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Announced

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Smart completed the acquisition of Stadion Money Management.

Synopsis

Smart, a global retirement technology provider that offers modular ways for financial institutions, completed the acquisition of Stadion Money Management, an investment management firm. Financial terms were not disclosed. "This acquisition marks a pivotal moment for Smart, and also an important moment in combining tech, talent, and resources to make a difference in retirement savings for Americans. Stadion's strong track record in managed accounts and personalization will enhance our capabilities in delivering personalized solutions, including retirement income. We are excited to bring aboard the full Stadion team, who are united in our vision to transform the retirement marketplace. I have no doubt that our people-first and tech-forward cultures align well," Jodan Ledford, Smart CEO.

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