CLEVELAND, Jan. 11, 2021 /PRNewswire/ -- CBIZ, Inc.
(NYSE: CBZ) ("the Company"), a leading provider of financial,
insurance and advisory services, announced the acquisition of
Middle Market Advisory Group ( "MMA") from Richey May & Co. ("RMC") of Englewood, CO, effective January 1, 2021.
MMA provides tax compliance and consulting services to middle
market companies and family groups in the real estate, automotive,
technology and SAAS, construction, and manufacturing industries.
MMA has 26 employees and approximately $3.6
million in annual revenue.
Jerry Grisko, President and CEO
of CBIZ, stated, "We are excited to have the team at MMA join our
rapidly growing Colorado
practice. This talented group of professionals brings
important capacity to our existing team of exceptional tax
practitioners and adds to our expertise in a number of very
attractive industries. The MMA group established its reputation
through exemplary client service specifically for middle market
businesses and high net worth individuals. With expanded services
and capacity, our combined team is poised to bring even deeper
expertise and a broader array of services to support the needs of
our clients."
Jason Yetter, Managing Partner of
RMC, stated, "With a seamless integration into CBIZ, our mid-market
tax clients will have access to the services and expertise they
need to grow their businesses along with the resources of a
national company. We will continue to build on our roots in
financial services and other industry niches. This is a perfect
strategic fit for both Richey May
and CBIZ."
About CBIZ
CBIZ, Inc. is a leading provider of
financial, insurance and advisory services to businesses throughout
the United States. Financial
services include accounting, tax, government health care
consulting, transaction advisory, risk advisory, and valuation
services. Insurance services include employee benefits consulting,
retirement plan consulting, property and casualty insurance,
payroll, and human capital consulting. With more than 100 Company
offices in 31 states, CBIZ is one of the largest accounting and
insurance brokerage providers in the U.S. For more information,
visit www.cbiz.com.
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SOURCE CBIZ, Inc.