Announced
Completed
Financials
Tags
Domestic
Acquisition
Minority
Private Equity
Completed
United States
retirement plans
Financial Data and Systems
Private
Friendly
Single Bidder
Synopsis
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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