RSM, the leading global audit, tax and consulting Network focused on the middle market, has announced the appointment of a new Member Firm in Istanbul, to drive growth and meet an increased demand for services.

Boasting an impressive client portfolio, Arkan & Ergin has been serving clients in Turkey’s business capital for more than 60 years. The Firm, which will rebrand as RSM Turkey, has 16 Partners, 166 employees and is consistently ranked as one of the top 10 firms in Turkey. With expertise across audit, tax, corporate finance, specialist advisory, outsourced accounting and IT consultancy, the Firm is well aligned with RSM’s vision for serving ambitious international and domestic middle market clients.

Arkan & Ergin’s international mindset is a strong fit for RSM’s cross-border client base, and the Firm has a proud track record of integrating international quality and accounting standards into their services. The Firm’s employees have trained at institutions from around the world and provide services to clients in English, French, Italian, Spanish and German. It is also a member of the French and Italian Chambers of Commerce in Turkey and is a referenced Firm for its audit and tax services by Business France.

Arkan & Ergin is joining RSM during an export-led economic boom which is opening up new avenues for growth in Turkey. The Firm is targeting double-digit growth for 2021 and it sees notable opportunities for growth in the Automotive, Construction, Energy, Logistics and Textiles sectors.

Jean Stephens, Global CEO of RSM International, said:

"Turkey’s economic growth has presented new opportunities for middle market businesses in the region who are regaining a foothold and bouncing back after the impact of the pandemic. It is critical that these businesses have access to on-the-ground, trusted and expert advice to capitalise on these opportunities and accelerate their growth.

“This move demonstrates our commitment to the region as we continue to expand across Europe. Istanbul is considered a key business hub, positioned between Europe and the Middle East. Turkey is on the Europe and Asia border which is experiencing rapid economic and regulatory change. As a result, local perspectives are more critical than ever. Arkan & Ergin is a highly successful practice with global links and internationally recognised quality standards, so it is an ideal fit with RSM’s own growth ambitions. The Firm will play a critical role in the RSM Network continuing to support clients with complex cross-border regulatory requirements. I am delighted to welcome the team from Arkan & Ergin to the RSM Network.”

Cihat Kumusoglu, Managing Partner of RSM Turkey, added:

“RSM has built an excellent reputation for delivering quality services and leading insights globally. The Network’s breadth of services and depth of expertise, combined with our well-established processes, client offering and talent within the Firm, will allow us to continue to deliver an exceptional service to Turkey’s middle market businesses, helping them to grow beyond national borders.

“We are proud of Arkan & Ergin’s 60-year history of delivering high quality client services, as well as our diverse, globally-minded, specialist team. We have built close relationships with our clients, relationships which in many cases span generations and borders. Joining the RSM Network marks an exciting stage in our growth journey, and we look forward to working closely with other RSM Firms and maintaining our proud legacy in Turkey and beyond for years to come.”