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  6. Foster & Foster Consulting Actuaries Acquires Bartel Associates

M&A Deal Summary

Foster & Foster Consulting Actuaries Acquires Bartel Associates

On July 5, 2022, Foster & Foster Consulting Actuaries acquired business services company Bartel Associates

Acquisition Highlights
  • This is Foster & Foster Consulting Actuaries’ 3rd transaction in the Business Services sector.
  • This is Foster & Foster Consulting Actuaries’ 3rd transaction in the United States.
  • This is Foster & Foster Consulting Actuaries’ 1st transaction in California.

M&A Deal Summary
Date 2022-07-05
Target Bartel Associates
Sector Business Services
Buyer(s) Foster & Foster Consulting Actuaries
Deal Type Add-on Acquisition

Target

Bartel Associates

San Mateo, California, United States
Bartel Associates provides quality and cost-effective actuarial consulting services to public agencies for the past nineteen years. The company's core business is focused on performing Other Postemployment Benefits (OPEB) consulting. It also provides pension consulting services to public entities, which are part of CalPERS, one of the largest public pension funds in the world. Bartel Associates is based in San Mateo, California.

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Buyer(S) 1

Buyer

Foster & Foster Consulting Actuaries

Fort Myers, Florida, United States
Category Company
Founded 1979
Sector Business Services
DESCRIPTION

Foster & Foster Consulting Actuaries, Inc. provides actuarial pension and health consulting services to public, labor, not-for-profit, and private organizations throughout the country. Foster & Foster Consulting Actuaries was founded in 1979 and is based in Fort Myers, Florida.

DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-13 Beyer-Barber Co.

Allentown, Pennsylvania, United States

Beyer-Barber Co. is an independent actuarial and employee benefit consulting firm operating totally on behalf of our clients and independent from any bank, mutual fund, or insurance company. Beyer-Barber was founded in 1936 and is based in Allentown, Pennsylvania.

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