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Deutsche Bank, PWP: Advisory on CBIZ’s $2.3bn Acquisition of Marcum

Deutsche Bank is advising Marcum LLP in its significant $2.3 billion sale of its non-attest business to CBIZ, Inc.

Pedestrians pass the offices of Deutsche Bank in London. PHOTO: Jason Alden/Bloomberg
Pedestrians pass the offices of Deutsche Bank in London. PHOTO: Jason Alden/Bloomberg

This strategic acquisition propels CBIZ into the position of the seventh-largest accounting services provider in the U.S., with expected annual revenues of approximately $2.8 billion.

The deal, structured as a

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