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CBIZ acquires Tennessee-based employee benefits consulting biz

CBIZ Inc.has acquired theassets related to the employee benefits consulting business of Ed Jacobs &Associates Inc.

The business, based in Cleveland, Tenn., has more than 150clients and nine employees, and it recorded about $2.1 million in revenueduring the past 12 months.

CBIZ President and CEO Jerry Grisko said in a news releasethat the business will be integrated into the company's Tennessee market.