CBIZ sale sets different transitions for its Indianapolis clients

CBIZ has completed its sale to Grant Thornton Advisors, putting its tax and advisory business under a new parent. The $5 billion enterprise-value transaction was announced as closed Nov. 2. CBIZ lists an Indianapolis office at 3925 River Crossing Parkway.

For local customers, the CBIZ name does not describe a single transition. Its audit-services affiliate, CBIZ CPAs, remains separate while another transaction is expected later in 2026. Its benefits and insurance operation has become an independent company backed by New Mountain Capital.

CBIZ says its tax and advisory business will adopt the Grant Thornton brand over the coming months. The distinctions matter to local employers that buy accounting, consulting or employee-benefit services.

Report a correction · Editorial standards · Our source directory

BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.

SOURCE STATUS: One-source report; independent confirmation pending.