AcquisitionJul 29, 2026Pending
🇺🇸 United States

CBIZ, Inc.Grant Thornton Advisors LLC

Industrials › Business Services

Enterprise value$5BEnterprise value
AnnouncedJul 29, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

Grant Thornton Advisors LLC agreed to acquire CBIZ, Inc. in an all-cash merger at $55.00 per share, an enterprise value of $5 billion, with New Mountain Capital providing new equity.

Deal rationale

The combination is meant to create the fifth-largest U.S. professional services, tax and advisory provider with broader AI-enabled capabilities, multinational reach, industry specialization and service breadth.

AI-generated from the SEC filing
PendingIndustrials › Business ServicesUnited StatesNorth America

Timeline

  1. AnnouncedJul 29, 2026

    Imported from prototype record 21, unverified

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise value$5BHeadline figure
ConsiderationCash

Advisors

Buy-side
BOBank of AmericaBCBMO Capital MarketsDBDeutsche BankEEvercoreJPJ.P. MorganRCRBC Capital MarketsUUBS
Sell-side
GSGoldman Sachs

Parties

Target
CBIZ, Inc.
Headquarters
United States
Ticker
CBZ
EDGAR company page
Acquirer
Grant Thornton Advisors LLC
Headquarters
United States
Ticker
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