Mill Point Capital Completes Sale of Prime Pensions
Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.
- Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.
- “We are incredibly proud of our successful partnership with Scott Feit, Founder and CEO of Prime Pensions, as well as the entire Prime Pensions team over the past few years.
- Their dedication to Prime Pensions is evident and we are thrilled to watch the Company’s continued future success,” commented Jenni Main, Executive Partner of Mill Point Capital.
- Raymond James acted as the exclusive financial advisor to Mill Point Capital and Prime Pensions.