CBIZ Acquires Non-Attest Assets of Berntson Porter & Company, PLLC

CBIZ Acquires Non-Attest Assets of Somerset CPAs and Advisors

February 1, 2023

Accounting & Tax

CBIZ, Inc. acquired the non-attest assets of Somerset CPAs and Advisors, adding approximately $55 million of revenue and 250 employees to CBIZ’s business. Concurrently, Mayer Hoffman McCann P.C. (an independent CPA firm that works closely with CBIZ) acquired Somerset’s attest assets; the transaction expands CBIZ’s presence into the Indianapolis market and broadens its service capabilities.

CBIZ Acquires Erickson, Brown & Kloster; Mayer Hoffman McCann Acquires EBK Attest Assets

February 1, 2024

Accounting & Tax

CBIZ, Inc. acquired tax and accounting firm Erickson, Brown & Kloster, LLC (EBK) of Colorado Springs, CO, effective February 1, 2024. Concurrently, Mayer Hoffman McCann P.C. acquired the attest assets of EBK; EBK has 50 employees and reported about $8.9 million in revenue over the past year.

CBIZ Acquires Marcum’s Non-Attest Business

July 31, 2024

Accounting & Tax

CBIZ, Inc. has completed the acquisition of the non-attest business of Marcum LLP in a cash-and-stock transaction valued at approximately $2.3 billion, creating a combined organization with expected annualized revenue of about $2.8 billion. Concurrently, Marcum’s attest practice was transferred to an independent CPA firm (reported as Mayer Hoffman McCann P.C., which has since adopted the CBIZ CPAs P.C. name), and the deal expands CBIZ’s scale, service breadth and market position in accounting, tax, advisory and related professional services.

CBIZ Acquires ARC Consulting LLC and ARC Placement Group LLC

September 1, 2020

Accounting & Tax

CBIZ, Inc. acquired substantially all of the assets of ARC Consulting LLC and ARC Placement Group LLC (collectively "ARC") of San Francisco, effective September 1, 2020. The deal expands CBIZ's presence in Northern California and adds specialized accounting, IPO readiness and finance/talent placement capabilities to its advisory services.

CBIZ Acquires American Pension Advisors

July 1, 2023

Accounting & Tax

CBIZ, Inc. has acquired American Pension Advisors, Ltd., a retirement plan consulting and administration firm based in Indianapolis, effective July 1, 2023. The deal adds APA's 14 employees and roughly $2.9 million in revenue to CBIZ's Retirement Investment Services practice and strengthens CBIZ's presence in the Indianapolis metro market.

Mercer Advisors Acquires Berkson Asset Management and Steven M. Berkson, CPA

June 8, 2022

Financial Services

Mercer Global Advisors, Inc. (Mercer Advisors) acquired Berkson Asset Management, Inc. and Steven M. Berkson, CPA, A Professional Corporation, expanding Mercer's presence in California. Berkson — a Woodland Hills-based wealth management, tax and accounting practice managing roughly $185 million AUM for about 100 clients — will join Mercer's Woodland Hills location with the entire Berkson team.