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J.C. Flowers sells Ascensus to Genstar, Aquiline after auction

Sep 30, 2015 - The Deal Pipeline
Mergers and Acquisitions

Ascensus Inc., the Dresher, Pa.-based retirement and college savings services provider, said Monday that it would be acquired by a pair of private equity sponsors, following an auction http://pipeline.thedeal.com/tdd/ViewArticle.dl?id=13211942|previously reported by The Deal to be in the final stages in early August. Private equity firms Genstar Capital LLC, of San Francisco, Calif. and New York, N.Y.-based Aquiline Capital Partners LLC agreed to acquire the company from New York-based PE fir...