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Rainier Partners Announces Partnership with Welfare & Pension Administration Service
Dec 19, 2024•over 1 year ago
Contract Type
partnership
SeattleFinanceAngel InvestmentFintech
Description
Rainier Partners has announced its investment in Welfare & Pension Administration Service (WPAS), a third-party administration (TPA) firm specializing in multi-employer benefit plan administration. The investment will assist in WPAS’s continued growth, enabling them to serve more multi-employer trusts nationwide.
Company Information
Company
Rainier Partners
Location
Seattle, Washington, United States
About
Rainier Partners is a private equity firm rooted in the Pacific Northwest that invests in businesses in the lower middle market, primarily in the Western US and Canada. Rainier’s principals have deep experience investing in businesses across verticals including Business Services, Financial Services, Industrial Services and Consumer Services. Rainier’s approach is to develop a partnership with owners and management teams, combined with an open, collaborative form of communication, that allows businesses to accelerate their profit growth.