FVLCRUM buys military simulation firm FTS to build a defense training platform
What's the deal? Private equity firm FVLCRUM FundsDealroom has a profile for this one. Try Dealroom → has acquired Fidelity Technology Services (FTS)Dealroom has a profile for this one. Try Dealroom →, a provider of military simulation training systems for the US Department of War and allied nations. Terms were not disclosed. The deal was announced in October 2026.
What does FTS do? Founded in 1987 and based in Reading, Pennsylvania, FTS supplies training and simulation services to the US Navy, US Air Force, and allied defense partners. The company has delivered simulation systems and field support for key Department of War programs for decades.
What's the endgame? FTS joins FVLCRUM's portfolio under its Project Maverick strategy, alongside Advanced IT ConceptsDealroom has a profile for this one. Try Dealroom →, which provides IT integration, cybersecurity, and simulation services. Together they form a flight simulation and training platform spanning all branches of the US military.
How is it structured? FTS and Advanced IT will operate as independent entities for contracting purposes, rolling up under the FVLCRUM Maverick Acquisition Company. The strategy is led by chief executive officer Juan Navarro.
Navarro said FTS will bring "a full array of industry-leading solutions that complement Advanced IT's IT and simulation offerings."
Why now? FVLCRUM partner Andre Castillo framed the deal as part of the firm's focus on military readiness. The acquisition "reflects FVLCRUM's commitment to serving the readiness of U.S. military personnel through partnerships with strong management teams," he said.
The signal: FVLCRUM, which invests in lower middle-market firms serving large enterprises and governments, is assembling a consolidated defense training platform through bolt-on acquisitions. By combining complementary simulation and IT capabilities under one roof, the firm is positioning to win broader contracts across the defense community.
Read more: businesswire.com
Image credit: Eric Friedebach
