| CBIZ, Inc. and Executive Search Firm EFL Info |
CBIZ, Inc. and Executive Search Firm EFLCBIZ Acquires Leading National Executive Search Firm EFL Associates
- - - - - - - - - - - Founded in 1978, EFL Associates is a retained executive search firm with offices in Kansas, Denver, Chicago and Boston providing services to commercial and industrial companies, development-stage organizations and non-profit organizations. EFL has well recognized specialty practices in the fields of higher education and the public pension retirement industry. EFL recorded approximately $4.8 million in revenue during 2007 and has approximately 34 associates. Steven Gerard, CBIZ Chairman and Chief Executive Officer stated, "Acquiring one of the premier executive search firms in the United States will further expand our Human Capital Services business especially in the area of recruiting. We welcome Pete Lemke, Jay Meschke and their talented team to CBIZ and look forward to working with them." Pete Lemke, EFL Chairman and Chief Executive Officer stated, "We have worked with CBIZ for years and are excited to join such a high-performance, well regarded business services company. The combination of CBIZ and EFL will provide our clients with broader resources, capabilities and enhanced service offerings." CBIZ, Inc. provides professional business services that help clients better manage their finances, employees and technology. As the largest benefits specialist, one of the largest accounting, valuation and medical practice management companies in the United States, CBIZ provides its clients with financial services which include accounting and tax, internal audit, merger and acquisition advisory, and valuation. Employee services include group benefits, property and casualty insurance, payroll, HR consulting and wealth management. CBIZ also provides information technology, hardware and software solutions, government relations, healthcare consulting and medical practice management. These services are provided throughout a network of more than 140 Company offices in 34 states and the District of Columbia. Stock trading secrets... Click here - - - - - - - - - - - Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, the Company's ability to adequately manage its growth; the Company's dependence on the current trend of outsourcing business services; the Company's dependence on the services of its CEO and other key employees; competitive pricing pressures; general business and economic conditions; and changes in governmental regulation and tax laws affecting its insurance business or its business services operations. A more detailed description of such risks and uncertainties may be found in the Company's filings with the Securities and Exchange Commission. Top of this CBIZ, Inc. and Executive Search Firm EFL page.
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