What's Happening?
Aprio is set to merge its Aprio Firm Alliance with the Professional Services+ Alliance acquired from RSM US, forming a combined Aprio Alliance starting next January. This strategic move follows Aprio's
acquisition of RSM US LLP's Professional Services+ practice earlier this year, which served nearly 80 firms across the U.S. and Canada. The merger will unite approximately 90 independent accounting firms, providing them with expanded access to Aprio's advisory resources, including technology guidance, leadership development programs, and exclusive events. Dean Sengstock, a partner and leader of the Aprio Alliance, emphasized the strategic partnerships and synergies that the merger aims to foster, enhancing client and talent experiences within the profession.
Why It's Important?
The merger of Aprio's alliances with RSM US is significant for the accounting industry as it aims to create a connected, growth-focused community of firms. By combining resources and expertise, the alliance will offer member firms enhanced support and opportunities for collaboration, learning, and business performance improvement. This development is poised to benefit firms of varying sizes, from those with a few million dollars in revenue to larger firms with over $120 million in revenue. The expanded access to Aprio's resources and strategic partnerships is expected to elevate the capabilities of member firms, providing them with advice, learning, and technology access to better serve their clients and adapt to industry changes.
What's Next?
The combined Aprio Alliance will officially launch in January, bringing together nearly 90 firms across the U.S. and Canada. Members will gain access to a centralized platform for collaboration, tools, and templates, as well as a full curriculum of technical and non-technical training through the Aprio Learning Platform. The alliance will also offer exclusive benchmarking and coaching resources, aiming to drive firmwide collaboration and growth. Aprio's CEO, Richard Kopelman, highlighted the evolution of support for firms, emphasizing the value of shared learning and growth opportunities within the alliance.
Beyond the Headlines
The merger represents a broader trend in the accounting industry towards strategic partnerships and collaboration. By uniting two complementary communities, Aprio is positioning itself as a leader in fostering innovation and progress within the profession. The alliance's focus on technology investment, data utilization, and leadership development reflects the industry's shift towards embracing digital transformation and enhancing client experiences.
