#acquiline

Genstar and Aquiline Acquire Ascensus

After a period of rigorous bidding, Genstar Capital and Aquiline Capital Partners have jointly entered an agreement with J.C. Flowers & Co. to buy Ascensus, Inc. Ascensus is the leading independent provider of retirement and college savings plans in the US—it currently supports 3.3 million 529 college savings accounts and more than 1.5 million IRAs and HSAs. Genstar Capital, a San Francisco-based…