Ascensus Inc., an independent retirement and college savings services provider, announced the acquisition of Matthews Benefit Group Inc.

Matthews Benefit Group is a St. Petersburg, Fla.-based independent actuarial consulting and benefits administration firm.

Eric Brust is the CEO of Matthews Benefit Group.

Genstar Capital Management LLC and Aquiline Capital Partners LLC acquired Ascensus from J.C. Flowers & Co. LLC in 2015.