Kohlberg-backed US Retirement & Benefits Partners to acquire MidAmerica Administrative & Retirement Solutions from Alpine Investors.

Kohlberg-backed US Retirement & Benefits Partners, one of the largest national independent financial services firms specializing in employee benefits, agreed to acquire MidAmerica Administrative & Retirement Solutions, a provider of retirement and health & welfare plans, from Alpine Investors, a private equity firm. Financial terms were not disclosed. "Jim’s people-driven mindset and customer-centric focus has created both a strong team culture and an ever-growing list of happy customers. We look forward to the next phase of growth for MidAmerica under the support and strategic guidance of USRBP," Matt Moore, Alpine Partner.