June 25, 2024 | Washington, D.C.
Mufson Howe Hunter & Co. is pleased to announce the acquisition of Verocel, Inc. by Wisk Aero, LLC, a wholly-owned subsidiary of The Boeing Company.
Verocel, Inc. is a leading player in the verification & validation (V&V) of high-integrity software products primarily for the aerospace industry. Verocel’s expertise is in supporting the certification of high-integrity aerospace software and the qualification of V&V tools.
Wisk Aero, LLC provides urban air mobility services, which include autonomous flight, rotor safety systems, redundant systems, and parachute descent services. Wisk’s self-flying, eVTOL air taxi will make it possible for passengers to skip the traffic and get to their destination faster.
Mufson Howe Hunter served as exclusive financial advisor to Verocel, Inc.
Mufson Howe Hunter, an investment banking firm established in 2003, focuses on merger and acquisition transactions as well as the placement of growth capital for middle-market companies. Mufson Howe Hunter’s senior investment bankers each has over two decades of transactional experience across business services, consumer, industrials, and technology services sectors. Mufson Howe Hunter advises both public and private companies, with a particular focus on family-held and privately-owned businesses.