August 8, 2019 - RSM Australia (RSM), one of the largest mid-tier accounting firms in Australia, today announced it has acquired Praed Public Accountants in Margaret River, strengthening its presence in the South West region of Western Australia.
Both Praed Public Accountants and RSM Australia have an established presence in the region, with the acquisition presenting an ideal opportunity to draw on over 85 years of combined local knowledge and experience.
Laurie Praed, operator of Praed Public Accountants, will join RSM as an accountant in the firm’s business advisory division.
Simon Brown, principal, RSM , said, “RSM is excited to have acquired Praed Public Accountants, a well-known, respected and successful accountancy business in Margaret River. We are seeing increasing demand as this area continues to grow, particularly from several successful wineries".
“The acquisition of Praed Public Accountants will help to not only grow our presence in Margaret River but also presents an exciting opportunity to build on the depth of services offered to our clients and the wider business community in this region. It is a natural extension for our firm and supports our strategy to grow our presence in the South West.”
Laurie Praed, accountant, RSM , said, “RSM's acquisition will provide clients with an increased breadth and depth of resources, while still focusing on delivering the local, personalised service that was synonymous with Praed Public Accountants.
“RSM's strong focus on building client relationships and its commitment to continuously improving its delivery of client services, especially to those in regional areas, was incredibly important when I was considering the kind of organisation I wanted to take over my business.”
Angus Smith, partner, RSM , said, “Laurie brings significant expertise to RSM in accountancy, tax planning and succession planning services and, in combination with our national and international reach and scale, will ensure clients stay at the forefront of the world’s best practices.”