Announced
Completed
Financials
Tags
Majority
Acquisition
Single Bidder
employee benefits
Completed
Information / Data Services
United States
Domestic
Private Equity
Friendly
Private
Synopsis
Levine Leichtman-backed Blue Ridge ESOP, an ESOP administration and ESOP recordkeeping services provider, completed the acquisition of the tax benefits plan services business of Crowe, a public accounting, consulting and technology firm. Financial terms were not dislcosed. “We are excited to bring together Crowe’s BPS business and people with Blue Ridge. The two businesses are a great fit, as the technical expertise of the BPS business' team and its personalized client-centric culture mirrors ours. We are grateful to our partners at LLCP for their valuable assistance in envisioning and executing this important transaction,” Bill Yoerger, Blue Ridge CEO.
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