Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Sagewind Capital Portfolio Company Acquires Veraxx Engineering
- Client News
- August 1, 2022
Paul, Weiss advised Sagewind Capital LLC and its portfolio company By Light Professional IT Services LLC, a systems integrator providing IT, leading edge training and simulation platforms and cyberspace operations to federal and commercial clients, in By Light’s acquisition of Veraxx Engineering Corporation. Headquartered in Virginia, Veraxx is a leading provider of immersive, high-fidelity flight simulation training technologies primarily for the U.S. Department of Defense. Financial terms of the transaction were not disclosed.
The Paul, Weiss team includes, among others, corporate partners Ted Ackerman and Robert Zochowski and counsel David Epstein and Julie Martinelli; tax partner Scott Sontag; intellectual property partner Claudine Meredith-Goujon; litigation partner Aidan Synnott and counsel Steven Herzog and Peter Jaffe; real estate partner Peter Fisch; executive compensation partner Rebecca Coccaro and counsel Lisa Krausz Eisenberg; environmental counsel William O’Brien; and antitrust counsel Marta Kelly and Yuni Sobel.