Sica | Fletcher advises Standard Pension Services, LLC (SPS) in its sale to Risk Strategies 

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Overview of Transaction

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  • Originally founded in 1950 in NYC, SPS is a full service corporate and individual
    benefits firm specializing in all aspects of qualified retirement plan consulting, wealth
    management, retirement planning administration, and employee benefits.

  • SPS features a boutique, high-touch service model that attracts clients interested in
    a high level of expertise, service and trust.

  • SPS agreed to partner with Risk Strategies (RSC), a top 20 National Insurance Broker
    headquartered in Boston, MA.

Significance of Transaction

  • The acquisition of SPS will allow RSC to expand its overall suite of products and
    services. As RSC grows, it is naturally expanding into tangentially-related verticals to
    offer its clients a comprehensive suite of insurance and risk management services.

  • The transaction will provide SPS with robust resources and significant support to
    position the agency for rapid growth in the coming years.

 

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to SPS
    and explored multiple options for the firm before SPS decided to partner with Risk
    Strategies.

  • The transaction builds on Sica | Fletcher's track record of success with complex
    transactions and key relationships with the most prolific acquirers in the space.

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