Strategy+ Advises Securian on Divestiture to Standard Insurance Company

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Strategy+ originated and advised Securian on the sale of its Retirement Plan Recordkeeping Business to Standard Insurance Company.

Strategy+ advised mutual holding company Securian Financial on the sale of its Retirement Plan Recordkeeping Business to Standard Insurance Company (“The Standard”). The definitive agreement was announced October 18, 2022. Financial terms were not disclosed. As of September 30, 2022, Securian Financial retirement plans served companies of all sizes with $17 billion in total assets under administration.

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Read the transaction press release

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