secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2026-07-29T12:18:33+00:00
Accession:  0001193125-26-322246
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grant Thornton to acquire CBIZ for $5.0B; Q2 EPS down 53%
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- Grant Thornton (backed by New Mountain Capital) to acquire CBIZ in all-cash deal, enterprise value $5.0B, or $55.00 per share.
- Transaction expected to close in Q4 2026, subject to shareholder and regulatory approvals; CBIZ to become private.
- Q2 2026 revenue down 0.2% to $682M; net income $19M, down 55.6%; GAAP EPS $0.31 (down 53%).
- Adjusted EBITDA $103M, down 14.3%; adjusted diluted EPS $0.91, down 8.1%.
- CBIZ withdraws fiscal 2026 guidance and suspends earnings call due to pending merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000119312526322246/0001193125-26-322246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000119312526322246/d53575d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-322246

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