CBIZ, Inc. (CBZ) Announces Acquisition of The Seff Group

November 3, 2016 5:45 AM EDT

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CBIZ, Inc. (NYSE: CBZ) announced that it has acquired the non-attest business of The Seff Group, P.C., based in Denver, Colorado, effective November 1, 2016.

Founded in 1990, The Seff Group has annual revenues of approximately $4.2 million. It provides full-service accounting, tax, compliance and financial consulting services to closely held businesses, their owners and related entities, to high-net-worth individuals and family groups, and to trusts and estates.

Dan Seff of The Seff Group said, "The Seff Group and CBIZ are a perfect match. The Denver metropolitan area now has a new and powerful team to support clients' accounting, tax and financial service needs. As part of CBIZ we will combine an unmatched local presence and experience with the depth and expertise of a leading national provider. It's an exciting day for our team and our clients."

Jerry Grisko, president and CEO of CBIZ, said, "The Seff Group is very well known and respected in the Denver market, and we look forward to working with Dan and his team. In addition to greatly strengthening our current offerings, this acquisition will enhance our leadership and add meaningful scale to our presence in Denver -- an important market for CBIZ."

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