CBIZ stock exits NYSE after USD 5 billion Grant Thornton deal

Published on 11/12/2026 at 02:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CBIZ stock no longer trades on the NYSE after the transaction closed. Its benefits and insurance business now operates independently.

What the Transaction Changes

Grant Thornton Advisors completed its acquisition of CBIZ on November 2, 2026.
CBIZ became wholly owned by Grant Thornton Advisors and its NYSE shares ceased trading.
CBIZ Benefits & Insurance Services was established as an independent company backed by New Mountain Capital.

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Grant Thornton Advisors completed its acquisition of CBIZ on November 2, 2026, in a transaction with an enterprise value of USD 5 billion. The closing ended CBIZ's public-market history and shifted the company's operations into the Grant Thornton platform, according to Grant Thornton.

Deal Closes, Listing Ends

The all-cash transaction created what Grant Thornton described as the fifth-largest U.S. provider of professional services, tax and advisory offerings. The combined platform is expected to generate more than USD 7 billion in annual revenue and include more than 34,500 professionals across more than 25 countries and territories.

CBIZ is now wholly owned by Grant Thornton Advisors, and its common stock has ceased trading on the New York Stock Exchange. The transaction combines CBIZ's U.S. relationships and industry knowledge with Grant Thornton's multinational reach and technology investment.

Benefits Business Takes Separate Path

CBIZ's Benefits & Insurance Services segment was established as an independent company backed by New Mountain Capital. The move separates the benefits and insurance operations from the former CBIZ parent and Grant Thornton Advisors.

A separate transaction involving Grant Thornton LLP and CBIZ CPAs is expected to close later in 2026. CBIZ CPAs will remain a separate licensed public accounting firm during a transition period before an expected integration with Grant Thornton LLP.

What CBIZ Provides

CBIZ provides accounting, tax, advisory, benefits and insurance services for businesses, individuals and organizations, with industry offerings that include construction, consumer and industrial products, and real estate. Its former operating model combined professional services with workforce and risk-management solutions, while Grant Thornton brings the acquired business into a broader international platform.

CBIZ operates in the professional-services market alongside large accounting and advisory firms such as Deloitte, PwC and RSM. The completed transaction gives Grant Thornton a larger U.S. platform, while CBIZ's former listed-company structure has ended.