How to create MSIX package with dependencies

Question

I have a WIn32 app (.msi) that is installed with a bootstrapper setup.exe because it has two dependencies that need to be installed: (1) MS SQL LocalDB (.msi) and (2) MS Visual C++ lib (.exe). I would like to create an MSIX package. How do I handle the dependencies? Can they be packaged as MSIX and installed with scripts using PSF or is there a better way?