Issue
A nationwide industrial distributor and its M&A counsel engaged CBIZ on an accelerated timeline in connection with a complex transaction valued at more than $500 million. As a condition to closing, the parties required both a fairness opinion for the benefit of the selling shareholders and a solvency opinion related to long-tail product liability matters at the retained legal entity for the benefit of the buyer and seller.
Solution
CBIZ Valuation Group (CVG) was able to leverage the depth of its national valuation practice and experience in providing financial opinions on complex transactions. Throughout the engagement, our team collaborated extensively with company leadership and counsel to validate underlying assumptions and help develop a thoroughly supported and credible fairness determination. CVG delivered both independent opinions to the seller’s board of directors immediately prior to closing and supported the board’s evaluation of the transaction and fulfillment of its fiduciary responsibilities despite the transaction complexity.
Outcome
CBIZ acted as an independent financial advisor and opinion provider, conducting an in-depth assessment of the proposed deal. The transaction closed as scheduled, with the required fairness and solvency opinions delivered on time. CBIZ’s work helped facilitate a successful closing on a high-profile, complex transaction that ranked among the industry’s largest in 2025.
| Company Information | |
|---|---|
| Industry | Industrial Distribution – Homebuilding Products |
| Ownership Structure | Private |
| Geographic Footprint | National |
| Annual Revenue | $1 Billion |
© Copyright CBIZ, Inc. All rights reserved. Use of the material contained herein without the express written consent of the firms is prohibited by law. This publication is distributed with the understanding that CBIZ is not rendering legal, accounting or other professional advice. The reader is advised to contact a tax professional prior to taking any action based upon this information. CBIZ assumes no liability whatsoever in connection with the use of this information and assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein. Material contained in this publication is informational and promotional in nature and not intended to be specific financial, tax or consulting advice. Readers are advised to seek professional consultation regarding circumstances affecting their organization.
“CBIZ” is the brand name under which CBIZ CPAs P.C. and CBIZ, Inc. and its subsidiaries, including CBIZ Advisors, LLC, provide professional services. CBIZ CPAs P.C. and CBIZ, Inc. (and its subsidiaries) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. CBIZ CPAs P.C. is a licensed independent CPA firm that provides attest services to its clients. CBIZ, Inc. and its subsidiary entities provide tax, advisory, and consulting services to their clients. CBIZ, Inc. and its subsidiary entities are not licensed CPA firms and, therefore, cannot provide attest services.
