Grant Thornton Advisors has agreed to acquire CBIZ in an all-cash transaction valued at $5 billion. CBIZ shareholders will receive $55 per share, a 54% premium over the 30-day volume-weighted average price. The combined firm is expected to become the fifth-largest U.S. provider of professional services, tax, and advisory, with over $5 billion in annual domestic revenue. Together, the two firms would operate in more than 20 countries, generate close to $7.5 billion in annual revenue, and employ over 34,500 professionals. The deal, which is the largest of its kind in more than 25 years, is expected to close in the fourth quarter of 2026, subject to shareholder and regulatory approvals.
CBIZ IncCBIZ is being acquired at a 54% premium, providing immediate value to shareholders.
Grant Thornton is acquiring CBIZ to create a larger combined firm with over $7.5 billion in revenue, enhancing its market position.