July Business Services, LLC has acquired Employee Incentive Plans, Inc. to enhance its service offerings and expand its market presence in the retirement services industry.

Target Company Overview

July Business Services, LLC ("JULY"), headquartered in Waco, TX, is a prominent national provider specializing in 401(k) plan services tailored for small to mid-sized employers. As of May 30, 2025, JULY has successfully completed its acquisition of Employee Incentive Plans, Inc. ("EIP"), marking a significant milestone as the seventh acquisition within a two-year period. This strategic move is part of JULY’s broader initiative to drive growth through acquisitions that are culturally aligned, enabling the addition of top-tier talent and innovative capabilities to their expanding platform.

JULY has established itself as a tech-enabled retirement services provider over the past three decades, supported by an in-house software development team dedicated to creating proprietary tools aimed at streamlining plan administration and enhancing the participant experience. The acquisition of EIP, which has earned a solid reputation for delivering excellent service and possessing a knowledgeable staff, aligns closely with JULY’s focus on client service, built upon personalized attention and operational excellence.

Industry Overview

The retirement services industry has seen tremendous growth in recent years, adapting to the ever-changing landscape of financial management and regulatory requirements. In many countries, including the United States, the demand for retirement plans and services has steadily inc