Grant Thornton Advisors completes acquisition of CBIZ
Grant Thornton Advisors completed its acquisition of CBIZ at a $5 billion enterprise value, creating the fifth-largest U.S. provider of professional services, tax and advisory offerings. With the closing, CBIZ became wholly owned by Grant Thornton Advisors and CBZ common stock has ceased trading on the NYSE; the combined organization will go to market under the Grant Thornton brand. The combined platform generates more than $7 billion in annual revenue with more than 34,500 professionals across over 25 countries.
Key figures
- Deal Value Usd
- 5000000000
- Domestic revenue
- more than $5 billion
- Combined professionals
- more than 34,500
- Combined annual revenue
- $7 billion
AI analysis
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