By Light Acquires Dignitas Technologies

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.

Tricentis Acquires SeaLights

July 17, 2024

Software

Tricentis, the Austin-based leader in AI-powered continuous testing, has acquired Israeli SaaS quality-intelligence provider SeaLights (deal estimated at around $150 million). The acquisition extends Tricentis' quality intelligence capabilities across the CI/CD pipeline, and SeaLights' team and technology will be integrated into Tricentis' platform; SeaLights co-founder Eran Sher joins Tricentis as EVP and General Manager, Quality Intelligence.

Liongard Acquires DarkLight's Cyio Platform

June 6, 2025

Cybersecurity

Liongard has acquired the DarkLight Cyio platform, an AI-powered vulnerability prioritization and cyber risk solution, to enhance its Attack Surface Management capabilities. The acquisition expands Liongard's platform with real-time threat intelligence, contextual risk scoring, and business-aligned vulnerability insights to better serve MSP and MSSP partners.

LightRidge Solutions Acquires Trident Systems

July 17, 2023

Aerospace & Defense

LightRidge Solutions, a portfolio company of ATL Partners, has acquired Trident Systems, a provider of high-performance space electronics and C4ISR solutions. The add-on deal — terms not disclosed — expands LightRidge's capabilities in space mission computing, increases Trident's production capacity, and brings complementary engineering talent into the LightRidge platform.

Multiverse Acquires Searchlight

April 8, 2024

Software

EdTech company Multiverse has acquired Searchlight, a California-based talent intelligence and skills assessment platform that uses AI to match candidates and close skills gaps. The acquisition will integrate Searchlight's bias-free AI and talent intelligence into Multiverse's apprenticeship and upskilling platform to accelerate AI-driven skills diagnosis and training delivery.

MindPlay Education Acquires LightSail Education

March 21, 2023

Education

MindPlay Education, a portfolio company of New Harbor Capital, has acquired LightSail Education, a K-12 digital literacy and reading platform. The deal expands MindPlay's digital literacy offerings by adding LightSail's library, assessment capabilities, and engagement features to MindPlay's instructional products for schools nationwide.