Prime Pensions completed the acquisition of The Raymond Company.

Prime Pensions, an independent provider of retirement plan compliance and administration services, completed the acquisition of The Raymond Company, a provider of material handling solutions. Financial terms were not disclosed. "We consistently seek out great companies led by outstanding leaders with impressive growth trajectories and a strong cultural fit—and Raymond checked every box. The strategic acquisition of Raymond will enable us to grow in the Southwest region and aligns with our mission to provide high-touch, customized services to retirement plan sponsors across the U.S. We are committed to pairing local expertise with national resources, ensuring that plan sponsors and financial advisors receive exceptional service, broader capabilities, and long-term support," Scott Feit, Prime Pensions Founder and President.