Nutter Represents Definiti in Its Acquisition of National Administration, Inc.Print PDF
Nutter served as legal counsel to Definiti, a private equity-backed, national leader in the retirement services industry, in connection with its acquisition of Wisconsin-based National Administration, Inc (NAI). The legal team was led by Michael Kushnir in the Corporate and Transactions Department and included Portia Keady and Rob Lynch on corporate matters.
With the acquisition of NAI, Definiti now delivers third-party retirement plan administration services to more than 12,500 plans across the United States with more than $15 billion in assets under administration. NAI is an independent third party administration firm offering plan design, compliance, and administration. They have a particular expertise with Solo(k) plans, which satisfy the retirement planning needs for self-employed business owners. Read more about the transaction.
From 401(k) plan design and administration, compliance and actuarial consulting, to pension outsourcing and recordkeeping, Definiti helps organizations deliver smart retirement solutions to their employees. With hundreds of professionals across the country, including in-house actuarial consultants, ERISA attorneys, document specialists, and retirement plan consultants, Definiti helps clients redefine what’s possible with workplace retirement plans.
Nutter’s Corporate and Transactions Department represents domestic and international corporations, publicly traded and privately-held companies, private equity firms, nonprofit institutions, and family-owned businesses in a wide variety of domestic and cross-border transactions. The firm’s attorneys advise on significant transactions in every major industry sector, including technology, life sciences, banking, professional services, real estate, energy, medical devices, health care, and manufacturing. Nutter’s corporate practice handles the full range of M&A and private equity transactions, including representing buyers and sellers in auctions processes, mergers, asset sales, stock purchases, leveraged buyouts, roll-ups, joint ventures, PIPEs, going private transactions, tender offers, and proxy contests.
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates practices are national in scope. The firm was co-founded in 1879 by former U.S. Supreme Court Justice Louis D. Brandeis, before his appointment to the Court. For more information, please visit www.nutter.com and follow the firm on LinkedIn.