capabilities and integrates Dignitas' work supporting multiple U.S. military branches and programs such as the F-35, ACTS II and NGC.

Synova Private Equity Acquires Learnlight from Beech Tree Private Equity

March 23, 2023

Education

Synova Private Equity has acquired Learnlight, a digital-first language and skills training provider, from Beech Tree Private Equity. Learnlight, headquartered in London, has scaled rapidly under Beech Tree—growing virtual training ~40% p.a., serving 1,200+ corporate customers across 40+ countries and increasing EBITDA five-fold—positioning it for further growth under Synova.