Periscope Equity to invest in WPAS.

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.