Daily News: September 7, 2012

BMO Harris Agents $187MM to Support Lightyear Acquisition


BMO Harris Bank’s sponsor finance group, a provider of middle-market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner and is administrative agent for $187 million in credit facilities to support the acquisition of the Healthcare Benefit Solutions business from FIS by an affiliate of Lightyear Fund III.

The new company has been renamed and will operate as Alegeus Technologies.

Alegeus is the market provider in benefits administration and payment processing for consumer directed healthcare accounts.