RSM UK has acquired the firm’s Northern Ireland counterpart, the formerly RSM McClure Watters. The deal, which includes the addition of the Northern Ireland consultancy business PACEC, sees the addition of 70 staff to RSM’s UK headcount – bringing it up to a total strength of almost 4,000.
The Northern Ireland arm of RSM was established more than almost 30 years ago. The firm provides clients in the country, as well as in Ireland and the UK, with a range of audit, tax, and consulting services.
The decision to integrate the two practices reflects, according to the firms, the next step in the journey for both RSM entities, which have both, in recent years, leveraged inorganic and organic growth in the bid to further strengthen their market positions.
Commenting on the merger, Richard Gardiner says, “Both organisations have a strong sense of shared values and vision, including our commitment to professionalism; our desire to deliver a high standard of client service; and the importance we place on supporting our clients, suppliers and staff to achieve their goals. This highlights a natural synergy in terms of what we do and how we do it – bringing together two complementary businesses to enhance our expertise and capability and shape the future growth of the firm.”
David Gwilliam, Chief Operating Officer at RSM UK, adds, “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."
As part of the merger, the current Managing Director of the Northern Ireland office, David Watters, who has worked at the firm since 1989, will leave his leadership role following the transition – staying on, however, as a consultant for a period of time. He will be succeeded by Richard Gardiner, whose history with the firm traces back to 1994.