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Weil Advises CBIZ, Inc. in its $5B Sale to Grant Thornton Advisors LLC

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Weil is representing CBIZ, Inc., a leading professional services advisor to businesses nationwide, in a definitive agreement pursuant to which Grant Thornton Advisors LLC, alongside New Mountain Capital, will acquire CBIZ in an all-cash transaction with an enterprise value of $5 billion. 

Upon closing, Grant Thornton in the U.S. is expected to become the fifth-largest provider of professional services, tax and advisory services, with more than $5 billion in annual domestic revenue. The transaction represents the largest of its kind in more than 25 years. With the combination, the multinational platform will have a footprint that spans more than 20 countries and territories, generates nearly $7.5 billion in revenue and employs more than 34,500 professionals across the Americas, Europe, the Middle East and the Asia-Pacific region.

The Weil team is led by Mergers & Acquisitions partners Michael J. Aiello, Matthew Gilroy and Iliana Karaoglan and includes associates Stephanie Peterson, Ting Liu, David Rudolph and Evangeline Charles; Antitrust partners Jenine Hulsmann, Neil Rigby and John Scribner, counsel Lucy Chambers and Marie-Marie de Fays and associates Daniel Baquet and Agnès de Fortanier; Banking & Finance partners Thomas Mastoras and associates Danielle Cepelewicz and Arianna Kiaei; Capital Markets Co-Head Michael Hickey, partner Ashley Butler and associates Leigh Dannhauser, Gabriella Leonovicz and Albert Tang; M&A Tax Head Devon Bodoh and associates Jonathan Vita and Marvin Zanders; Executive Compensation & Benefits Head Paul J. Wessel and associates Nate Gross and Emily Warren; Governance, Securities & Reporting Co-Head Lyuba Goltser and partner Steven Bentsianov; Regulatory Transactions partners Seth Kerschner, John O’Loughlin and Billy Phalen and associates Christina Carone, Caleb Holland and Sisi Liu; Technology & IP Transactions partner Dennis Adams; Head of U.S. Privacy & Cybersecurity Olivia Greer, counsel Maryann Thompson and associates Harry (Trey) Davis III (Not Yet Admitted in New York), Ashley Tanaka and Izzy Wang (Not Yet Admitted in New York); Employment partner Peter J. Mee and associates Heylee Bernstein and Kaitlyn Sivertsen; Private Funds partners Marc Schubert and David Wohl, counsel Hannah Laurie and associates John H. Bradshaw, Adam Coen and Jake Henry Pero; and Real Estate attorney Leslie Smith and associate Brenna Murphy.

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