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Home»Business»RSM US and RSM UK Plan Transatlantic Merger
Business

RSM US and RSM UK Plan Transatlantic Merger

Sam AllcockBy Sam Allcock12/10/20243 Mins Read

RSM US LLP and RSM UK Holdings Limited, leading providers of assurance, tax, and consulting services for middle-market leaders, have announced they are in advanced discussions to merge. The proposed merger, which is subject to definitive agreements and customary legal and regulatory approvals, aims to create a multinational partner-owned organisation with a global reach.

If completed, the merger will establish a significant presence across the U.S., the UK, Canada, Ireland, India, and El Salvador. Together, the firms would employ approximately 23,000 professionals and report combined annual revenues of around $5 billion (USD), positioning them as a formidable force in the industry.

Brian Becker, Managing Partner and CEO of RSM US, expressed enthusiasm for the merger, highlighting a longstanding client demand for a financially integrated transatlantic organisation. “This merger will create a platform to more effectively serve client needs with quality services and more seamless access to our resources,” he stated.

Becker emphasised the commitment of both firms to invest in their future as dynamic, partner-owned platforms, particularly at a time when the industry is undergoing significant transformation. He noted that RSM US is well-capitalised to continue investing in growth and advancing its 2030 global strategy. “We have a deep and long-standing relationship with our UK colleagues, and we look forward to joining forces to drive value for our clients, owners, employees, and the entire RSM International network,” Becker added.

Rob Donaldson, CEO of RSM UK, also spoke about the merger’s potential. He noted that RSM UK has experienced robust growth in revenue and profits over the past four years as the firm has strategically repositioned itself. He described the merger as the next logical step in the firm’s evolution. “Bringing our UK and Irish firms together with our U.S. and Canadian colleagues is the next logical step on our journey,” Donaldson said.

Donaldson pointed out the strong bonds already existing between the transatlantic colleagues, with both firms working together toward a common goal of being leading advisors to the middle market. “We’ve decided to come together to form a unique partnership that goes further to service the needs of our clients as they expand globally, and to create terrific opportunities for our own talent,” he explained. “Now is the time to accelerate our ambitions by drawing on each other’s considerable strengths to become the middle market advisor of choice, globally.”

The merger, if realised, would mark a significant integration of two of the largest firms in the RSM International network, creating a premier platform for providing assurance, tax, and consulting services to middle-market leaders worldwide.

The proposed merger remains subject to further discussions and agreements on definitive terms, but both firms are optimistic about the prospects of the union and its potential impact on their clients and employees.

and business merger plan rsm transatlantic
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