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Announced

CBIZ to acquire Marcum for $2.3bn.

Synopsis

CBIZ, a financial, insurance and advisory services provider, agreed to acquire Marcum, an accounting and advisory firm, for $2.3bn. "CBIZ and Marcum share a dedication to providing high-quality innovative professional services to our clients, and personalized, local client relationships supported by national resources. By joining forces, we will capitalize on our strengths and leverage our similar models to bring more diversified services and even greater subject matter expertise to our clients and attract new business. We both have a proven track record of growth through successful acquisitions, and we are excited to bring these two best-in-class organizations together," Jeffrey Weiner, Marcum Chairman & CEO.

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