Cleveland-based CBIZ Inc. has acquired Paytime, a Solon-based payroll services provider that was an affiliate of SS&G before its sale to BDO in 2014.
The company has 37 employees and about $4 million in revenue.
"We are pleased to have Paytime join the CBIZ family and strengthen our human capital management (HCM) offerings," CBIZ CEO Jerry Grisko said in a statement. "Paytime's strong Ohio presence aligns well with our current locations in Cleveland, Akron, and Columbus, and their services will complement the other professional services we currently provide to our clients."
"We are very excited to partner with CBIZ and its HCM offerings," Paytime CFO and co-founder Mary Ann Shamis said. "The fact that both companies use the same platforms will ensure a seamless transition for our employees and clients."
