CBIZ ACQUIRES STINNETT & ASSOCIATES, PROFESSIONAL CONSULTING FIRM WITH OFFICES IN OKLAHOMA, TEXAS AND COLORADO

CLEVELAND, July 8, 2022 /PRNewswire/ — CBIZ, Inc. (NYSE: CBZ) (“the Company”), a leading provider of financial, insurance and advisory services, today announced the acquisition of Stinnett & Associates (“Stinnett”) of Tulsa, Oklahomaefficient July 1, 2022.

Founded by Melinda Stinnet in 2001, Stinnett is a professional, certified Women’s Business Enterprise consulting firm providing internal audits, Sarbanes-Oxley compliance, cybersecurity reviews, business continuity and disaster recovery, and fraud investigations to enterprises of all sizes, including Fortune 1000 organizations in a variety of industries.

With offices at Tulsa, Oklahoma Town, dallas, Houston, San Antonio and denverStinnett has 90 employees and approximately $16.4 million in annual income.

Jerry GriskoPresident and CEO of CBIZ, said, “In line with our long-term growth strategy, we continue to expand and strengthen our consulting services through the acquisition of best-in-class companies that bring expertise depth, valuable talent and diverse clients at CBIZ. Our acquisition of Stinnett & Associates, a leading provider of on-demand consulting services, including cybersecurity and SOX compliance, will allow us to better serve our combined customers and create new opportunities to accelerate growth. Stinnett, we have found a partner with a strong commitment to customer service and a values-based culture that closely aligns with our own. We are delighted to welcome Melinda and the entire Stinnett team to CBIZ.

Melinda StinnetChief Executive Officer of Stinnett, said, “We have spent the past 21 years building an exceptional professional consulting services company focused on our people, our clients and the communities in which we work and live. We are delighted to join CBIZ. who, we know, shares the same passion. We look forward to expanding the solutions we can offer our customers as well as the growth and development opportunities available to our team members. »

About BIZC

CBIZ, Inc. is a leading provider of financial, insurance and business advisory services worldwide. United States. Financial services include accounting, tax, government health care consulting, transaction consulting, risk consulting and valuation services. Insurance services include benefits consulting, pension consulting, property and casualty insurance, payroll and human capital consulting. With over 100 offices in 32 states, CBIZ is one of the largest insurance accounting and brokerage providers in the United States. For more information, visit www.cbiz.com.

Forward-looking statements

The forward-looking statements contained in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. . These risks and uncertainties include, but are not limited to, the risk that the anticipated benefits and perceived benefits of the acquisition will not be realized; the impact of COVID-19 on the business and operations of the Company and those of our customers; the Company’s ability to adequately manage and sustain its growth; the Company’s dependence on the current trend to outsource business services; the Company’s dependence on the services of its CEO and other key employees; competitive pricing pressures; general commercial and economic conditions; and changes in government regulations and tax laws affecting the company’s insurance business or business services business. A more detailed description of these risks and uncertainties can be found in the Company’s filings with the Securities and Exchange Commission at www.sec.gov.

SOURCECBIZ, Inc.

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