Ascensus, the nation’s largest independent service provider of retirement and college savings plans, was founded more than 30 years ago and has since expanded into new markets within the financial services industry to offer a comprehensive suite of defined contribution and defined benefit retirement plan solutions, benefits education, 529 college savings plan recordkeeping, and IRA and health savings account administration.

Throughout its history, the company’s mission has remained the same — to help Americans save for the future by connecting them to the right plans.

This is the second acquisition on which Genstar and Aquiline have partnered, having developed a relationship based on a shared philosophy of supporting strong management teams to create value and drive next-level growth. Under the new ownership, Ascensus will continue to expand its reach in its core markets and invest in both organic and other strategic growth initiatives.