PrimeVest Financial Services Inc., a broker-dealer with credit union clients, is one of three firms that has been acquired by Lightyear Capital LLC, a private equity firm, from ING.

The St. Cloud, Minn.-based PrimeVest serves nearly 600 financial institutions including credit unions. Lightyear has also completed the acquisition of Financial Network Investment

Corp. in El Segundo, Calif. and Multi-Financial Securities Corp in Denver.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Credit Union Management