Advised DiSTI, the pioneer and leading provider of customized 3D virtual maintenance training solutions and graphical user interface software, on its partnership with private equity firm Dos Rios Partners.

DiSTI provides software development toolkits and custom development services for creating 3-D user interfaces that support human machine interaction and in particular, virtual simulations used for training purposes within the aerospace and defense industry. Over the past 20 years, DiSTI has pioneered the development and commercialization of virtual maintenance training (VMT) solutions and its graphical user interface software remains the industry standard. Leading companies worldwide use DiSTI’s products to help teach complex technical activities, such as maintenance on airplanes, rotary wing and other combat vehicles, and on various engines. GL Studio®, its successful line of human machine interface tools, also supports a wide range of applications in the medical device, aircraft display, automotive display, embedded systems and mobile device markets.

Dos Rios is a private equity firm based in Austin, Texas that invests in privately-owned niche businesses. The firm prefers to invest in companies that are entrepreneur or family-owned with attractive growth prospects, a solid management team and the need for not only capital, but also operational expertise. Its lead partner in this transaction was Kevin Benoit.

Akoya Capital is a sector focused investment firm that creates and nurtures partnerships between management and capital. DiSTI, a company that offers best-in-class products and services is well positioned to enjoy considerable growth with its new investment partners. Transaction terms were not disclosed.