Cleveland-based IPA top 100 firm CBIZ (FY23 net revenue of $1.35 billion) announced it has completed the acquisition of the New York-based firm Marcum LLP (FY23 net revenue of $1.32 billion). This transaction makes CBIZ the largest full-service professional services advisor of its kind in the U.S. providing accounting, tax, advisory, benefits, insurance and technology services, primarily to middle-market businesses. The merger was originally announced in July, see our original article here.
“We are pleased to have successfully closed the acquisition of Marcum, which represents a major milestone and new chapter for CBIZ,” said Jerry Grisko, president and CEO of CBIZ. “Now, with over 10,000 team members, we will offer our clients an enhanced breadth of services and depth of expertise unmatched in our industries all aimed at helping them grow their business. With even deeper subject matter expertise, industry resources, service lines and insights, we can provide actionable advice and new and innovative data-driven products and solutions. We are excited to welcome the Marcum team to CBIZ and look forward to a bright future together.”
