Blue Ridge Associates Acquires Qualified Retirement Plan Services (QRPS)

Blue Ridge ESOP Associates Acquires Tax Benefits Plan Services Business of Crowe LLP

August 12, 2022

Accounting & Tax

Blue Ridge ESOP Associates, a portfolio company of Levine Leichtman Capital Partners, acquired substantially all of the Tax Benefits Plan Services (BPS) business of Crowe LLP. The BPS business—nearly 30 employees serving over 400 clients and more than 500 plans—will transition to Blue Ridge to strengthen its ESOP and 401(k) third‑party administration and recordkeeping capabilities.

Blue Ridge Associates Acquires AmbroseAdvisors' ESOP TPA Services

February 8, 2026

Financial Services

Blue Ridge Associates has acquired the ESOP third‑party administration (TPA) services business from AmbroseAdvisors, including the ESOP administration team and clients. AmbroseAdvisors will retain its advisory business while Blue Ridge expands its ESOP administration capabilities and client base to meet growing demand for ESOP formation and related services.

Blue Ridge Associates Acquires TSC 401K

June 6, 2024

Financial Services

Blue Ridge Associates, a portfolio company of Levine Leichtman Capital Partners, has acquired Tax Sheltered Corporation/Tax Sheltered Compensation, Inc. (TSC), a provider of retirement plan administration and recordkeeping services. The acquisition expands Blue Ridge's capacity and technical capabilities in ESOP and qualified retirement plan administration, adding TSC's ~3,100 plans covering over 152,000 participants to its platform.

Definiti Acquires Retirement Plan Solutions (RPSI)

September 9, 2024

Financial Services

Definiti, a national third-party retirement plan administrator, has acquired Cary, North Carolina–based Retirement Plan Solutions, Inc. (RPSI). The deal closed on September 9, 2024; RPSI’s entire administrative team joined Definiti to enhance service capabilities and accelerate growth across the combined organization.

Raymond James Acquires NWPS (Northwest Plan Services)

December 10, 2020

Financial Services

Raymond James Financial, Inc. has acquired NWPS Holdings, Inc., doing business as NWPS or Northwest Plan Services, a Seattle-based provider of retirement plan recordkeeping, administration, consulting and actuarial services. The transaction, which retains NWPS's management team and employees, expands Raymond James' retirement services capabilities for its advisors and clients and follows WestView Capital Partners' exit of its investment.

U.S. Retirement & Benefits Partners Acquires Pension Planning Consultants

October 18, 2024

Financial Services

U.S. Retirement & Benefits Partners (USRBP) has acquired Pension Planning Consultants (PPC), a retirement plan third-party administrator based in Albuquerque, New Mexico. The deal expands USRBP's Southwest footprint and adds PPC's retirement plan administration and consulting capabilities to USRBP's national partner network.