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New Deal


Announced

Raymond James to acquire NWPS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Acquisition

Pending

Majority

Single Bidder

retirement planning

accounting services

Business Process Outsourcing

United States

Domestic

Synopsis

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Raymond James, a diversified financial services holding company, agreed to acquire NWPS, an independent provider of retirement plan administration, consulting, actuarial and administration services based in Seattle. Financial terms were not disclosed. “As one of the architects of modern financial planning more than 55 years ago, we are excited to add this important capability to our broad suite of advisor and client-centric retirement services. We’re confident our advisors will benefit from NWPS’s excellence in this area, and that advisors considering Raymond James will find the capability compelling. Along with our industry leading technology solutions, focus on service and financial planning expertise, Raymond James continues to set a high bar,” Scott Curtis, Raymond James’ Private Client Group president.

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