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.
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