CBIZ Mergers and Acquisitions Summary

Business ServicesCompany

CBIZ has acquired 66 companies, including 20 in the last 5 years. It has also divested 3 assets.

CBIZ’s largest acquisition to date was in 2019, when it acquired Paydayta for -. It’s largest disclosed sale occurred in 2013, when it sold Medical Management Professionals to Zotec Partners for $200M. CBIZ has acquired in 28 different US states, and 2 countries. The Company’s most targeted sectors include business services (54%) and insurance (44%).

Join Mergr and gain access to CBIZ’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the business services sector.

M&A Summary

  • M&A Total Activity69
    • M&A Buy Activity66
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 10

CBIZ

CBIZ, Inc.

6801 Brecksville Road Door N. Independence,
Cleveland, Ohio 44131
United States,
(216) 447-9000
www.cbiz.com

CBIZ provides professional business services, products and solutions that help its clients grow and succeed by better managing their finances and employees. These services are provided to businesses of various sizes, as well as individuals, governmental entities and not-for-profit enterprises throughout the United States and parts of Canada. CBIZ delivers its integrated services through the following three practice groups: Financial Services, Employee Services, and National Practices. By providing custom solutions that help clients manage their finances and employees, CBIZ enables its clients to focus their resources on their own core business and operational competencies. CBIZ was founded in 1987 and is based in Cleveland, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (3.8/yr) # 47 4 5 5 2 3 66
Sell (0.2/yr) # 2 - 1 - - - 3
vol $200M $200M
  69

Most Recent M&A

Company Date Value Type
American Pension Advisors Ltd. 2023-07-01 - Add-on Acquisition
Indianapolis, Indiana · www.apapensions.com
Pivot Point Security, Inc. 2023-06-05 - Add-on Acquisition
Hamilton, New Jersey · www.pivotpointsecurity.com
Somerset CPAs and Advisors 2023-02-02 - Add-on Acquisition
Indianapolis, Indiana · www.somersetcpas.com
Stinnett & Associates, Inc. 2022-07-01 - Add-on Acquisition
Tulsa, Oklahoma · www.stinnett-associates.com
Marks Paneth LLP 2022-01-10 - Add-on Acquisition
New York, New York · www.markspaneth.com
Shea Labagh Dobberstein Certified Public Accountants, Inc. 2021-09-01 - Add-on Acquisition
San Francisco, California · www.sldcpa.com
Schramm Health Partners LLC 2021-06-04 - Add-on Acquisition
Scottsdale, Arizona · www.optumas.com
Berntson Porter & Company, PLLC 2021-04-29 - Add-on Acquisition
Bellevue, Washington · www.bpcpa.com
Richey May & Co. - Middle Market Advisory Group 2021-01-11 - Divestiture
Englewood, Colorado
Borden Perlman Insurance Agency, Inc. 2021-01-04 - Add-on Acquisition
Ewing, New Jersey · www.bordenperlman.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 35 (53%) - 2 (67%) 200M (100%)
Insurance 29 (44%) - 1 (33%) -
Financial Services 1 (2%) - - -
Information Technology 1 (2%) - - -
Total 66 - 3 $200M

By Geo

State/Country Buy Value Sell Value
United States 65 - 3 200M
  California 8 - - -
  Florida 6 - - -
  Pennsylvania 4 - - -
  New Jersey 4 - - -
  Missouri 3 - - -
  Georgia 3 - - -
  Colorado 3 - - -
  Tennessee 2 - 1 200M
  Ohio 2 - 1 -
  Arizona 2 - - -
  New York 2 - - -
  Minnesota 2 - - -
  Massachusetts 2 - - -
  Maryland 2 - - -
  Indiana 2 - - -
  Alabama 1 - - -
  Virginia 1 - - -
  Utah 1 - - -
  Texas 1 - - -
  Rhode Island 1 - - -
  Oklahoma 1 - - -
  North Carolina 1 - - -
  Michigan 1 - - -
  Kansas 1 - - -
  Idaho 1 - - -
  District of Columbia 1 - - -
  Connecticut 1 - - -
United Kingdom 1 - - -
  Washington 1 - - -
Domestic 65 (98%) - 3 (100%) 200M (100%)
Cross-border 1 (2%) - - -
Total 66 - 3 $200M

Deal Values

buy # Total
TOTAL -
Largest Paydayta, Inc.
- (2019-07-02)
sell # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest Medical Management Professionals, Inc.
$200M (2013-09-03)

M&A Connections

Deals
Acquired from
Strategic(s)
11%
7 (11%)
Divested to
Strategic(s)
100%
3 (100%)

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