American Benefit Plan Administrators
- American Benefit Plan Administrators
American Benefit Plan Administrators, Inc., (ABPA) founded in 1951, is one of the oldest third party administration (TPA) firms in the US,Fact|date=August 2008 mainly serving clients in the Taft-Hartley industry,Fact|date=August 2008 pension plans and voluntary employee benefit associations (VEBA).Fact|date=August 2008
ABPA has been operating its services through a network of service centers located through out the US.Fact|date=August 2008 The company is based in Las Vegas, Nevada.Fact|date=August 2008
Prior to 2001, ABPA was publicly traded as part of Planvista Corporation (Nasdaq: PVST). On June 18, 2001 ABPA went private, when it was acquired by Sun Capital Partners, a private equity firm, through its affiliate HealthPlan Holdings, Inc.Fact|date=August 2008
After its acquisition by Sun Capital, ABPA's growth strategy has been based mostly on growth through acquisitions.Fact|date=August 2008 As part of this strategy ABPA had acquired Administrative Services, Inc., Atlanta, Georgia, OBA Midwest, Burr Ridge, Illinois and Administrative Services, Inc., Portland, Washington.Fact|date=August 2008
References
* [http://sec.edgar-online.com/2001/08/15/0001021408-01-505382/Section7.asp Planvista Corp Quarterly Report]
* [http://findarticles.com/p/articles/mi_m0EIN/is_2005_August_23/ai_n14928879 Acquisition of AAI]
* [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4366839 BusinessWeek Research Snapshot]
External links
* [http://www.abpa.com ABPA, Inc.]
* [http://www.suncappart.com Sun Capital Partners, Inc. Website]
* [http://www.healthplanholdings.com HealthPlan Holdings, Inc.]
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