CBIZ, Inc., one of the largest accounting, valuation and medical practice management companies in the United States has signed a definitive agreement to acquire the non-attest business of Tofias PC.

Founded in 1966, Tofias PC, with offices in Cambridge and New Bedford, MA, and Providence and Newport, RI, is a leading regional accounting provider offering accounting, tax and consulting services to privately-held and public companies, not-for-profit organizations, family offices and high-net-worth individuals.

This transaction is expected to contribute approximately $38.0 million to revenue and approximately $0.04 in earnings per share in 2009.

CBIZ, Inc. provides professional business services that help clients better manage their finances, employees and technology.

The deal is expected to close by December 31, 2008.