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New Deal


Announced

Completed

Lightyear Capital completed the investment in Prime Pensions.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Domestic

Acquisition

Minority

Private Equity

Completed

United States

retirement plans

Financial Data and Systems

Private

Friendly

Single Bidder

Synopsis

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Lightyear Capital, a private equity firm, completed the investment in Prime Pensions, N independent provider of retirement plan compliance and administration services. Financial terms were not disclosed. “We are excited to welcome Prime Pensions to our portfolio. Our investment in Prime Pensions reflects the intersection of two long-term Lightyear investment themes: the growing need for independent retirement advice and increasing reliance on compliance solutions. We look forward to partnering with Scott and the team at Prime Pensions to continue to scale the business," Mark Vassallo, Lightyear Managing Partner.

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