Prime Pensions, Inc. has acquired Piper Pension & Profit Sharing to enhance its retirement plan services and expand its presence on the West Coast.

Information on the Target

Prime Pensions, Inc. ("PPI"), headquartered in Florham Park, NJ, is a prominent company specializing in retirement plan administration, consulting, and compliance services. The firm has solidified its position in the market through strategic acquisitions and a commitment to providing tailored solutions for its clients.

The recent acquisition of Piper Pension & Profit Sharing ("Piper"), located in Los Angeles, CA, enhances PPI's portfolio. Piper, established in 1994 by Kurt F. Piper, is recognized for its personalized retirement plan compliance and administration services aimed primarily at small and mid-sized businesses. With a strong reputation for delivering customized services to a diverse clientele, Piper is an asset that complements Prime Pensions' service offerings.

Industry Overview in the Target’s Specific Country

The retirement plan administration industry in the United States is characterized by increasing demand for professional services as more businesses recognize the need for effective retirement solut