M&A Deal Summary |
|
|---|---|
| Date | 2016-07-05 |
| Target | Ed Jacobs & Associates - Employee Benefits Business |
| Sector | Insurance |
| Buyer(s) | CBIZ |
| Sellers(s) | Ed Jacobs & Associates |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Business Services |
| Employees | 6,700 |
| Revenue | 1.6B USD (2023) |
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.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 69 |
| Sector (Insurance) | 25 of 29 |
| Type (Divestiture) | 5 of 7 |
| State (Tennessee) | 2 of 2 |
| Country (United States) | 43 of 68 |
| Year (2016) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-02 |
Flex-Pay Business Services
Winston-Salem, North Carolina, United States Flex-Pay Business Services, Inc. is a provider of payroll processing, affordable care act fulfillment, and human resource solutions to more than 3,600 clients primarily in the southeast. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-02 |
The Seff Group P.C. - Non-Attest Business
Denver, Colorado, United States The Seff Group, P.C. - Non-Attest Business is a provider of financial advisory services. |
Buy | - |
Ed Jacobs & Associates, Inc. is a provider of insurance agency and employee benefits products and services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
