Lightyear - backed Wealth Enhancement Group acquires Planning Solutions.

Wealth Enhancement Group, a portfolio firm of Lightyear Capital, a financial service - focused private equity firm, signs a definitive agreement to acquire Planning Solutions Group, a hybrid independent financial advisory firm. Financial terms were not disclosed. The acquisition is the firm's twelfth since the end of 2013 and is more evidence that it is establishing itself as a leading national wealth management and financial planning brand through both organic growth and targeted acquisitions. "We are thrilled to announce that the addition of a business such as Planning Solutions Group helps us immensely. We look forward to great things as we work with them in the future." Jeff Dekko, Wealth Enhancement Group CEO.