CBIZ MHM EXPANDS IN FLORIDA


Friday, November 5th, 2010

CBIZ MHM  EXPANDS IN FLORIDA

CBIZ MHM today announced the acquisition of Kirkland, Russ, Murphy & Tapp (“KRMT”), one of the largest accounting firms in the Greater Tampa Bay marketplace.

Founded in 1991 KRMT provides assurance, tax, business valuation, financial advisory and consulting services to private and publicly-traded (SEC) businesses, as well as not-for-profit and governmental entities. KRMT was recently named by INSIDE Public Accounting (IPA) as one of the “Best of the Best” for 2010 and has been recognized by the Tampa Bay Business Journal as a “Best Places to Work” for five consecutive years.  KRMT has 75 associates with fee income of US$12m.

CBIZ Executive Managing Director, Saul Reibstein, stated, “We are excited to have KRMT become part of the CBIZ organization.  They are a highly respected firm that focuses on providing exceptional client service and they are culturally aligned with CBIZ. This transaction is consistent with our strategy of acquiring regionally dominant firms in major markets.

MHM President, Bill Hancock added “”Not only does the KRMT expertise line up well to help enhance and further build out some of our industry and specialty practices, but we’re also gaining some excellent quality talent, as well as additional public company and employee benefit plan experience. Combined with our existing Boca Raton and Miami locations, and the January 2010 acquisition of Goldstein Lewin & Co.’s attest practice in South Florida, MHM is well positioned to be a premier, leading firm in Florida.”

Commenting on becoming part of CBIZ MHM, KRMT Managing Shareholder Bill Tapp stated, “The CBIZ organization has a strong commitment to client service and a service promise very similar to that found in KRMT’s vision statement. That commitment coupled with the opportunity to be part of a dynamic and growing national platform that provides greater opportunities for our clients and new growth opportunities for our team members will enhance the long-term continuity and success of our practice and benefit everyone.”.

Jon Lisby, Kreston’s Executive Director said – “We are delighted to welcome the KRMT team to Kreston International – Congratulations to all involved”

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