---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-249818"
form_type: "8-K"
ticker: "CBZ"
cik: "0000944148"
company_name: "CBIZ, Inc."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:12:11.663954+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# CBIZ closes $2.3B acquisition of Marcum’s non-attest business, expects ~$2.8B combined revenue

## Summary
- Total consideration $2.3B: $637.6M cash to partners, $425.5M for obligations, plus 14.26M shares.
- New $2.0B credit facilities ($1.4B term loan, $600M revolver) funded the cash portion, maturing Nov 2029.
- Expected combined annualized revenue ~$2.8B; deal expected accretive in 2025 with ~10% adjusted EPS contribution.
- Marcum FY2023 revenue $1.17B, net income $414M (from audited financials filed as Exhibit 99.2).

## SEC filing metadata
- accession: 0001193125-24-249818
- form_type: 8-K
- ticker: CBZ
- cik: 0000944148
- company_name: CBIZ, Inc.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944148/000119312524249818/0001193125-24-249818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944148/000119312524249818/d883302d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-249818
- JSON: https://secwatch.observer/filing/0001193125-24-249818.json
- Plain text: https://secwatch.observer/filing/0001193125-24-249818.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.