M&A Deal Summary

By Light Acquires Veraxx

On August 1, 2022, By Light acquired aerospace company Veraxx

Acquisition Highlights
  • This is By Light’s 1st transaction in the Aerospace sector.
  • This is By Light’s 5th transaction in the United States.
  • This is By Light’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2022-08-01
Target Veraxx
Sector Aerospace
Buyer(s) By Light
Deal Type Add-on Acquisition

Target

Veraxx

Chantilly, Virginia, United States
Veraxx provides complex, high-fidelity aircraft modeling & simulation training technology solutions to the U.S. military through hardware, software, and multi-networked environments. The Company designs and develops realistic and immersive simulators that enable mission rehearsal exercises for multiple aircraft platforms for both pilots and crews across the DoD. Veraxx was founded in 1999 and is headquartered in Chantilly, Virginia.

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Buyer(S) 1

Buyer

By Light

McLean, Virginia, United States
Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

By Light is a provider of IT, cloud, cyber and infrastructure solutions to the US Federal Government. It provides services primarily to the department of defense, veterans affairs, defense information systems agency, and the intelligence community. By Light was founded in 2002 and is based in McLean, Virginia.

DEAL STATS #
Overall 5 of 5
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Virginia) 2 of 2
Country (United States) 5 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-04 Raydon

Orange, Florida, United States

Raydon Corp. provides highly adaptable training technology solutions to the U.S. military through hardware, software, IT, systems, and virtual content. The Company designs and develops highly configurable operator stations and simulated vehicles and weapons enabling effective virtual training for warfighters. Raydon was founded in 1988 and is based in Orange, Florida.

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