With offices in most major metropolitan areas and suburban
cities throughout the U.S., CBIZ, Inc. delivers financial services
as well as benefits and insurance services through its two core
divisions, CBIZ MHM, LLC and CBIZ Benefits & Insurance
Services, Inc., respectively.
CBIZ MHM, LLC has a seamless working relationship with MHM
(Mayer Hoffman McCann P.C.). Together, CBIZ and MHM are one of the
10 largest accounting service providers in the U.S. CBIZ provides
outsourced business services such as accounting and tax as well as
a wide range of consulting services. Included within CBIZ's
consulting services expertise are transaction and
transition-focused financial, operational, and human capital
solutions for private equity firms and their portfolio
companies.
MHM is a national, independent CPA firm that provides audit,
review and attest services. Through their close working
relationship, CBIZ and MHM serve clients around the U.S. as well as
globally through MHM's membership in Kreston International, a
global network of independent accounting firms. Services are
provided to organizations in a variety of industries including:
agribusiness, construction, financial institutions, hospitality and
entertainment, manufacturing and distribution, not-for-profit and
education, private equity, professional services, real estate,
retail, and technology and life sciences. In 2018, CBIZ,
Inc.'s revenue was $922 million.
CBIZ, Inc. was founded in 1996 as a result of the merger between
Republic Environmental Systems and Century Surety Group. The two
companies combined to become International Alliance Services, Inc.
(IASI). In December 1997, IASI changed its name to Century Business
Services, Inc. Often referred to as "CBIZ" due to its NASDAQ
ticker symbol, the company legally changed its name to CBIZ, Inc.
in August 2005. CBIZ began trading on the New York Stock Exchange
in August 2006 under the symbol "CBZ."
MHM has roots dating back to 1954 when Ernest D. Mayer opened an
accounting practice in Kansas City, MO. Mayer later merged his
practice with one owned by Bill Hoffman. In 1978, Chuck McCann
joined the firm and its name changed to Mayer Hoffman McCann P.C.
In 1998, MHM spun off its tax and consulting practice to Century
Business Services, Inc.; at this time, a formal structure was
established for the two companies to work closely together in
meeting client needs.