Ascensus Completes Acquisition of AmericanTCS, Expanding Platform and Capabilities

Acquisitions

Summary

Ascensus completed its acquisition of AmericanTCS and expanded its retirement, trust & custody, and technology automation platform. The deal strengthens Ascensus' scale and adds capabilities for advisors, TPAs, recordkeepers, and asset and wealth managers. It also boosts the company's pooled employer plan, fiduciary, and workflow software offerings, including PensionPro, Hub+, and ERISApedia. Ascensus says it will integrate the business with a focus on continuity of service and a smooth transition for clients and partners.

Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

AskAI Classifications

Labels
SaaS Workflow Automation Developer Tools

Linked Companies

AmericanTCS
$10M to $25M