Lovell Minnick Partners to acquire a majority stake in Definiti.

Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, agreed to acquire a majority stake in Definiti, a national retirement services firm. Financial terms were not disclosed. “LMP’s experience, network, history with accelerating M&A strategies and emphasis on client and high-touch services make them an ideal partner to support Definiti’s growth. With LMP as our new partner, our clients and partners should remain assured that we will continue to invest in innovative solutions and client service. We’re confident that LMP understands our business and ecosystem and we look forward to advancing our initiatives alongside them in the years to come,” Tom Gaillard, Definiti CEO.