CBIZ Acquires Burnham, Colman, Kaelin and Walker Insurance Agency

April 12, 2006

CBIZ, Inc. today announced that it has acquired Burnham, Colman, Kaelin & Walker of St. Joseph, Mo. effective April 1, 2006.

Originally founded in 1899 and with offices in St. Joseph and Kansas City, BCK&W is an insurance agency offering property and casualty, commercial bonds and employee benefits, and specializes in the agriculture, construction and printing industries. BCK&W has 39 employees and recorded approximately $5 million in revenue during the past twelve months.

“BCK&W represents precisely the sort of company we seek. Scott Burnham leads a young, aggressive and talented team that has created a strong presence in their marketplace. Adding their property and casualty capabilities to our already robust and expansive base in the Kansas City market will greatly benefit our clients,” stated Steven L. Gerard, CBIZ chairman and CEO.

“Joining the CBIZ family of companies is a great step for our clients. Our client’s will now have access to an array of business support services through a proven and trusted source,” stated Scott Burnham, president of BCK&W. “We look forward to helping our clients grow and succeed by introducing these additional resources to them,” Burnham concluded.

CBIZ is a provider of professional business services to companies throughout the United States. As a benefits specialist, CBIZ provides integrated services in the following areas: accounting and tax; employee benefits; wealth management; property and casualty insurance; payroll; IS consulting; and HR consulting. CBIZ also provides internal audit; Sarbanes-Oxley section 404 compliance; valuation; litigation advisory; government relations; commercial real estate advisory; wholesale life and group insurance; healthcare consulting; medical practice management; and capital advisory services. These services are provided throughout a network of more than 140 company offices in 34 states and the District of Columbia.

Source: CBIZ, Inc.

Topics Mergers Property Casualty

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