CBIZ, Inc.: directors' dealings · United States · SEC (Form 4)

About CBIZ, Inc.

CBIZ, Inc. is a U.S.-listed professional services group traded on the NYSE under the ticker CBZ in the United States, with a business model focused primarily on serving middle-market companies nationwide. Founded in 1996 and headquartered in Cleveland, Ohio, CBIZ has developed into a diversified services platform rather than a single-line advisory firm. Its strategy combines recurring client relationships, cross-selling across multiple service lines, and selective acquisitions to expand scale and deepen its market reach. CBIZ’s core business is organized into three main operating areas. Financial Services covers accounting, tax, advisory, valuation, consulting, and certain IT-related services. Benefits and Insurance Services includes employee benefits support, insurance brokerage, and related advisory offerings. National Practices adds more specialized capabilities, including managed networking and hardware services, alongside technology-oriented consulting. This mix gives CBIZ a broad service profile and helps diversify revenue streams across advisory, compliance, insurance, and technology-enabled solutions. From a market-positioning perspective, CBIZ competes as a national platform with local execution. That combination is important in a highly fragmented U.S. professional services market, where clients often want both depth of expertise and proximity. CBIZ emphasizes integrated solutions, industry specialization, and a one-stop relationship model for middle-market customers. The company also highlights its ability to provide insights across accounting, tax, benefits, insurance, and technology, which can support retention and cross-selling. A major recent milestone was the completion of the Marcum transaction on November 1, 2024, described by CBIZ as the largest acquisition in its history. Marcum’s non-attest business was folded into CBIZ, materially expanding the firm’s scale and capabilities. In 2025, management said integration was nearly complete and that the company had standardized tools, processes, workflows, and office platforms. CBIZ also pointed to new industry groups and a stronger national brand campaign as part of its next phase of growth. Operationally, CBIZ said it had more than 9,500 team members across 23 major markets coast to coast, underscoring the breadth of its U.S. footprint. For investors, the company’s appeal lies in its national reach, diversified fee-based revenue, and ability to benefit from consolidation in professional services. Recent company updates also referenced growth priorities such as talent attraction and retention, sector specialization, offshoring, and AI-driven efficiency initiatives. In its most recent results release, CBIZ reported strong 2025 annual revenue growth, largely driven by the Marcum acquisition, and management guided to continued growth in 2026. For French, Belgian, and Swiss investors, CBIZ is best viewed as a U.S. services company with a scalable platform, recurring client relationships, and an acquisition-led growth profile on the NYSE in the United States.