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CBIZ Strikes Deal to Acquire Fellow Accounting Firm Marcum.

Authors :
Maurer, Mark
Source :
Wall Street Journal - Online Edition. 8/1/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

CBIZ, a publicly traded accounting services provider, has agreed to acquire Marcum, a privately held accounting firm, in a $2.3 billion deal. The acquisition would make CBIZ the seventh-largest accounting firm in the U.S. and allow both firms to expand their business lines. CBIZ would acquire Marcum's consulting and tax services businesses, while its audit practice would be acquired by Mayer Hoffman McCann. The deal is expected to close in the fourth quarter of this year. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
178816488