In an Industry Reshaped by Private Equity, One Family Firm Has Stayed the Course

Source: International Business Times

Unsplash Private equity has quietly consolidated much of the government contractor benefits administration market. The firms that remain independent are navigating a landscape their larger, PE-backed rivals have increasingly standardized. Over the past decade, private equity has moved steadily into the business of government contractor benefits administration, a specialized, compliance-heavy field that serves the companies hired by the federal government to perform essential services: cleaning federal buildings, staffing courthouse security, hauling the mail.