CBIZ, Inc. (NYSE: CBZ) shareholders gave preliminary approval to the company’s acquisition by Viking ParentCo, Inc., an affiliate of Grant Thornton Advisors, at a special meeting on October 27, 2026. Final voting results are expected to be filed with the SEC within four business days.
Announced in July 2026, the all-cash deal values CBIZ at an enterprise value of approximately $5 billion. CBIZ shareholders will receive $55.00 per share under the agreement. The transaction is one of the largest in the professional services sector in more than two decades.
The deal is expected to close in the fourth quarter of 2026. After completion, CBIZ will become a private company and its stock will be delisted from the New York Stock Exchange. The merger is set to create the fifth-largest professional services and advisory provider in the United States.