Accounting group RSM Ireland acquired by UK firm in €20m investment

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RSM UK acquires ownership of the Irish business from the current Irish board comprising John Glennon, Aidan Byrne, Catherine Corcoran Gearty and Niall May

Accounting firm RSM Ireland has been acquired by its UK sister firm, which it says will “accelerate” its long-term growth and boost competition in the market here.

The firm said the investment would allow RSM Ireland to create at least 200 jobs in the next three years, doubling its current size, and boosting its ability to win business in the “local large corporate marketplace”.Irish start-up aims to end drain of ‘talented women giving up their careers every day because of fertility issues’

RSM Ireland began as a start-up in 1987 and it is now ranked as the eight largest accounting firm in the country, serving domestic and global midmarket clients, as well as the public and not-for-profit sector. More than 65 per cent of its clients are active globally, according to the firm. Commenting on the deal, Mr Glennon said: “This is an incredibly exciting day for RSM Ireland. This investment will enable us to accelerate our investment in Irish capabilities, deepen our service offerings and expertise, and expand the breadth of services we offer to our clients.

 

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