Ascensus on the Forefront of the Growing Retirement Savings Industry

A recent Pensions & Investments article ​highlights the appeal of retirement services companies, like Ascensus, to private equity firms. The industry is experiencing active M&A activity as private equity investors pursue stable cash flows, reliable revenue, and guaranteed growth. “Ten thousand people are retiring every day. This is a growth sector with reliable trends,” said Robert Goldbaum, a New York-based partner at Morgan Lewis & Bockius LLP, who specializes in mergers and acquisitions.