Prime Pensions LLC, a portfolio company of Mill Point Capital LLC, has acquired Pensions Planners Northwest, Inc., an Oregon-based provider of retirement plan design, administration and consulting services.
PPNW offers third-party retirement compliance and administration services to small and medium sized firms. The company provides services including plan design and implementation, annual administration and consulting services.
“The acquisition of PPNW is highly complementary to Prime Pensions as it diversifies our client base and adds significant extension to our geographic presence,” added Scott Feit, CEO of Prime Pensions. “We are thrilled that PPNW and its clients are joining the Prime Pensions family.