Advisory
CBIZ Acquires San Francisco Accounting Firm Shea Labagh Dobberstein
CBIZ Accounting, Tax & Advisory Services, a subsidiary of CBIZ, has acquired the non-attest assets of Shea Labagh Dobberstein (“SLD”) of San Francisco, CA, effective September 1, 2021.
Sep. 03, 2021
CBIZ Accounting, Tax & Advisory Services, a subsidiary of CBIZ, a provider of financial, insurance and advisory services, has acquired the non-attest assets of Shea Labagh Dobberstein (“SLD”) of San Francisco, CA, effective September 1, 2021. Concurrent with this transaction, Mayer Hoffman McCann P.C., a national independent CPA firm, announced the acquisition of the attest assets of SLD.
CBIZ, Inc. and Mayer Hoffman McCann P.C. are parties to an alternative practice structure. The two companies are separate and independent legal entities that work together to serve clients’ business needs.
With offices in San Francisco, San Mateo and Walnut Creek, SLD is a provider of full spectrum of professional accounting, tax and advisory services to privately-held businesses, individuals and non-profit organizations throughout the San Francisco Bay area since 1944. SLD has [94] employees and approximately [$31] million in annual revenue.
Jerry Grisko, President and CEO of CBIZ, stated, “We continue to invest in opportunities across California as part of a long-term strategy to better establish our brand, increase our presence and expand our reach up and down the west coast. In SLD, we found a partner with a complementary service and client mix, an expert team and a long-standing commitment to exceptional client service. We look forward to working closely with the SLD team to expand the service offerings to their existing clients and to capitalize on opportunities to accelerate growth. We welcome the SLD team to CBIZ.”
James R. Dobberstein of SLD, stated, “Joining CBIZ is an important step forward for our clients and team. This move will allow us to offer additional services that our clients need while providing new opportunities for growth and development for our team members. Most of all, we value the cultural fit we found with CBIZ. We built our business through our client relationships and appreciate that CBIZ shares this approach.”
Allan D. Koltin, CEO of the Koltin Consulting Group, advised both firms on the opportunity to come together. Koltin stated, “SLD was diligent in its efforts to identify the right partner that would enhance the client experience, expand opportunities for their professionals and continue to pursue growth. SLD selected CBIZ because it checked all these boxes and more. The alignment on values and strong client focus made this a natural fit.”
CBIZ, Inc. is a leading 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 100 Company offices in 31 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S. For more information, visit www.cbiz.com.