CBIZ, once known as Century Business Services, started with a “rapacious appetite” for acquisitions. Now it’s the appetizer.
By CPA Trendlines Research
The company that helped pioneer Wall Street-backed accounting consolidation in the 1990s is set to be absorbed by today’s private-capital version of the same idea.
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Twenty-seven years ago, a rollup called Century Business Services was buying accounting firms with what its own mergers chief called a “rapacious appetite.” Today it goes by a different name — CBIZ. And on July 28, it agreed to be bought.
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