Lightyear Capital Acquires Prime Pensions from Mill Point Capital

Mill Point Capital Partners with Prime Pensions Inc.

February 5, 2021

Financial Services

Mill Point Capital has made a control investment in Prime Pensions Inc., a Florham Park, New Jersey-based retirement plan recordkeeping, actuarial and administration services provider. Founder Scott Feit will remain CEO and retain a significant ownership stake as Mill Point provides capital and resources to support growth and strategic initiatives.

Prime Pensions Acquires Assets of Squire Retirement Plan Services

March 25, 2021

Financial Services

Prime Pensions LLC, a Mill Point Capital portfolio company, acquired the assets of Squire Retirement Plan Services, Inc., a Verona, New Jersey-based retirement plan administration and actuarial services provider. The asset purchase expands Prime Pensions' client base and geographic presence in the Northeastern United States while adding complementary retirement-plan capabilities.

Prime Pensions Acquires Pension Planners Northwest

December 13, 2021

Financial Services

Prime Pensions LLC, a portfolio company of Mill Point Capital, has acquired Pension Planners Northwest, Inc., an Oregon-based retirement plan design, administration and consulting firm. The deal expands Prime Pensions' geographic footprint in the Northwestern U.S. and strengthens its retirement plan administration capabilities for small and medium-sized business clients.

Lightyear Capital and Ontario Teachers' Acquire Lendmark Financial Services from Blackstone

June 27, 2019

Financial Services

Investment funds affiliated with Lightyear Capital and the Ontario Teachers' Pension Plan agreed to acquire Lendmark Financial Services from private equity funds managed by The Blackstone Group. The senior management team will remain in leadership and as shareholders; the transaction was expected to close in H2 2019 subject to regulatory approvals.

Prime Pensions Acquires Presberg Pensions

October 27, 2025

Financial Services

Prime Pensions, an independent retirement plan administration and consulting provider based in Florham Park, New Jersey, has acquired Presberg Pensions, a third-party retirement plan administrator headquartered in Westlake Village, California. The deal strengthens Prime Pensions' footprint in the California market and gives Presberg's clients access to Prime Pensions' national scale, technology, and compliance capabilities; financial terms were not disclosed.

Prime Pensions Acquires Pension Benefits Unlimited

November 15, 2023

Financial Services

Prime Pensions, a portfolio company of Mill Point Capital, has acquired Pension Benefits Unlimited (PBU), a California-based provider of retirement plan design, administration and consulting services. The acquisition expands Prime Pensions' retirement services platform and strengthens its presence in the Western United States by adding PBU's expertise in third-party retirement plan compliance and administration for small and medium-sized businesses.