GoldK acquired Retirement Horizons, a benefits consultant that provides record keeping, compliance and actuarial services for defined benefit and defined contribution plans. Terms were not disclosed. Retirement Horizons is GoldK’s fourth third-party administrator acquisition in 10 months. The acquisition gives GoldK an additional 150 plans, 45,000 participants and $900 million in assets under administration.
GoldK also received an additional $10.5 million in venture capital funding. TH Lee Putnam Ventures is providing $9.5 million, and Nuland & Arshad is providing $1 million. In December, Lazard Technology Partners invested $26 million in the firm.
