M&A Deal Summary

Edelman Financial Engines Acquires New England Pension Plan Systems

On December 14, 2023, Edelman Financial Engines acquired insurance company New England Pension Plan Systems

Acquisition Highlights
  • This is Edelman Financial Engines’ 1st transaction in the Insurance sector.
  • This is Edelman Financial Engines’ 8th transaction in the United States.
  • This is Edelman Financial Engines’ 1st transaction in Rhode Island.

M&A Deal Summary
Date 2023-12-14
Target New England Pension Plan Systems
Sector Insurance
Buyer(s) Edelman Financial Engines
Deal Type Add-on Acquisition

Target

New England Pension Plan Systems

Providence, Rhode Island, United States
New England Pension Plan Systems is a national, full-service retirement-plan consulting firm offering various levels of advisory and consulting services to employee benefit plans and to the participants. New England Pension Plan Systems is based in Providence, Rhode Island.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Edelman Financial Engines

Santa Clara, California, United States
Category Company
Founded 1986
Sector Financial Services
Revenue 311M USD (2015)
DESCRIPTION

Edelman Financial Engines is a financial planning and investment management firm. Edelman Financial Engines was founded in 1986 and is based in Santa Clara, California.

DEAL STATS #
Overall 9 of 10
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 8 of 9
State (Rhode Island) 1 of 1
Country (United States) 8 of 9
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-16 PRW Wealth Management

Quincy, Massachusetts, United States

PRW Wealth Management is a Registered Investment Advisor that provides a comprehensive range of wealth management capabilities, with a focus on strategic planning, investment management, and the transfer of wealth. It manages over $500 million in assets under management (AUM) for approximately 200 clients, including individuals, families, endowments and foundations, and business owners. PRW Wealth Management is based in Quincy, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-13 Soundmark

Kirkland, Washington, United States

Soundmark is an investment advisory firm. The company offers financial planning, building diversified portfolios using low-cost, tax-efficient, asset class, and index funds. Soundmark was founded in 2008 and is based in Kirkland, Washington.

Buy -
Mergr

Product

Company

Legal