M&A Deal Summary

Ascensus Acquires Polycomp Trust

On January 22, 2018, Ascensus acquired business services company Polycomp Trust

Acquisition Highlights
  • This is Ascensus’ 7th transaction in the Business Services sector.
  • This is Ascensus’ 12th transaction in the United States.
  • This is Ascensus’ 1st transaction in South Dakota.

M&A Deal Summary
Date 2018-01-22
Target Polycomp Trust
Sector Business Services
Buyer(s) Ascensus
Deal Type Add-on Acquisition

Target

Polycomp Trust

Sioux Falls, South Dakota, United States
Polycomp Trust Co. is a provider of trust, custody, administration, and escrow services to the self-directed IRA markets. Polycomp Trust is based in Sioux Falls, South Dakota.

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Buyer(S) 1

Buyer

Ascensus

Dresher, Pennsylvania, United States
Category Company
Founded 1980
Sector Business Services
DESCRIPTION

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.

DEAL STATS #
Overall 12 of 39
Sector (Business Services) 7 of 24
Type (Add-on Acquisition) 11 of 34
State (South Dakota) 1 of 1
Country (United States) 12 of 39
Year (2018) 2 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Dedicated Defined Benefit Services

Glendale, California, United States

Dedicated Defined Benefit Services is a provider of benefit plans for high-income professionals, small businesses, and individuals with self-employment income. The firm pioneered the turnkey defined benefit plan, partnering with large financial firms to open streamlined, ready-to-use plans across the country. Dedicated Defined Benefit Services was founded in 2001 and is based in Glendale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-25 Qualified Plans

Savannah, Georgia, United States

Qualified Plans LLC provides plan design, consultation, compliance, and administration services for defined contribution and defined benefit plans. The firm’s relationship managers, who average over 20 years of industry experience, oversee every aspect of the retirement planning operation to ensure that plans are as efficient and effective as possible.

Buy -
Mergr

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