Texas-based risk management, executive compensation and benefits and corporate governance firm, NIP Inc., has acquired Retirement Capital Group (RCG), an executive compensation and benefit plan provider headquartered in San Diego, Calif. RCG, founded in 2002 by William MacDonald, has additional offices in Los Angeles, Milwaukee, Boston, Chicago and Atlanta.
RCG will operate as an additional business unit of NIP. The company will retain its brand, business model and strategic distribution relationships. Bill MacDonald will continue in his position as CEO.
NIP, with offices in Houston, Austin, Dallas and San Antonio, specializes in board of director/trustee protection, directors’ and officers’ liability insurance, property and casualty insurance, risk management, executive compensation consulting and executive and employee benefits.
Source: NIP, www.nationalinsurancepartners.com
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
