CBIZ Acquires Tegrit’s Retirement Planning

CBIZ Inc. said it has acquired the actuarial and retirement planning services of Tegrit Group.

Tegrit Group will become part of CBIZ Retirement Plan Services, which was named one of the 2014 Top 100 Retirement Plan Multi-Office teams by PLANADVISER magazine.

Tegrit Retirement Plan Services, a national provider of actuarial consulting and retirement plan administration, has 77 employees and recorded approximately $8.5 million in revenue during the past 12 months. The Ohio company, formed in 1996 by Mike and Greg Spickard, has offices in Cleveland, Akron and Columbus.

“The acquisition of Tegrit is an important element in our strategy to expand our retirement plan and actuarial business,” says Steve Gerard, chairman and chief executive of CBIZ.

“We are confident that our clients and business partners will continue to benefit from our expertise and the additional resources and strength that CBIZ possesses across the nation,” says Mike Spickard of Tegrit.

CBIZ provides business services to help clients better manage their finances and employees. Services include  accounting, tax, financial advisory, government health care consulting, risk advisory, real estate consulting, and valuation services.