CBIZ Acquires Tech Solutions Company CompuData

Top 15 accounting firm CBIZ acquired Philadelphia-based technology solutions provider CompuData, effective March 1.

Founded in 1971, CompuData provides cloud computing, accounting enterprise resource planning software, managed IT, and security to small and midsized businesses, with the tools to scale, protect, and streamline their organizations. CompuData is a Sage Diamond Partner and has Microsoft Partner designation in both Azure Cloud and Modern Work. The firm has 60 employees and approximately $20 million in annual revenue.

“We have experienced an increasingly high demand across the country for precisely the suite of services that CompuData has built an impressive reputation providing,” CBIZ President and CEO Jerry Grisko said in a statement. “In the CompuData team, we have found a partner that is equally invested in and dedicated to its clients’ success by offering essential solutions that they rely on. For these reasons and more, we are thrilled to welcome CompuData to CBIZ.”

Angela Nadeau, president and CEO of CompuData, said she and her team are excited to join forces with CBIZ as the company takes this next step in its growth journey.

“Our industry verticals, including financial services, construction, manufacturing, distribution, and technology, align extremely well. We see great opportunity and expect our partnership to be mutually beneficial to our valued employees and clients,” Nadeau said.

With headquarters in Cleveland and more than 120 offices in 33 states, CBIZ is one of the largest accounting and insurance brokerage providers in the U.S.