July specializes in serving financial advisors and their small- to medium-sized clients in setting up and managing qualified retirement plans through recordkeeping, third-party administration and white label services, as well as other ancillary products and services including payroll processing and investment advisory services. July is trusted by over 5,000 clients with over 100,000 retirement plan participants and manages over $8.0 billion of assets. Platform was introduced to July through a business broker. July’s management team was seeking both a majority recapitalization to provide liquidity to the shareholders and a partner to provide strategic leadership and resources to accelerate growth. Platform’s role at July is to provide guidance on the strategic direction of the business, as well as to advise and help execute on acquisition opportunities.
July Business Services
July Business Services, LLC (“July”) is a leading, technology-enabled provider of retirement products and services to small- to medium- sized businesses.
julyservices.com
INDUSTRY
Financial Services
Year Founded
1994
INVESTMENT DATE
2022
Headquarters
Waco, TX
Investment Overview
Transaction Background