CBIZ (CBZ) Acquires Employee Benefit, Retirement BoB from ABP

January 5, 2012 7:46 AM EST
CBIZ, Inc. (NYSE: CBZ) today announced that it has purchased the employee benefits and retirement book of business from Advantage Benefit Planning of Pleasantville, NJ, effective December 30, 2011.

The purchase of the employee benefits and retirement book of business from ABP will add approximately $900,000 in revenues to CBIZ with the addition of two employees, including principal Vaughan Reale.

Other financial terms were not given.


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