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Prime Pensions Announces Strategic Investment from Lightyear Capital for Next Phase of Growth

Feb 26, 2024almost 2 years ago
Florham ParkFinanceFinancial Services

Investors

Lightyear Capital Llc

Description

Prime Pensions, LLC announced a strategic investment from Lightyear Capital LLC, a New York-based private equity firm that partners with growing companies at the nexus of financial services and technology, healthcare, and business services.

Company Information

Company

Prime Pensions

Location

Florham Park, New Jersey, United States

About

Prime Pensions is an independent provider of retirement plan administration, consulting, and compliance services headquartered in Florham Park, New Jersey. Serving primarily small and medium-sized businesses, the company combines specialized local expertise with the collective knowledge and resources of its nationwide operations. Unaffiliated with any investment product providers and not offering investment advice, Prime Pensions delivers objective, reliable retirement plan solutions tailored to meet each client’s unique needs.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers