CBIZ/Mayer Hoffman McCann Snaps Up IPA Best of the Best Firm

Cleveland-based CBIZ & Mayer Hoffman McCann (FY10 net revenue of $590.6 million) acquired the non-attest business and attest business of Memphis-based Thompson Dunavant (FY10 net revenue of $17 million) in August. In 2009 TD was named an IPA Best of the Best.

Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger commented, “Thomson Dunavant is one of the most successful local CPA firms in the entire U.S. and that is what attracted CBIZ to them. For TD, CBIZ provides greater breath of products and services and as well as additional growth opportunities for their people. I believe this marriage may have stated in Memphis but it will ultimately cover the entire state.”