Sagewind Capital-backed By Light Professional IT Services, an IT services provider, completed the acquisition of Raydon, a provider of military training solutions. Financial terms were not disclosed. "The acquisition of Raydon strategically expands By Light's existing capabilities within modeling & simulation and virtual training. Raydon will enable By Light to provide end-to-end solutions in support of the Army's virtual training, ultimately advancing warfighter proficiency with an extremely high transfer of skills from simulation to live engagement," Bob Donahue, By Light Founder and CEO.