Lightyear Capital has completed its acquisition of PayByPhone, a provider of digital parking payments to more than 1,300 clients globally, from Corpay.
Lightyear Capital is a New York-based private equity firm with over US$8 billion in assets under management.
The acquisition will leverage Lightyear’s expertise in software and payments to drive PayByPhone’s product innovation, accelerate growth and deliver value to PayByPhone’s customer base.
Under...
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