Lightyear to make 4x its money with Advisor Group sale

Lightyear Capital, Advisor Group, Reverence Capital Partners, private equity, fintech, merger, M&A
Deagreez/iStcok/Getty Images
After a three-year hold, Lightyear Capital stands to quadruple its investment with the sale of Advisor Group, a source said. Reverence Capital Partners said May 9 that it was buying a majority of Advisor Group. Terms weren’t disclosed, but a ...

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