CLEVELAND, Sept. 1, 2020 /PRNewswire/ — CBIZ, Inc. (NYSE: CBZ) (“the Firm”), a number one supplier of economic, insurance coverage and advisory providers, introduced the acquisition of considerably all the belongings of ARC Consulting LLC and ARC Placement Group LLC (collectively “ARC”) of San Francisco, CA, efficient September 1, 2020.
Based by Gary Klintworth and Jim Loughmiller in 2007, ARC offers specialised accounting and advisory providers to high-growth corporations within the San Francisco Bay Space. ARC’s providers embrace technical and transactional accounting, inside and exterior reporting, exterior audit preparation, techniques implementation, course of enchancment, and IPO advisory and consulting. Finance and accounting expertise placement providers had been added in 2015 with the addition of Harris Klein.
ARC has 46 workers with roughly $17.three million in annual income.
Jerry Grisko, President and CEO of CBIZ, said, “We’re happy to welcome Gary, Jim and the whole ARC crew to CBIZ. ARC serves most of the quickest rising companies in North America and their dedication to consumer service is mirrored of their notable popularity and firm tradition. This acquisition strengthens CBIZ’s presence in Northern California and enhances our capacity to supply a broad array of specialised accounting providers together with IPO readiness and different public firm reporting. We look ahead to working intently with the ARC crew to proceed to develop this enterprise not solely within the Bay Space, however throughout our nationwide CBIZ platform.”
Gary Klintworth of ARC, said, “We’re extraordinarily excited to hitch CBIZ. This mixture considerably expands the depth and breadth of providers that we will present to our shoppers and prospects within the Bay Space and offers alternatives for us to speed up nationwide growth of a lot of our providers.” Jim Loughmiller of ARC, added, “We discovered a associate with the proper company tradition to assist us serve our shoppers and supply expansive alternatives for our crew members. Moreover, we look ahead to the chance to serve CBIZ shoppers with all of our present and future service choices whereas we proceed to help our present consumer base, significantly these excessive progress corporations in want of specialised accounting providers.”
CBIZ, Inc. is a number one supplier of economic, insurance coverage and advisory providers to companies all through the USA. Monetary providers embrace accounting, tax, authorities well being care consulting, transaction advisory, danger advisory, and valuation providers. Insurance coverage providers embrace worker advantages consulting, retirement plan consulting, property and casualty insurance coverage, payroll, and human capital consulting. With greater than 100 Firm workplaces in 31 states, CBIZ is among the largest accounting and insurance coverage brokerage suppliers within the U.S. For extra info, go to www.cbiz.com.
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SOURCE CBIZ, Inc.