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Lightyear Capital and Ontario Teachers' Pension Plan to Acquire Lendmark Financial Services

Jun 27, 2019 - Business Wire
Mergers and Acquisitions-Partnership Announcement

Investment funds affiliated with Lightyear Capital LLC ("Lightyear"), a New York-based private equity firm focused on financial services, and the Ontario Teachers' Pension Plan ("Ontario Teachers'") announced today that they have agreed to acquire Lendmark Financial Services, LLC ("Lendmark" or the "Company") from private equity funds managed by The Blackstone Group L.P. ("Blackstone"). The senior management team of Lendmark will remain in leadership positions and remain shareholders as part of ...