On the Record · Cbiz
Cbiz acquisitions, on the record
The businesses Cbiz bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Danenhauer and Danenhauer, Inc.Word for word“Effective January 1, 2023, we acquired all of the assets of Danenhauer and Danenhauer, Inc.("Danenhauer and Danenhauer").” 10-K for 2023 | agreed acquisition | January 1, 2023 | — |
Somerset CPAs and AdvisorsWord for word“Effective February 1, 2023, we acquired the non-attest assets of Somerset CPAs and Advisors ("Somerset").” 10-K for 2023 | agreed acquisition | February 1, 2023 | — |
Pivot Point SecurityWord for word“Effective June 1, 2023, we acquired all of the assets of Pivot Point Security ("PPS").” 10-K for 2023 | agreed acquisition | June 1, 2023 | — |
Ickovic and Co. PCWord for word“Effective June 1, 2023, we acquired all of the assets of Ickovic and Co. PC ("Ickovic and Co.").” 10-K for 2023 | agreed acquisition | June 1, 2023 | — |
American Pension Advisors, Ltd.Word for word“Effective July 1, 2023, we acquired all of the assets of American Pension Advisors, Ltd. ("APA").” 10-K for 2023 | agreed acquisition | July 1, 2023 | — |
one technology asset in the Financial Services practice groupWord for word“In 2023, we sold one technology asset in the Financial Services practice group.” 10-K for 2023 | divestiture | In 2023 | — |
Marcum LLPWord for word“In July 2024, CBIZ announced the acquisition of Marcum representing the largest transaction in the Company’s history.” 10-K for 2024 | agreed acquisition | July 2024 | — |
Erickson, Brown & Kloster LLCWord for word“Effective February 1, 2024, we acquired all of the assets of Erickson, Brown & Kloster LLC ("EBK").” 10-K for 2024 | acquisition | Effective February 1, 2024 | — |
CompuData, IncWord for word“Effective March 1, 2024, we acquired all of the assets of CompuData, Inc ("CompuData").” 10-K for 2024 | acquisition | Effective March 1, 2024 | — |
Educational & Institutional Insurance Administrators, IncWord for word“Effective June 1, 2024, we acquired all of the assets of Educational & Institutional Insurance Administrators, Inc ("EIIA").” 10-K for 2024 | acquisition | Effective June 1, 2024 | — |
Hoover Financial Advisors, IncWord for word“Effective October 1, 2024, we acquired all of the assets of Hoover Financial Advisors, Inc ("Hoover Financial Advisors").” 10-K for 2024 | acquisition | Effective October 1, 2024 | — |
one business unit in the Financial Services practice groupWord for word“In 2024, we sold CBIZ KA Consulting Services, LLC, which was a component of our National Practice group, and one business unit in the Financial Services practice group.” 10-K for 2024 | divestiture | In 2024 | — |
a sold business in the National Practice GroupWord for word“During the twelve months ended December 31, 2024, we recorded approximately $4.9 million gain related to a sold business in the National Practice Group.” 10-K for 2024 | divestiture | During the twelve months ended December 31, 2024 | approximately $4.9 million gain |
one business (immaterial to the consolidated financial statements)Word for word“In 2025, we completed one business acquisition in the fourth quarter that is immaterial to the consolidated financial statements.” 10-K for 2025 | acquisition | in the fourth quarter | — |
MarcumWord for word“During the fiscal quarter ended December 31, 2025, we completed the integration of Marcum, which was acquired in November 2024, into our internal control process.” 10-K for 2025 | acquisition | November 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $5.7 million | — | $39.8 million |
| 2017-12-31 | $28.1 million | — | $40.9 million |
| 2018-12-31 | $29.1 million | — | $36.1 million |
| 2019-12-31 | $11.7 million | $3,000 | $24.4 million |
| 2020-12-31 | $71.4 million | $711,000 | $97.4 million |
| 2021-12-31 | $66.7 million | $9.7 million | $60.4 million |
| 2022-12-31 | $79.1 million | $3 million | $79.1 million |
| 2023-12-31 | $53.1 million | $3.1 million | $45.3 million |
| 2024-12-31 | $1.09 billion | $7.1 million | $1.47 billion |
| 2025-12-31 | $1.6 million | $1.5 million | $1.9 million |
Deal filings since 2016
- 2026-07-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Cbiz’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.