Orlando, FL (January 31, 2017) – The DiSTI Corporation, the pioneer and leading provider of customized 3D virtual maintenance training solutions and graphical user interface software, announces a financial investment from Dos Rios Partners and Akoya Capital Partners. The investment paves the way for significantly expanding DiSTI’s market share of innovative 3-D user interface software tools and services into the aerospace, defense, training, and automotive markets. This strong investment by Dos Rios and Akoya is in recognition of DiSTI’s leadership position and growth potential in 3D virtual maintenance training and user interface development.
The three founding partners of DiSTI, Darren Humphrey, Joe Swinski, and Bill Andrews, continue to serve in their executive roles and sit on the newly formed Board of Directors. The board is comprised of members from Dos Rios, Akoya, and DiSTI with John Regazzi of Akoya serving as Chairman.
DiSTI’s founding partners, with the advice and assistance of Capstone Partners LLC, pursued this strategy with Dos Rios and Akoya based on their highly selective portfolio of sector-based investments in industry leaders and their partnership-focused approach to growing organizations.
“We are very excited to enter into this business partnership with a true industry leader in their field,” said newly elected DiSTI Chairman John Regazzi. “The demand for DiSTI’s interface development products and services are growing significantly based on several key factors. These include the continued expansion of virtualized technical training in both the civil and military markets and the growing use of digital displays within automotive embedded systems.”
John Regazzi has spent over 40 years in the electronic information services and IT industries and has designed, launched, and managed some of the most innovative and well known information services in the professional, scientific, and engineering communities. John spent most of his career with Reed Elsevier, and retired as CEO of Elsevier Inc. (NYSE: ENL).
“When we started this business over 20 years ago, we never imaged we’d be standing here today as the market leader in virtual maintenance training and user interface development,” said DiSTI President Joe Swinski. “When we decided to take this company to the next level we were thrilled to find partners in Dos Rios and Akoya who value the customer-centric leadership position we’ve built and are prepared to help take us to the next level.”