CBIZ expands in Denver
CBIZ has acquired “substantially all” of the assets of Greenwood, Village, Colorado-based CPA firm The Wenner Group LLC, as of Jan. 1, 2019.
The Top 100 Firm plans to integrate TWG into its Denver-based financial services practice, where it will report to senior managing director Dan Seff.
The combination adds 14 employees and $2.4 million in revenue into Cleveland-based CBIZ, which ranked No. 10 on the 2018 Accounting Today list of the Top 100 Firms, with $718 million in revenue.
TWG was founded in 1961, and offers accounting, tax and consulting services to small and midsized businesses.
“This acquisition further enhances our service offerings and brings additional scale to our Denver operations,” said CBIZ president and CEO Jerry Grisko, in a statement. “This is our third acquisition in Denver in as many years, which is a testament to our commitment and expectation for future growth in this important market. We look forward to working with The Wenner Group's outstanding team."
Gary Saltzman of The Wenner Group added in a statement, "We take pride in our long history of providing the highest level of service to our clients, who will now have access to a broader array of services and national expertise. Joining CBIZ not only affirms our commitment to our clients, but also provides our staff with additional growth and development opportunities as part of a leading national organization."