Lightyear buys eCommission from Milestone

Lightyear Capital, eCommission, Milestone Partners
Photo of real-estate agent with sale sign courtesy of David Sacks/DigitalVision/Getty Images.
  • Milestone acquired eCommission in December 2013
  • eCommission buys advances real estate agents earn
  • Lightyear has so far collected $950 mln for Fund IV
Nearly four years after buying eCommission Financial Services Inc, Milestone Partners has sold the financial-technology company to Lightyear Capital. Terms weren’t disclosed. Lightyear is buying roughly all of eCommission, three sources said. ECommission’s management, including Founder and CEO Sean Whaling, are retaining ...

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