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New Deal


Announced

Completed

Lightyear Capital sold Paradigm Outcomes to Summit Partners.

Financials

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Transaction Value-
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Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
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Acquisition

United States

employee compensation

Private

Private Equity

Outsourced HR and Staffing

Completed

Synopsis

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Lightyear Capital sold Paradigm Outcomes, the largest nationwide provider of outsourced catastrophic workers’ compensation case management services for insurance companies and self-insured employers, to Summit Partners. Financial terms were not disclosed. “We are very pleased with the outcome of this investment in Paradigm,” said Donald B. Marron, Chairman and Founder of Lightyear. “Under Lightyear’s ownership, Paradigm’s management successfully positioned the firm for the future with strong revenue and EBITDA growth in the three years we have owned the business.”

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