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Lightyear Capital acquires PayByPhone (2026)
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acquisitionAnnounced · Feb 4, 2026mobile parking paymentsSource · CredibleArticle · Factual
PayByPhone
Lightyear Capital
PayByPhone · Lightyear Capital

Lightyear Capital acquires PayByPhone

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$7B
Target
PayByPhone
PayByPhone
Vancouver, British Columbia
Acquirer
Lightyear Capital
Lightyear Capital
Full Acquisition
Status
Announced

Lightyear Capital agreed to acquire PayByPhone. Reported deal value: $7B. Status: Announced. Sector: mobile parking payments. Target headquarters context: Vancouver, British Columbia, Canada.

This page summarizes publicly available information about the transaction as of 2026-02-04. Figures and status may change as filings and press coverage update.

Vancouver -based PayByPhone changes hands for the third time, now headed to U.S. private equity firm Lightyear Capital

Deal timeline

Announced
Feb 4, 2026 · castanet.net
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in mobile parking payments with a reported deal value of $7B. Figures and status may change as sources update.

Sources: castanet.net · Primary article · FireStrike proprietary index