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by Legal Desire
3 November 2026

Latham Advises on Preferred Equity Financing for Grant Thornton Advisors’ Completed Acquisition of CBIZ

Advising firms

Deal team

5 lawyers named
LawyerFirmSeniorityPracticeOffice
Stelios Saffos Lead Latham & Watkins LLP Partner Capital Markets and Hybrid Capital Not stated
Peter Sluka Lead Latham & Watkins LLP Partner Hybrid Capital Not stated
Andrew Blumenthal Lead Latham & Watkins LLP Partner Not stated Not stated
Ian Lachow Latham & Watkins LLP Associate Not stated Not stated
Pardis Zomorodi Latham & Watkins LLP Partner tax Not stated

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Stated terms

Stated value
USD 5bn (US$5 billion)
What the figure measures
Enterprise value
Client
certain of the financing sourcesLenders
Counterparties
Grant Thornton Advisors LLC (Buy-side)
CBIZ, Inc. (Target)
New Mountain Capital (Investor)