The business consulting firm CBIZ, Inc. has announced that it will close its current Miami, Florida, office. A small number of staff will be relocated to CBIZ’s office in Boca Raton, Florida and the remainder of the staff will join Cherry Bekaert LLP in its Miami office.
“The relatively small size of our Miami accounting office did not provide us with sufficient scale to provide our expected array and level of professional services to our clients in the Miami market,” said Steven L. Gerard, Chairman and Chief Executive Officer of CBIZ. “This transaction will allow us to place our existing staff and clients in offices that are better able to serve their needs while we continue our search for a significant acquisition candidate in the Miami area that will provide us with a sufficient platform to distinguish ourselves from other high quality firms in the market.”
“CBIZ is committed to the Florida market and is making significant investments to expand our presence there,” he added. “During 2014, CBIZ has made two strategic acquisitions in Florida, one in Tampa, and another in Delray Beach, in order to extend the breadth and quality of services we provide to our clients. With existing offices in Tampa, Orlando, Boca Raton, and Delray Beach, CBIZ will continue to explore additional acquisition opportunities within the state, including the important Miami market.”
CBIZ provides professional business services including accounting, tax, financial advisory, government health care consulting, risk advisory, real estate consulting, and valuation services. Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, HR consulting, and executive recruitment.