CBIZ acquires non-attest assets of Somerset CPAs and Advisors

CBIZ announced that it has acquired the non-attest assets of Somerset CPAs and Advisors of Indianapolis, IN, effective February 1. Concurrent with this transaction, Mayer Hoffman McCann P.C., a national independent CPA firm that works closely with CBIZ, announced the acquisition of the attest assets of Somerset CPAs and Advisors. Somerset has been providing accounting, tax, and financial advisory services to clients in a wide array of industries for more than 60 years. With additional offices in Michigan City, and Fort Wayne, IN, as well as Nashville, Tennessee, Somerset is the fifth-largest accounting service provider based in Indianapolis, with 250 employees and approximately $55M in revenue. The Koltin Consulting Group advised both firms on the transaction.