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Prime Pensions Acquires Associated Pension Consultants

Sep 13, 2022•over 3 years ago

Acquiring Company

Prime Pensions

Acquired Company

Pension Consultants

Financial Services

Description

Prime Pensions, LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has completed the acquisition of Associated Pension Consultants, LLC (“APC” or the “Company”), a California-based provider of retirement plan design, administration and consulting services.

Company Information

Company

Prime Pensions

About

Headquartered in Florham Park, NJ, Prime Pensions is an independent provider of retirement plan compliance and administration services primarily to small and medium-sized businesses. Prime Pensions is not affiliated with any investment product provider and does not offer investment advice. For more information, please visit www.primepensionsinc.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed