Wrangle, LLC

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Wrangle, LLC - overview

Established

2006

Location

Junction City, OR, US

Primary Industry

Business Support Services

About

Wrangle, LLC provides comprehensive ERISA reporting and compliance services, specializing in the preparation of Form 5500 and Wrap Plan Documents, streamlining adherence to federal regulations for insurance brokers and their clients. Founded in 2006 in Junction City, US, Wrangle, LLC focuses on ERISA compliance services. The company was acquired by Ascensus, LLC in April 2019. The founder's history is not publicly available.


Wrangle has completed a total of 2 deals, with the most recent deal occurring on March 26, 2019. Wrangle specializes in ERISA reporting and disclosure services, particularly for Form 5500 preparation and Wrap Plan Document creation. Their offerings include managing the Form 5500 process, preparing customized ERISA Plan Documents, conducting nondiscrimination testing, and providing a one-stop compliance solution for insurance brokers throughout the US. With over 17 years in the industry, the company serves a diverse clientele from small firms to large national organizations.


Wrangle operates on an annual flat fee pricing model for its services, allowing clients to budget easily regardless of the number of ERISA plans filed. The business-to-business transactions occur mainly through insurance brokers who serve employer clients needing compliance. Their revenue model features comprehensive service bundles that include unlimited Schedule As collection and delivery of signature-ready Form 5500s and Summary Annual Reports, maintaining consistent pricing since the company's inception. After its acquisition by Ascensus, LLC on March 26, 2019, Wrangle plans to leverage resources for expanding its service offerings and potentially entering new markets.


Although specifics on new product launches or geographic expansions have not been disclosed, the integration with Ascensus may catalyze growth in compliance service capabilities. The financial terms of the acquisition were not disclosed, but it is anticipated that resources from this deal will facilitate these growth initiatives.


Current Investors

Ascensus, Small Business Community Capital

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Health Insurance, Insurance Intermediaries, Life Insurance, Web Applications, Analytics & Performance Software

Website

www.wrangle5500.com

Verticals

Cloud Computing, RegTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Wrangle, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedWrangle, LLC-
BuyoutCompletedWrangle, LLC-

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