RSM Expands European Presence with Five Strategic Acquisitions

RSM, a global firm providing audit, tax, and consulting services to middle-market businesses, has announced five strategic acquisitions across Europe. These moves mark a significant step in the firm’s growth strategy, bolstering its presence and service offerings across the continent.

The acquisitions, announced at RSM’s European regional conference, include firms in Austria, Denmark, France, and Spain. This expansion strengthens its market position through geographic growth and an enhanced portfolio of services.

In Austria, the firm has merged with Moore Interaudit Salzburg to become a leading force in audit services for mid-sized companies and internationally managed groups. In Denmark, the acquisition of J H Revision strengthens firm Denmark’s multidisciplinary presence in Greater Copenhagen, bringing the combined firm to a revenue of $28 million with 245 employees across 14 offices.

In France, it has expanded in the Rhône-Alpes region with the acquisition of Sadex, adding a fifth office and boosting its workforce in the region to 300 colleagues. Additionally, RSM France has acquired CAP 21 in the Grand Est region, further expanding its service offerings, including specialized support for the hospitality sector, and establishing a new presence in the French Antilles.

In Spain, it has expanded nationally by acquiring the specialized law firm Lébeq (as we have informed here), adding an office in Seville to its existing network of six offices.

These acquisitions are part of firm’s broader European growth trajectory, which saw a record revenue of $1.7 billion in 2023, marking a 36% year-on-year increase. This expansion aligns with RSM’s Global Strategy 2030, aiming to enhance the firm’s capabilities and deliver personalized services to a growing number of middle-market companies.

E.J. Nedder, CEO of RSM International, emphasized that these acquisitions reflect the firm’s commitment to driving shared growth and building on its strengths in key markets across Europe. Gregor Schmidt, Regional Director for Europe, highlighted that this strategic investment enhances RSM’s ability to provide comprehensive, expert services to clients across the continent.