Ascensus to buy Polycomp Trust Co

Ascensus said Jan. 22 that it agreed to buy Polycomp Trust Co. Financial terms weren’t announced. Polycomp, of Sioux Falls, South Dakota, is a non-traditional asset custodian for self-directed IRAs. Ascensus also said it that it closed its buy of Provident Trust Group. Ascensus is backed by Genstar Capital and Aquiline Capital Partners.

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