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Deal Detail

CBIZ, Inc. to Grant Thornton Advisors LLC

Business Services/Jul 2026
EV / LTM EBITDA
10.8x
EV / LTM Sales
-
Enterprise Value
$5.0B
Primary Source
Company Release

Comparable Transactions

Business Services transactions announced in the five years to July 2026. 9 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jun 2026AMS (Auxey Holdco Limited)Korn Ferry$1.1B1.8x11.4xStrategic
Mar 2026UniFirst CorporationCintas Corporation$5.5B2.2x17.0xStrategic
Jan 2026PA Consulting (remaining stake)Jacobs Solutions Inc.$4.1B-13.0xStrategic
Oct 2025Heidrick & Struggles International, Inc.Advent International, L.P.--7.4xFinancial
Jul 2024Marcum LLPCBIZ, Inc.--12.0xStrategic
May 2024Perficient, Inc.EQT AB--16.9xFinancial
Mar 2024Alight, Inc.’s Payroll & Professional Services BusinessH.I.G. Capital, LLC--10.0xFinancial
Feb 2024HireRight Holdings CorporationGeneral Atlantic, L.P. and Stone Point Capital LLC--9.3xFinancial
Feb 2024Sterling Check Corp.First Advantage Corporation--11.9xStrategic
Mean-12.1x
Median-11.9x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primarypress releaseCBIZ / Grant Thornton Press Release-2026$5.0B-10.8x-EV ~$5.0bn per the 7/29/2026 joint press release ($55.00/share, all-cash). EV/LTM EBITDA is $5,000mm / $463mm CBIZ LTM Adjusted EBITDA (burdened by SBC) as of 3/31/2026 per the proxy = 10.8x; the transaction multiple itself is not disclosed.Open