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  6. Group Management Services Acquires Corporate Business Solutions

M&A Deal Summary

Group Management Services Acquires Corporate Business Solutions

On June 19, 2020, Group Management Services acquired business services company Corporate Business Solutions

Acquisition Highlights
  • This is Group Management Services’ 1st transaction in the Business Services sector.
  • This is Group Management Services’ 1st transaction in the United States.
  • This is Group Management Services’ 1st transaction in Illinois.

M&A Deal Summary
Date 2020-06-19
Target Corporate Business Solutions
Sector Business Services
Buyer(s) Group Management Services
Deal Type Add-on Acquisition

Target

Corporate Business Solutions

Schaumburg, Illinois, United States
Corporate Business Solutions, Inc. is a provider of business analytics, consulting, and strategic tax planning projects. Corporate Business Solutions is based in Schaumburg, Illinois.

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Buyer(S) 1

Buyer

Group Management Services

Richfield, Ohio, United States
Category Company
Founded 1996
Sector Business Services
DESCRIPTION

Group Management Services, Inc. is a professional employer organization (PEO) and a benefits administrator. Group Management Services was founded in 1996 and is based in Richfield, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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