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CBIZ Buys Payroll Control Systems

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CBIZ, Inc. (NYSE: CBZ) today announced that it has acquired certain assets of Diversified Industries, Inc., d/b/a Payroll Control Systems, ("PCS") of Brooklyn Center, MN, effective December 31, 2012.

Established in 1996, PCS provides payroll, payroll tax, time and labor, and human resources solutions to more than 1,400 small and mid-sized clients in all 50 states. This acquisition is expected to add 37 employees and approximately $6.0 million to CBIZ annualized revenue.

Posted-In: News M&A


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