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Financial Services Review | Friday, September 02, 2022
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Stinnet associates take over CBIZ to enhance and optimize their services.
FREMONT, CA: Melinda Stinnett, Managing Director of Stinnett, stated, "We have spent the past 21 years building an exceptional professional advisory services firm with a strong focus on our people, our clients, and the communities in which we work and live. We are excited to join CBIZ which we know shares that same passion. We look forward to expanding the solutions we can deliver to our clients as well as the growth and development opportunities available to our team members."
CBIZ has acquired Stinnett & Associates of Tulsa, Oklahoma (Stinnett), one of the leading providers of financial, insurance, and advisory services, effective July 1, 2022.
Stinnett is a professional advisory firm founded by Melinda Stinnett in 2001. Stinnett serves companies of all sizes, including Fortune 1000 organizations in a variety of industries with internal audits, Sarbanes-Oxley compliance, cybersecurity reviews, business continuity, and fraud investigations.
Jerry Grisko, President and CEO of CBIZ, stated, "In alignment with our long-term growth strategy, we continue to expand and strengthen our advisory services through the acquisition of best in class firms that bring deep expertise, valuable talent and diverse clients to CBIZ. Our acquisition of Stinnett & Associates, a leading provider of in-demand advisory services including cybersecurity and SOX compliance, will enable us to better serve our combined clients and create new opportunities to accelerate growth. In Stinnett, we found a partner with a strong commitment to client service and a values-based culture that aligns closely with our own. We are excited to welcome Melinda and the entire Stinnett team to CBIZ."
The firm has offices in Tulsa, Oklahoma City, Dallas, Houston, San Antonio, and Denver, has approximately 90 employees, and generates annual revenue of about $16.4 million.