CBIZ, Inc. (NYSE: CBZ), a provider of financial, insurance and advisory services, acquired Hamilton, NJ-based information security consulting firm Pivot Point Security.
The amount of the deal was not disclosed.
Founded in 2001 and led by John Verry, PPS helps small and middle market businesses navigate the complex challenges of information security and compliance. These services include certification and compliance preparation work for the most important U.S. and international regulatory frameworks, gap analyses, such as vulnerability assessments, penetration testing, and vendor risk management, and other consulting services such as outsourced virtual Chief Information Security Officer. PPS has 30 employees and recorded $6.6 million in revenue in 2022.
Led by Jerry Grisko, President and CEO, CBIZ is a provider of financial, insurance, and advisory services to businesses throughout the United States. Financial services include accounting, tax, government health care consulting, transaction advisory, risk advisory, and valuation services. Insurance services include employee benefits consulting, retirement plan consulting, property and casualty insurance, payroll, and human capital consulting. With more than 120 company offices in 33 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S.
FinSMEs
05/06/2023