M&A Deal Summary

CBIZ Acquires Pension Resource Group

On October 1, 2015, CBIZ acquired financial services company Pension Resource Group

Acquisition Highlights
  • This is CBIZ’s 1st transaction in the Financial Services sector.
  • This is CBIZ’s 39th transaction in the United States.
  • This is CBIZ’s 3rd transaction in Georgia.

M&A Deal Summary
Date 2015-10-01
Target Pension Resource Group
Sector Financial Services
Buyer(s) CBIZ
Deal Type Add-on Acquisition

Target

Pension Resource Group

Roswell, Georgia, United States
Pension Resource Group, Inc. provides pension administration solutions including defined benefit administration, data warehousing, benefit communication, compensation statement and human capital services to clients ranging in size from 500 to over 60,000 participants.

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Buyer(S) 1

Buyer

CBIZ

Cleveland, Ohio, United States
Category Company
Founded 1987
Sector Business Services
Employees6,700
Revenue 1.6B USD (2023)
DESCRIPTION

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 39 of 69
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 35 of 62
State (Georgia) 3 of 3
Country (United States) 39 of 68
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-10 CBIZ Bethesda Practice

United States

CBIZ Bethesda Practice is a provider of auditing and accounting services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 The Cottonwood Group

Leawood, Kansas, United States

The Cottonwood Group, Inc. is a provider of pension plan consulting, actuarial and investment services for institutional pension plans, retirement funds, endowment funds and foundations.

Buy -
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