Lightyear Capital Inks Deal to Buy Engage PEO, LLC
Posted on 05/04/2019
New York-based Lightyear Capital LLC, a financial services-focused private equity firm, inked a deal to acquire Fort Lauderdale, Florida-based Engage PEO, LLC, a human resources outsourcing solutions business to small and mid-sized businesses. Engage PEO was founded in 2011 by CEO Jay Starkman. The transaction is expected to close in the second quarter of 2019, and financial terms were not disclosed.
Advisors
Piper Jaffray & Co. is acting as exclusive financial advisor and Jones Day is acting as legal counsel to Engage PEO.
