Grant Thornton Advisors completes acquisition of CBIZ
Bitget2026/11/02 14:22- Grant Thornton Advisors completed its all-cash acquisition of CBIZ at a $5 billion enterprise value.
- The combination creates the fifth-largest U.S. professional services, tax and advisory provider, with annual domestic revenue exceeding $5 billion.
- The expanded multinational platform generates more than $7 billion in annual revenue, employing over 34,500 professionals.
- Common stock ceased trading on the New York Stock Exchange; the combined organization will ultimately operate under the Grant Thornton brand.
- The Benefits & Insurance Services segment became an independent company backed by New Mountain Capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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