About This Deal

CBIZ acquired Somerset CPAs and Advisors, a transaction announced in February 2023.

Indianapolis full-service accounting, tax and financial-advisory firm; a larger 2023 tuck-in (CBIZ recorded ~$3.4M of transaction/retention/integration costs tied to Somerset).

Indianapolis full-service accounting, tax and financial-advisory firm; a larger 2023 tuck-in (CBIZ recorded ~$3.4M of transaction/retention/integration costs tied to Somerset).

Deal Terms

Acquirer
CBIZ
Target
Somerset CPAs and Advisors
Value
Not disclosed
Date
February 2023
Type
Full acquisition
Status
Completed

Transaction Details

Announced
February 1, 2023

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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