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Equity Risk Partners Leads Insurance and R&W Due Diligence for WestView Capital Partners' Recapitalization of Northwest Plan Services

Business Services

In our most recent transaction, Equity Risk Partners led the insurance and R&W due diligence for WestView Capital Partners' recapitalization of Northwest Plan Services.

Company:  NWPS is a leading independent, third party recordkeeper and administrator of retirement plans. Founded in 1994 and headquartered in Seattle, Washington, the Company provides a comprehensive suite of services for retirement plans with an unbundled, open architecture platform that enables employers to offer their employees access to thousands of investment options. In addition to recordkeeping, administration, compliance and participant services, the Company provides consulting, employee communication and actuarial services to a client base ranging from small to medium sized companies having 50 to 500 employees to large, S&P 500 clients with tens of thousands of employees. NWPS services 401(k), 403(b), 457, ESOP and other types of defined contribution plans as well defined benefit pension plans including cash balance plans.

Investor: WestView Capital Partners, a Boston-based private equity firm focused exclusively on middle market growth companies, manages approximately $1 billion in capital across three funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth, and consolidation transactions in industries such as business services, software and IT services, consumer, healthcare technology and outsourcing and growth industrial. WestView invests in companies with operating profits between $3 million and $20 million with investment sizes ranging from $10 million to $50 million.

If you would like more information please contact Chris Veber at cveber@equityrisk.com or (312) 980-7856.