Tag: mergers and acquisitions

Clients of both companies will be able to remain on their original platform despite the transaction.

The global professional services firm is acquiring the employee-benefits and retirement-plan consultant in a $17 billion all-cash deal. 

Smart USA CEO Duane Bernt will continue to lead Smart’s U.S. entities, including primary operating company Stadion Money Management.

Under the agreement, Altruist will continue to operate as a standalone business.

The recordkeeper will keep its current leaders and its client delivery model.

The $340 million deal is expected to transfer more than $130 billion in assets while Milliman retains its retirement and...

The acquisition of the Pittsburgh-based retirement solutions provider is expected to expand Ascensus’ services for plan sponsors and other parts...

The consultant plans to integrate content from Broker Educational Sales & Training into its Retirement Learning Center.

The combined company would be valued at $22 billion as of March 25.

The move combines 5 former NFP Corp. entities and the new business has more than $580 billion in assets under...

LPL said it signed the deal March 28, and anticipates closing in the second half of 2025. 

Agilis Partners will be known as Gallagher.

The deal, expected to close in 2025, aims to combine NEPC's institutional investment, research and OCIO capabilities with Hightower’s rapidly...

Recordkeeper and wealth manager adds equity compensation administration and management with latest acquisition.

Deal will bring Voya more than $60 billion in AUA and new capabilities including employee stock ownership plans.

Mercer parent Marsh McLennan acquires Cardano to expand retirement business across the Atlantic.

Deal will bring Principal's market representation to more than 2,000 ESOP plans and about 765,000 participants.

Ascensus says the deal for the individual 401(k), Multi-SEP, and SIMPLE IRA plans should be complete in Q3 2024.

Purchase will bring in-house Mutual of Omaha's 401(k) business, to which it had provided outsourced services for years. 

San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity...