Lightyear Capital to Acquire PayByPhone From Corpay

Lightyear Capital Takes Majority Stake in Prosperity Partners

July 14, 2026

Professional Services

Lightyear Capital is making a majority growth investment in Prosperity Partners, a Chicago-based tax, client accounting, and transaction support services firm. The deal is expected to close in Q3 2026, subject to regulatory approvals, while Unity Partners will retain a minority stake.

Corpay Acquires GPS Capital Markets

June 19, 2024

Payments & Fintech

Corpay, a global corporate payments company, completed its acquisition of GPS Capital Markets, a business-to-business cross-border and treasury management solutions provider focused on upper middle-market companies in the U.S. Corpay also highlighted that the integration of GPS (along with Paymerang) is expected to contribute meaningfully to profit in 2025 and support scaling its Corporate Payments business.

The Access Group Acquires Lightyear (AP Automation Provider)

May 9, 2024

Cloud & SaaS

The Access Group has entered into an agreement to acquire Lightyear, a cloud-based accounts payable and finance automation provider. The acquisition will extend Access's ERP and finance automation capabilities, integrating Lightyear's AP, purchasing and expense automation into Access ERP solutions for SMEs and mid-market customers across APAC, EMEA and North America.

Corpay Acquires Paymerang from Aldrich Capital Partners

May 8, 2024

Payments & Fintech

Corpay (NYSE: CPAY) has agreed to acquire Paymerang, a Richmond, Virginia-based provider of accounts payable automation and payment solutions, from Aldrich Capital Partners. The acquisition expands Corpay's B2B payments and AP automation capabilities across education, healthcare, hospitality, and manufacturing end markets; the deal is expected to close in Q2 2024 subject to regulatory approvals.

Lightyear Capital Acquires Prime Pensions from Mill Point Capital

February 26, 2024

Financial Services

Lightyear Capital has made a strategic investment to acquire Prime Pensions, a Florham Park, New Jersey–headquartered third-party administrator of retirement plans, from Mill Point Capital. Prime Pensions serves over 11,000 clients, employs more than 225 people across seven locations, and Lightyear says it will partner with management to accelerate growth and expand capabilities.

Lightyear Capital Acquires Engage PEO

May 1, 2019

Professional Services

Lightyear Capital LLC, a New York-based private equity firm focused on financial services, agreed to acquire Engage PEO, a Fort Lauderdale-based professional employer organization that provides HR outsourcing to small and mid-sized businesses. The management team will remain in place and the transaction was expected to close in Q2 2019; financial terms were not disclosed.