CBIZ Acquires Richey May’s Middle Market Advisory Practice

Cleveland-based IPA 100 firm CBIZ (FY19 net revenue of $811 million) has acquired the middle market advisory group of Englewood, Colo.-based IPA 200 firm Richey May & Co. (FY19 net revenue of $31.7 million).

With 26 employees and approximately $3.6 million in annual revenue, Richey May’s middle market advisory group provides tax compliance and consulting services to middle market companies and family groups in the real estate, automotive, technology and SAAS, construction and manufacturing industries.

“The middle market advisory group established its reputation through exemplary client service specifically for middle market businesses and high-net-worth individuals,” says CBIZ president and CEO Jerry Grisko. “With expanded services and capacity, our combined team is poised to bring even deeper expertise and a broader array of services to support the needs of our clients.”

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