Grant Thornton Advisors to buy CBIZ for USD 5 billion in all-cash deal

Reuters2026/07/29 12:06

By:Reuters

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Grant Thornton Advisors agreed to buy CBIZ in an all-cash deal valued at USD 5 billion.
CBIZ shareholders would receive USD 55 per share, a roughly 54% premium to the 30-day volume-weighted average price.
New Mountain Capital will invest additional equity to support the transaction.
Grant Thornton’s U.S. business is expected to reach more than USD 5 billion in annual domestic revenue after closing.
Grant Thornton plans to separate CBIZ’s Benefits and Insurance Services unit into a stand-alone company backed by New Mountain.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBIZ Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

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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Grant Thornton Advisors to buy CBIZ for USD 5 billion in all-cash deal

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