M&A Deal Summary

Sagewind Capital Acquires By Light

On May 15, 2017, private equity firm Sagewind Capital acquired information technology company By Light

Acquisition Highlights
  • This is Sagewind Capital’s 1st transaction in the Information Technology sector.
  • This is Sagewind Capital’s 2nd transaction in the United States.
  • This is Sagewind Capital’s 1st transaction in Virginia.

M&A Deal Summary

Date 2017-05-15
Target By Light
Sector Information Technology
Buyer(s) Sagewind Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

By Light

McLean, Virginia, United States
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.

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Buyer(S) 1

DESCRIPTION

Sagewind Capital is a private equity firm focused on control and co-control investments in companies that have strong management teams in the government, defense, IT, software, business services, and healthcare services. The Firm looks to invest long-term (7 to 10 years) and generally pursues profitable companies with $20 to $250 million of revenue. Sagewind Capital was established in 2015 and is headquartered in New York City.


DEAL STATS #
Overall 3 of 10
Sector (Information Technology) 1 of 5
Type (Buyout (LBO, MBO, MBI)) 2 of 5
State (Virginia) 1 of 3
Country (United States) 2 of 9
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Bioenergy Devco

Annapolis, Maryland, United States

Bioenergy Devco provides anaerobic digestion to recycle organics once destined for incineration or already crowded landfills. This process creates renewable natural gas and healthy living soils. Bioenergy Devco is based in Annapolis, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Gcom

Columbia, Maryland, United States

Gcom provides technology solutions to the public sector, with a focus on modernizing and consolidating legacy IT systems in the public health, human services, public safety, licensing and permitting, and cyber security markets. Gcom was founded in 2005 and is based in Columbia, Maryland.

Buy -