CBIZ secures N.J.-based employee benefits, retirement business
Written by Samantha Edmunds on January 13, 2012 – 7:43 pmA Cleveland, Ohio-based business services provider bought the employee benefits and retirement section from Advantage Benefit Planning (ABP), based in Pleasantville, N.J.
CBIZ acquired on Dec. 30, 2011, the employee benefits and retirement book of business from ABP.
Financial terms of the agreement were not disclosed.
The acquisition is expected to add about $900,000 in revenues to CBIZ.
The company said it will retain the staff of the employee benefits and retirement book of business, including Vaughan Reale, the principal.
CBIZ provides professional business services to more than 140 company offices in 36 states.
Tags: Business, Employee Benefits
Posted in Insurance Quotes | No Comments »
