CBIZ CMF, the private equity consulting practice of Cleveland-based IPA 100 firm CBIZ (FY19 net revenue of $811 million), will operate under the new brand name of CBIZ Private Equity Advisory. CBIZ CMF, formerly known as CMF Associates, was originally acquired by CBIZ in 2017.
CBIZ Private Equity Advisory’s services are divided into the two core pillars. One is deal advisory, which includes transaction due diligence, carve-out planning and execution, integration planning and execution, post-transaction finance and executive talent. The other core pillar is performance management and improvement, which covers areas such as accounting operations and financial statement close, business process assessment and enterprise resource planning (ERP) transformation and technology strategy.
“Private equity is in our DNA; it’s at the core of everything we do,” says Seth Goldblum, senior managing director for CBIZ Private Equity Advisory. “Transitioning our name to CBIZ Private Equity Advisory reinforces our commitment to the private equity market and reflects our position as the preeminent provider of solutions to middle-market private equity firms and their portfolio companies.”