Stock Data
$0.35 (0.64%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
SPECIALTY BUSINESS SERVICES
CBIZ, Inc. is a versatile firm based in Independence, Ohio, offering a wide array of services across the United States and Canada. It specializes in financial and advisory services, including accounting, tax, and financial advisory, as well as valuation and risk consulting. Additionally, CBIZ provides comprehensive benefits and insurance services, covering employee benefits consulting, payroll management, and property insurance. The company also delivers IT and healthcare consulting, primarily catering to small and medium-sized businesses, governmental entities, and non-profits. Founded in 1987, CBIZ is committed to supporting its clients' growth and success.
CBIZ crushed earnings with a 26% EPS beat, but the real shock is the $5 billion all-cash takeout: Grant Thornton and New Mountain Capital are buying the professional services firm at $55 per share, with the deal expected to close by year-end and the company going private.
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