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