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Acquisition · Professional & Local Services

CBIZ completes acquisition of BINDZ Consulting

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Date
Company
CBIZ, Inc.
What it does
US professional services advisor
Kind
Acquisition
Based in
Bengaluru
Sector
Professional & Local Services

What they do

BINDZ Consulting is an India-based professional services company acquired by CBIZ

What happened

Over 250 skilled professionals join CBIZ's global network through this acquisition

Why it matters

The deal finalizes a build-operate-transfer arrangement started in 2024

The details

  • CBIZ, Inc. completed the acquisition of BINDZ Consulting Private Limited, an India-based professional services company.
  • The acquisition was announced on June 2, 2026.
  • BINDZ was wholly owned by Staffing Accountants, LLC (SAPRO), a global professional services firm.
  • CBIZ began its relationship with SAPRO in 2023 through SAPRO's India service centre.
  • In 2024, CBIZ and SAPRO entered a Build-Operate-Transfer (BOT) arrangement, and SAPRO formed BINDZ as a dedicated service provider to CBIZ.
  • This acquisition is the final phase of the CBIZ-BINDZ relationship.
  • More than 250 skilled professionals join CBIZ's global network through this deal.

The bigger picture

  • The acquisition marks a milestone in CBIZ's global growth strategy and strengthens its India presence.
  • CBIZ will invest in India operations, combining talent with technology and AI-enabled tools to boost productivity.
  • US and India teams will operate as a unified engagement team, collaborating on delivery and client support.

About the business

  • BINDZ Consulting is a professional services company based in Bengaluru, Karnataka, India.
  • It was wholly owned by Staffing Accountants, LLC (SAPRO), a global firm with operations in the US, India, and South Africa.
  • BINDZ supported CBIZ's client delivery in accounting and tax services.
  • CBIZ is a professional services advisor to US middle-market businesses, offering accounting, tax, advisory, benefits, insurance, and technology services.
  • CBIZ has over 9,500 team members across 23 major markets in the US and India.

What happens next

  • CBIZ will invest in India operations, combining talent with technology and AI-enabled tools to boost productivity and expand capabilities.
  • US and India teams will operate as a unified engagement team, collaborating on delivery and client support.

The deal

Type
acquisition

Founders

  • Sirish Korada, Managing Director & CEO

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