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Grant Thornton to acquire CBIZ for $5 billion

PRIVATEJul 29, 202611 days ago

Acquiring Company

Grant Thornton

Acquired Company

CBIZ

ChicagoFinancial ServicesEmployee BenefitsConsultingRisk ManagementInsurance

Description

Grant Thornton has entered into a definitive merger agreement to acquire CBIZ in an all-cash transaction valued at $5.0 billion. The deal will see Grant Thornton take over CBIZ at $55.00 per share, with expectations to close in the fourth quarter of 2026. This acquisition aims to enhance Grant Thornton's service offerings and market position. Upon completion, CBIZ will become a private company.

Company Information

Company

Grant Thornton

Location

Chicago, Illinois, United States

Predictive Intelligence
Strategic

ML-powered predictions for Grant Thornton's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired CBIZ?

CBIZ was acquired by Grant Thornton, based in Chicago. The deal was reported on July 29, 2026. Grant Thornton is privately held.

When did Grant Thornton acquire CBIZ?

Grant Thornton's acquisition of CBIZ was reported on July 29, 2026. Grant Thornton has entered into a definitive merger agreement to acquire CBIZ in an all-cash transaction valued at $5.0 billion. The deal will see Grant Thornton take over CBIZ at $55.00 per share, with expectations to close in the fourth quarter of 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CBIZ do?

CBIZ, Inc. is a leading provider of financial, insurance, and advisory services to businesses throughout the United States. It is publicly traded (CBZ), operating in Financial Services.

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