-

Prime Pensions Acquires Northwest Retirement Plan Consultants

Acquisition Significantly Enhances Prime Pensions’ Retirement Plan Portfolio

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Prime Pensions LLC (“Prime Pensions”), a portfolio company of Mill Point Capital LLC (“Mill Point”), announced today that it has acquired Northwest Retirement Plan Consultants, LLC (“NWRPC” or the “Company”), a Washington-based provider of retirement plan design, administration and consulting services.

NWRPC is a leading provider of third-party retirement plan compliance and administration services to small and medium-sized businesses. Key services include plan design and implementation, annual administration, consulting and other actuarial services to ensure its clients are compliant with the United States Department of Labor, IRS and other regulatory organizations. Since the Company’s founding in 2014, NWRPC has been a top Washington service provider in the retirement plan administration industry. The Company is headquartered in Puyallup, WA and primarily operates in the Northwestern United States.

Martin Smith and Debbie Smith, Managing Principals of NWRPC, commented, “Our partnership with Prime Pensions and Mill Point provides meaningful resources to drive both future growth and expansion of our client base. This partnership demonstrates our commitment to providing exemplary service to our clients.”

Scott Feit, CEO of Prime Pensions, commented, “The acquisition of NWRPC is highly complementary to Prime Pensions as it diversifies our client base and adds significant extension to our geographic presence. We are thrilled that NWRPC and its clients are joining the Prime Pensions family. I am looking forward to having the Managing Principals of NWRPC continue in their roles and join the leadership team of the combined business.”

About Prime Pensions

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.

About Mill Point Capital

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies, with a focus on the industrials, business services and IT services sectors in North America. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.

Contacts

Jiaeh Kim, info@millpoint.com, 212-416-5800

Industry:

Mill Point Capital LLC

Release Versions
English

Contacts

Jiaeh Kim, info@millpoint.com, 212-416-5800

More News From Mill Point Capital LLC

Voltaris Power Acquires Electronic Power Design, Expanding Mission-Critical Power Capabilities

GOODYEAR, Ariz.--(BUSINESS WIRE)--Voltaris Power LLC ("Voltaris"), a portfolio company of Mill Point Capital LLC ("Mill Point"), announced today that it has acquired Electronic Power Design, LLC ("EPD"), a Houston, Texas-based provider of mission-critical power distribution equipment and solutions serving data center, commercial and industrial markets. Voltaris is a leading manufacturer of custom low- and medium-voltage switchgear, transformers and integrated power solutions serving data center...

GlacierPoint Enterprises Acquires Arctica Frozen Solutions, Further Expanding Its Franchise into the Highly Attractive Florida Market

THE BRONX, N.Y.--(BUSINESS WIRE)--GlacierPoint Enterprises, Inc. (“GlacierPoint”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and one of the nation’s leading full-service direct store delivery (“DSD”) distributors of ice cream and other frozen products, announced today that it has acquired Arctica Frozen Solutions (“Arctica”), a DSD distributor of ice cream, novelties and frozen products covering Central and South Florida. The transaction marks GlacierPoint’s first strategic a...

Mill Point Capital Completes the Acquisition of Total Safety Supplies & Solutions

FAIRFIELD, Calif.--(BUSINESS WIRE)--Mill Point Capital LLC ("Mill Point") is pleased to announce the acquisition of Total Safety Supplies & Solutions, Inc. ("S&S" or the "Company"), a leading distributor of industrial maintenance, repair, and operations (“MRO”) products including safety, and personal protective equipment ("PPE"). The acquisition of S&S, a division of Total Safety U.S., Inc. (“Total Safety”), represents Mill Point’s 20th corporate carve-out and underscores Mill Point...
Back to Newsroom