Private aviation safety risk management company Wyvern has been acquired by Venturous Capital, a US private investment group.

Following the transaction, the current leadership and staffing levels will remain unchanged, as will Wyvern's service to customers, and it promises to provide financial resources required for Wyvern's future strategic growth.

“We are very excited about the recent acquisition of Wyvern by Venturous Capital, a US investment firm that passionately supports our mission to elevate safety and security worldwide," says CEO Sonnie Bates. "Venturous is committed to providing Wyvern with all the necessary resources to achieve our goals. Under the new ownership, Wyvern will continue providing excellent service to our customers around the world. Venturous fully approves our strategic objectives in private and commercial aviation, in manned and unmanned aircraft systems, and embraces our core values of integrity, innovation, excellence and positive relationships to achieve our vision that every operator has an effective safety management system.”