Levine Leichtman-backed Blue Ridge Associates completed the acquisition of Tax Sheltered Compensation.

Levine Leichtman-backed Blue Ridge Associates, a provider of tech-enabled administration and compliance solutions for employer-sponsored ESOP and qualified retirement plan benefits, completed the acquisition of Tax Sheltered Compensation, a retirement plan services provider. Financial terms were not disclosed. "Our strategy has long been to create complimentary, market leading, people first businesses that leverage technology to enable our clients to provide wealth building benefits to their employees with peace of mind. After getting to know Gary, Matt and the TSC team intimately, it was abundantly clear they were the perfect partner to advance our strategic objectives and I'm delighted to welcome them to the Blue Ridge family," Bill Yoerger, Blue Ridge CEO.