Having sustainable growth is a staple for most businesses and can come in many forms. Both organic and inorganic growth strategies can be employed to increase revenues, but crucially, they also deliver many other benefits as well. Within RSM a number of mergers and expansions have taken place recently that will both strengthen our client service offering and also boost our talent pools, bringing in new expertise and technical capabilities for us as a whole to share and learn from.
The first of these, was late last year when our firm in Spain completed a merger with TGG Legal – an established law firm with a strong and growing tax practice, with offices in Madrid and Barcelona. The merger adds 43 professionals to the RSM team in Spain and extends our client services significantly both with addition of legal advisory and a strengthened tax practice.
In addition, we have also announced since the beginning of the year, two further developments for our firms in the UK and Mexico.
Twelve new partners, formerly from Baker Tilly, will join the Mexican firm bringing with them new expertise and extended presence. The Lomas office will integrate 9 partners in Mexico City, Puebla will add an office with an IT Partner in charge and Tamaulipas will have two new offices specialised on Government in Ciudad Madero and Ciudad Victoria, respectively. One of the new partners, José Luis Valera Benito, commented that "after observing the great growth potential of RSM in Mexico and the world, we are sure that we are in the forefront of a successful and lasting relationship”.
In the UK, our firm has merged with the RSM practice in Northern Ireland including acquiring the Northern Ireland consulting business, PACEC Limited. All 70 staff from RSM Northern Ireland and PACEC Limited will join RSM UK, bringing the total headcount for the combined business to almost 4,000. This merger brings together two complementary firms from within our global network, consolidating in order to deliver more consistent and streamlined services to our clients in the UK and around the globe.
There is no doubt that it is an exciting time for RSM in Spain, Mexico and the UK. Our global focus, which is underpinned in our long-term strategy, is on further unity and consolidation – expanding our service capabilities, our technical expertise and our sector specialisms so that we can continue to deliver value-driven insights to our clients across the globe.
I look forward to meeting our new partners and staff and seeing what our new teams can accomplish together.