M&A Deal Summary

CBIZ Acquires QBA Benefits

On September 4, 2019, CBIZ acquired business services company QBA Benefits

Acquisition Highlights
  • This is CBIZ’s 24th transaction in the Business Services sector.
  • This is CBIZ’s 51st transaction in the United States.
  • This is CBIZ’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2019-09-04
Target QBA Benefits
Sector Business Services
Buyer(s) CBIZ
Deal Type Add-on Acquisition

Target

QBA Benefits

Westlake, Ohio, United States
QBA Benefits LLC is an employee benefits agency serving small and mid-sized clients across many industries including service, technology, energy, and manufacturing. QBA Benefits LLC was founded in 2018 and is based in Westlake, Ohio.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 51 of 69
Sector (Business Services) 24 of 36
Type (Add-on Acquisition) 45 of 62
State (Ohio) 2 of 2
Country (United States) 51 of 68
Year (2019) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 Brinig Taylor Zimmer

San Diego, California, United States

Brinig Taylor Zimmer, Inc. is a specialized financial consulting firm providing forensic accounting, litigation consulting and business valuation services to a wide range of clients from individuals to small businesses and large publicly traded entities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-05 Alliance Insurance Services

Washington, District of Columbia, United States

Alliance Insurance Services, Inc. is an independent insurance agency providing property and casualty insurance as well as personal lines to small and midsized clients across many industries including charter schools, real estate, construction, and technology in the DC metro area.

Buy -
Mergr

Product

Company

Legal