Deals & People August 1, 2011

CBIZ to Acquire Multiple Benefit Services

CBIZ, Inc. has signed an agreement to acquire Multiple Benefit Services, Inc. (MBS).
Reported by

MBS provides employee benefit consulting, support, and services to 80 national and international clients, ranging in size from Fortune 500 companies to those with less than 100 employees. The Atlanta-based firm, founded in 1992, recorded approximately $3.5 million in revenue during the past year.

CBIZ offers financial services, such as accounting and tax, internal audit, merger and acquisition advisory and valuation services, to help clients better manage their finances and employees. Employee services include group benefits, property and casualty insurance, retirement plan consulting, payroll, HR consulting, and wealth management, as well as outsourced technology staffing and support services, healthcare consulting, and medical practice management.

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“We believe that CBIZ’s full suite of insurance and financial services positions MBS to offer significantly expanded resources to our existing client base,” said Marion B. Schremp, MBS CEO. “This merger also allows us to move forward with and accelerate our own growth plans.”

Products August 1, 2011

BCG Launches Newly Designed Web site

Benefit Consultants Group (BCG) is rolling out a new Web site, www.bcgbenefits.com. 
Reported by

BCG says the site has richer content, improved navigation, a more robust search function, and enhanced visuals to guide clients through BCG’s practice areas and industry expertise. The company produced a video featured on the site’s homepage, “The BCG difference,” which highlights its corporate values.

The site also has a new section for advisers, called “Help you grow your business,” which includes information and personal assistance to help advisers build and retain more business.  Other services include sales and consulting assistance, prospecting help, and xpress proposal service.Advisers will also have access to BCG’s 401(k) X-Ray Service and Concierge Club Reward Program.

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“Our primary objective for reinventing our website was to help educate and engage clients by connecting them to specific retirement plan solutions.  We are confident that our clients will find their experience at www.bcgbenefits.com to be greatly improved,” said Beau Adams, Executive Vice President of Business Development at BCG.

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