The Hartford Agrees to Acquire the Alliance Business of Princeton Retirement Group

The Hartford Financial Services Group, Inc., one of the nation’s largest diversified financial services companies, has agreed to acquire the defined contribution recordkeeping alliance business of Atlanta, Georgia-based Princeton Retirement Group. This acquisition, when completed, will give The Hartford a foothold in the business of providing record keeping services to large financial firms which offer defined contribution plans to their clients. With the transaction, The Hartford adds an additional $7 billion in retirement plan assets across over 720 plans and approximately 170,000 plan participants.

The Hartford Agrees to Acquire the Alliance Business of Princeton Retirement Group
Source: Business Wire