Ascensus - M&A Summary, Ownership, and Business Overview

Business ServicesCompany

Ascensus M&A Summary

Ascensus has acquired 42 companies of its own, including 12 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 1 asset.

Ascensus has acquired in 21 different US states. The Company’s most targeted sectors include business services (62%) and insurance (21%).

Ascensus Ownership

Who owns Ascensus?

Ascensus is owned by Genstar Capital, GIC and Stone Point Capital. It was acquired on April 26, 2021.

Is Ascensus PE-backed?

Yes. Ascensus is owned by private equity investors Genstar Capital, GIC and Stone Point Capital.

Was Ascensus formerly PE-backed?

Yes. Ascensus was formerly owned by 3 private investors.

Ascensus Business Overview

Where is Ascensus headquartered?

Ascensus is headquartered in Dresher, Pennsylvania.

What sector is Ascensus in?

Ascensus is a business services company.

When was Ascensus founded?

Ascensus was founded in 1980.

M&A Summary

  • M&A Total Activity40
    • M&A Buy Activity39
    • M&A Sell Activity1
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 13
  • M&A Advisors 1

Ascensus

Ascensus LLC

200 Dryden Road,
Dresher, Pennsylvania 19025
United States,
(215) 648-8000
www.ascensus.com

Ascensus is an independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most retirement, education, and healthcare. Ascensus was formed in 1980 and is based in Dresher, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 34 - 4 - - 1 39
Sell (0.0/yr) # 1 - - - - - 1
  40

Most Recent M&A

Company Date Value Type
Vanguard - Simple, Multi-SEP, and Individual 401(k) retirement plans 2024-04-16 - Divestiture
Valley Forge, Pennsylvania
Newport Group, Inc. 2021-11-03 - Merger
Walnut Creek, California · www.newportgroup.com
UnifyHR, Inc. 2021-06-30 - Add-on Acquisition
Irving, Texas · www.unifyhr.com
ABV Advisors, Inc. - Health & Welfare Form 5500 Preparation and Plan Document Services Business 2021-03-18 - Divestiture
Carmel, Indiana
Truist Retirement Recordkeeping Business 2021-01-06 - Divestiture
Charlotte, North Carolina
Nyhart Consulting LLC 2019-11-25 - Add-on Acquisition
Indianapolis, Indiana · www.nyhart.com
Goldleaf Partners 2019-10-24 - Add-on Acquisition
Bloomington, Minnesota · www.goldleafpartners.com
Beneco 2019-08-09 - Add-on Acquisition
Scottsdale, Arizona · www.beneco.com
HR Simplified, Inc. 2019-06-26 - Add-on Acquisition
Minneapolis, Minnesota · www.hrsimplified.com
United Retirement Plan Consultants, Inc. 2019-06-03 - Add-on Acquisition
Dublin, Ohio · www.unitedretirement.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 24 (62%) - 1 (100%) -
Insurance 8 (21%) - - -
Financial Services 5 (13%) - - -
Education 1 (3%) - - -
Software 1 (3%) - - -
Total 39 - 1 -

By Geo

State/Country Buy Value Sell Value
United States 39 - 1 -
  California 7 - - -
  Pennsylvania 3 - - -
  New Jersey 3 - - -
  Florida 2 - 1 -
  Texas 2 - - -
  Ohio 2 - - -
  Minnesota 2 - - -
  Massachusetts 2 - - -
  Indiana 2 - - -
  Georgia 2 - - -
  Arizona 2 - - -
  Virginia 1 - - -
  Vermont 1 - - -
  Tennessee 1 - - -
  South Dakota 1 - - -
  Oregon 1 - - -
  North Carolina 1 - - -
  Nevada 1 - - -
  Missouri 1 - - -
  Illinois 1 - - -
  Washington 1 - - -
Total 39 - 1 -

Top M&A Advisors

Legal Deals
Drinker Biddle & Reath LLP
1

M&A Connections

Deals
Acquired from
Investor(s)
10%
4 (10%)
Strategic(s)
10%
4 (10%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 201,598
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.