PCS Retirement Acquires Aspire Financial Services

Lee Equity Partners Makes Majority Investment in PCS Retirement

March 4, 2024

Financial Services

Lee Equity Partners has acquired a majority interest in PCS Retirement, a Philadelphia-based retirement plan recordkeeper; as part of the transaction, prior investor LLR Partners will exit and Scott David will join PCS as CEO. The investment is intended to accelerate new business sales, expand relationships, enhance digital and service capabilities, and support PCS's M&A strategy; terms were not disclosed.

Playfly Sports Acquires The Aspire Group to Expand Ticketing and Hospitality Capabilities

May 3, 2023

Marketing & Advertising

Playfly Sports has acquired The Aspire Group to form the cornerstone of a new tech-infused Playfly Gameday division, expanding Playfly's ticketing, hospitality, and fan-engagement capabilities. The deal adds Aspire’s team of 166 employees and its experience with more than 300 collegiate and professional partners to Playfly’s platform to drive matchday revenues and advanced fan analytics.

PCS Retirement Acquires Alliance Benefit Group–Rocky Mountain

January 5, 2021

Financial Services

PCS Retirement, LLC acquired Alliance Benefit Group–Rocky Mountain (ABGRM) to expand its conflict-free retirement plan recordkeeping platform. ABGRM, which has offices in Salt Lake City, Utah and Denver, Colorado, will integrate its management team into PCS to broaden PCS' advisor and TPA-facing recordkeeping capabilities and presence in the Western United States.

Fiduciary Services Group Acquires Future Planning Associates

February 17, 2026

Financial Services

Fiduciary Services Group (FSG) has acquired Future Planning Associates, Inc. (FPA), a Vermont-based third-party administrator and recordkeeper, and will integrate the business into DWC, FSG’s national TPA platform. The acquisition strengthens FSG’s New England footprint, adds recordkeeping capability, and addresses FPA’s upcoming technology transition by leveraging PCS Retirement’s modernization experience.

Empower Acquires Prudential Financial's Full-Service Retirement Business

April 4, 2022

Financial Services

Empower has completed its $3.5 billion acquisition of Prudential Financial’s full-service retirement business, adding more than 1,800 employees and expanding Empower’s reach to over 17.1 million retirement participants with roughly $1.4 trillion in assets under administration. The deal transfers Prudential’s defined contribution, defined benefit, non‑qualified and rollover IRA business as well as stable value and separate account investment products and platforms to Empower, broadening Empower’s product set and scale across employer, government and not‑for‑profit retirement markets.

Creative Planning Acquires Mesirow's Corporate Retirement Advisory Services Team

October 31, 2023

Financial Services

Creative Planning has acquired Mesirow Financial's corporate retirement advisory services team, bringing a team that serves over 350 retirement plans with approximately $13 billion in assets under advisement. The move expands Creative Planning's Retirement Services capabilities and scale, integrating experienced retirement specialists into its platform.