Cleveland (May 15, 2003) -- Accounting firm consolidator Century Business Services announced Wednesday that it had bought Huntington, Calif. firm Martynec & Deering.

The 15-person firm was acquired to boost CBIZ’s Accounting, Tax and Advisory of Orange County division, which specializes in real estate, non-profits, local and federal government consulting. The division now employs more than 80 professionals and both offices will consolidate to a new location later this summer.

"The addition of Martynec & Deering substantially bolsters our tax capabilities," said Ron Conrad, President of CBIZ ATA of Orange County. "Moreover, Martynec & Deering's more than 300 clients can be well-served by CBIZ's other services, which greatly enhances our cross-serving possibilities."

"Merging our operations into CBIZ makes sense for the growth of our business, for our clients, and for our employees," stated Walter Martynec, President of Martynec & Deering. "We have offered a wide range of services to small to medium-sized businesses and high net worth individuals for over twenty years. This merger will allow us to offer a wider array of services to those clients and continue to attract the best talent."

CBIZ was once one of the nation’s fastest-growing accounting firm consolidators, but had slowed its pace of acquisitions in the past few years. It was ranked No. 10 on Accounting Today’s Top 100 list for 2002.

-- WebCPA staff

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