What's Happening?
RSM US LLP and RSM UK Holding Limited have announced the formation of a transatlantic partnership set to commence on January 1, 2026. This partnership, which has been in development since October 2024,
was approved by a near-unanimous vote from partners of both firms. While the partnership stops short of a full financial merger, it will maintain the US and UK firms as independent entities within the RSM International network. The new structure will align governance, financial incentives, client service, and growth investments across the firms. Brian Becker, the US leader, will serve as the chief executive of this partnership, which will encompass 23,000 professionals across multiple countries, generating $5 billion in revenue.
Why It's Important?
The partnership between RSM US and RSM UK is significant as it aims to enhance the firms' ability to serve the evolving needs of clients in the middle market. By aligning their operations and resources, the firms expect to drive scale, collaboration, and synergies, particularly in emerging technology investments. This move positions RSM as a formidable player in the global accounting and consulting industry, potentially increasing its competitive edge against other mid-market accountancies that have embraced private equity ownership. The partnership also reflects a strategic response to the rapidly evolving market, enabling quicker and bolder decision-making and investments.
What's Next?
The partnership is expected to facilitate further expansion and inclusion of other RSM member firms in the future, allowing for continued growth and scaling of operations. The firms anticipate that the new structure will lead to more client wins and enhanced service delivery. As the partnership takes effect, stakeholders will likely monitor its impact on the firms' market position and client satisfaction. The collaboration may also prompt other mid-market firms to consider similar strategic alliances to remain competitive.
