CBIZ, Inc. announced that it has acquired Laurus Transaction Advisors, L.L.C. of Denver, CO.

Founded in 2008, Laurus provides buy-side and sell-side financial and accounting due diligence services for M&A transactions to private equity groups as well as public and private companies. Laurus has completed more than 650 financial and accounting due diligence engagements and projects for private equity groups and companies located throughout the U.S. Laurus recorded revenue of approximately $5.6 million in 2017 and will be combined with CBIZ's current Transaction Advisory Services group.

Co-founder and partner at Laurus Transaction Advisors, Mark Coleman said, "We sought a partner to leverage Laurus' market leading reputation by further scaling its ability to serve middle market private equity firms."  "CBIZ offers a national platform and top ten accounting provider resources that enable us to broaden our reach and continue to deliver more responsive and value-added due diligence services," said Patrick Martin, co-founder and partner at Laurus Transaction Advisors.

Jerry Grisko, President and CEO of CBIZ, said, "The acquisition of Laurus further strengthens our position as an industry leader of professional business services to middle-market focused private equity firms. Mark and Patrick both share CBIZ's commitment to exceptional client service and we are excited to have them as key leaders in our national Transactional Advisory Services group."