Announced
Financials
Tags
Private Equity
Pending
United States
Minority
Consumer Services: Other
Domestic
Friendly
Single Bidder
administrative services
Acquisition
Private
Synopsis
Periscope Equity, a private equity firm, agreed to invest in Welfare & Pension Administration Service, a provider of third party administrative services. Financial terms were not disclosed. "Throughout the diligence process, it was clear to the entire management team that Periscope would be the best fit for our employees, clients, and members given their experience within the Taft-Hartley end market and with companies providing innovative managed healthcare services. I am looking forward to witnessing the exciting new offerings that WPAS will develop in the next few years, and the growth we will achieve together," Dennis Kirkpatrick, WPAS CEO.
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