CBIZ, Inc. (CBZ) Inks Deal to Acquire Actuarial Consultants, Inc.
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CBIZ Acquires California-Based Actuarial Consultants, Inc.
November 2, 2016 4:16 PM EDTCLEVELAND, Nov. 2, 2016 /PRNewswire/ --Â CBIZ, Inc. (NYSE: CBZ) (the "Company") today announced that it has acquired Actuarial Consultants, Inc. ("ACI") effective November 1, 2016.Â
ACI was founded in 1983 and is based in Torrance, California. With approximately $2.5 million in annual revenue, ACI provides design, consultation and administration of 401(k) plans, profit-sharing plans, non-qualified plan administration and traditional defined benefit plans to more than 400 clients.
Justin Bonestroo of ACI said, "We are very excited to join CBIZ. ACI has long been committed to providing the highest level of consulting to our clients,... More