CBIZ, Inc. /
Marks Paneth LLP
CBIZ completes purchase of Marks Paneth assets
- Price
- $81.25m
- Stage
- Closed
What happened
CBIZ, Inc. and CBIZ Acquisition 42, LLC completed a purchase of substantially all of the non-attest business assets of Marks Paneth LLP, while assuming certain related liabilities and obligations.
The initial purchase price included approximately $81.25 million in cash, subject to a customary working capital adjustment. Additional consideration of up to $75.25 million may be paid based on future performance.
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CBIZ completes purchase of Marks Paneth assets
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