Blue Ridge Associates Acquires TSC 401K
June 6, 2024
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.
- Targets
- Tax Sheltered Compensation, Inc. (TSC)
- Sellers
- Matt Slyter, Gary Zurek
- Platforms
- Blue Ridge Associates
- Industry
- Financial Services
- Location
- Minnesota, United States
- Transaction Type
- Addon
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