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Lightyear Capital leads recapitalisation of PracticeTek

Funds affiliated with Lightyear Capital (Lightyear), a New York-based private equity firm focused on financial services, have led a recapitalisation of PracticeTek, a provider of vertical software and payments solutions to the retail healthcare market. 

Lightyear joins Greater Sum Ventures (GSV), an entrepreneurial family office, in the investment. Terms of the transaction have not been disclosed.

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