CBIZ
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| Type | Public company |
|---|---|
| Traded as | NYSE: CBZ |
| Industry | Professional services |
| Founded | 1996 (as International Alliance Services, Inc.) |
| Headquarters | Cleveland, Ohio United States |
| Area served | Nationwide |
| Key people | Steven L. Gerard (CEO and Chairman) |
| Services | Audit, tax, financial advisory, consultancy, benefits, insurance, payroll |
| Revenue |  US$732.5M (FY 2010)[1] |
| Employees | 5,000 (2011) |
| Divisions | Advisory, tax, transactions, financial services, employee management, insurance services, payroll services |
| Website | www.cbiz.com |
CBIZ Inc. (NYSE: CBZ) is an American business services provider, specializing in a wide range of accounting and business management services, including accounting and tax, internal audit, merger and acquisition advisory, valuation services, payroll, and insurance services.
The company maintains more than 140 company offices in 36 states.[2]
CBIZ also provides outsourced technology staffing and support services, healthcare consulting, and medical practice management.[3]
Additionally, through its association with Mayer Hoffman McCann P.C. (MHM), a national, independent CPA firm, the company provides audit and attest services.[4][5]
CBIZ is ranked among the largest property and casualty insurance brokers in the United States,[6] as the second largest benefits specialist in the U.S.,[7] and, together with MHM, as one of the top ten accounting providers in the country.[8]
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[edit] History
In October 1996, Republic Environmental Systems, which had separated from Republic Industries a year earlier, merged with CBIZ Surety Group, a private company. The newly formed company became International Alliance Services, Inc.[9]
In December 1997, International Alliance Services changed its name to Century Business Services, Inc.
In August 2005, Century Business Services changed its name to CBIZ.
On August 4, 2006, CBIZ began trading on the New York Stock Exchange under the ticker symbol "CBZ."[10]
[edit] National structure
CBIZ operates through CBIZ member company offices. There are currently more than 140 offices and 5,000 associates operating in major metropolitan areas and suburban cities throughout the United States.
Corporate headquarters are located in Cleveland, Ohio.
[edit] Services
CBIZ provides business services to organizations and individual clients.
[edit] Financial services
- Accounting, tax and advisory
- Forensic and financial services
- Mergers and acquisitions
[edit] Employee services
- Employee benefits and insurance services
- Retirement plan solutions
- Payroll/ Flex/ COBRA
- HR solutions
- Property & casualty
- Health reform
- Corporate services
- Financial solutions
- Human capital services
- Compensation consulting
[edit] Mayer Hoffman McCann
Mayer Hoffman McCann P.C. (MHM) is a national independent accounting firm with 35 offices throughout the U.S. CBIZ and MHM are affiliated through an alternative practice structure; the companies are separate and independent legal entities. CBIZ, Inc. is not a licensed CPA firm.[11][12]
[edit] Name and branding
The CBIZ originates from the acronym for Century Business Services, Inc., the company’s name until August 2005. The motto of the company is “Our business is growing yours.”[13]
[edit] Awards
[edit] References
- ^ CBIZ Reports Fourth-Quarter and Year-End 2010 Results – CBIZ (press release)
- ^ CBIZ, Mayer Hoffman Acquire Local Accounting Firm – St. Louis Business Journal
- ^ CBIZ Acquires Retirement Plan Consulting Firm South Winds – AccountingWEB
- ^ CBIZ and Mayer Hoffman McCann – Accounting Today
- ^ Mayer Hoffman McCann, CBIZ Buy Florida Company – Kansas City Business Journal
- ^ Business Insurance Top 100 Largest U.S. Insurance Brokers – Business Insurance
- ^ Largest U.S. Benefit Specialists - Business Insurance, July 18, 2011, p. 20.
- ^ 2011 Top Accounting Firms – Accounting Today
- ^ Republic Environmental to Sell a Majority Stake – The New York Times
- ^ CBIZ Earnings Skyrocket - Crain’s Cleveland Business
- ^ Effort Seeks Jobs for Katrina Refugees – Philadelphia Business Journal
- ^ AL International (JCOF) Engages Mayer Hoffman McCann – PR Newswire
- ^ CBIZ, Inc. company website
- ^ 2011 Best Places to Work - Tampa Bay Business Journal
- ^ 2011 Best Places to Work - Philadelphia Business Journal
- ^ 2011 Best Places to Work - Virginia Business
