WPAS - Ownership and Business Overview

Financial ServicesCompany

WPAS Ownership

Who owns WPAS?

WPAS is owned by Rainier Partners. It was acquired on December 19, 2024.

Is WPAS PE-backed?

Yes. WPAS is owned by private equity investor Rainier Partners.

Was WPAS formerly PE-backed?

Yes. WPAS was formerly owned by 1 private investor.

WPAS Business Overview

Where is WPAS headquartered?

WPAS is headquartered in Mercer Island, Washington.

What sector is WPAS in?

WPAS is a financial services company.

When was WPAS founded?

WPAS was founded in 1953.

Financial Services M&A Summary in 2024

Out of 60 sectors in the Mergr database, financial services ranked 11 in number of deals in 2024. The largest financial services acquisition in 2024 was Discover Financial Services - which was acquired by Capital One Financial for $35.3B.

Join Mergr to view all 152 acquisitions of financial services companies in 2024, including 10 acquisitions by private equity firms, and 142 by strategics.

WPAS

Welfare & Pension Administration Service, Inc.

7525 SE 24th Street, Suite 200,
Mercer Island, Washington 98040
United States,
(206) 441-7574
www.wpas-inc.com

WPAS manages benefit plans as a third-party administrator (TPA) serving over 150,000 union members and their dependents on behalf of top Taft-Hartley trust funds, associations, and government entities in the region. WPAS was founded in 1953 and is based in Mercer Island, Washington.


Company Summary

SECTOR

Financial Services

Established

1953

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