RSM UK merges with Northern Ireland practice
RSM UK has announced a merger with the RSM practice in Northern Ireland (formerly RSM McClure Watters), including acquiring the Northern Ireland consulting business, PACEC Ltd, in a bid to enhance its UK reach
11 Jan 2017
Ranked seventh in the Accountancy league table, RSM has revenues approaching £300m per year, but has not disclosed how much the Northern Ireland firm will add to turnover.
All 70 staff from RSM Northern Ireland and the Cambridge-based consultancy PACEC will join RSM UK, bringing the total headcount for the combined business to almost 4,000.
RSM Northern Ireland has with over 25 years’ experience in audit, tax, and consulting in Ireland and the UK, and the business will fully integrate as part of RSM UK. David Watters who has led the firm since its formation will leave as a partner, but remain in a consultancy role for an initial period of time. Richard Gardiner will take on the role of Belfast managing partner going forward.
Richard Gardiner said: ‘We have consistently grown our practice over the years, both organically and through acquisitions, and this is the next step of strategic growth for us.’
David Gwilliam, chief operating officer at RSM UK, said: ‘The professional services market in Northern Ireland is vibrant and RSM is a key player in this market. Our merger offers a fantastic opportunity to grow our services in Northern Ireland and expand our consulting business in the UK. We have a clear vision to become the first choice advisor to middle market leaders and the merger further strengthens our offering and geographic reach across the UK– taking us a step closer to this goal.’