Strategic Growth: Aprio Expands with PS+ Practice Acquisition
Aprio to Acquire RSM US LLP's Professional Services+ Practice
Aprio is set to make a significant move by acquiring RSM US LLP's Professional Services+ (PS+) practice. This exciting development promises to enhance Aprio's service offerings and deepen its expertise in the professional services sector across the U.S.
Details of the Acquisition
As part of the agreement, Aprio and RSM have detailed their plans for the acquisition, which will see the PS+ practice transition smoothly to Aprio's operations. The transaction is pending customary closing conditions and is expected to complete on a specified date.
The PS+ practice is renowned for providing specialized resources and integrated solutions aimed at helping professional services firms navigate the complexities of today’s business environment. Serving nearly 80 firms, the PS+ practice excels in various areas including strategy development, leadership enhancement, talent growth, operational efficiency, and access to advantageous group buying options.
The Vision Ahead
Richard Kopelman, the CEO of Aprio, expressed enthusiasm about integrating the PS+ practice into the Aprio family. “We are honored to welcome the PS+ practice and its talented team. This acquisition is not just a partnership, but a strategic move to foster collaborative opportunities for growth,” he remarked.
Statements from Leadership
Dean Sengstock, the leader of the PS+ practice, expressed his excitement about the transition. He stated, “Joining Aprio allows us to realize our vision for client service while maintaining our commitment to exceptional, tailored support for our clients.”
Meanwhile, Brian Becker, the managing partner at RSM US LLP, commented on how this acquisition allows RSM to refocus on its core services such as assurance and tax consulting. He acknowledged the contributions of the PS+ team over the years to RSM, depicting a sense of gratitude and recognition of their efforts.
Integration and Future Prospects
The integration of the PS+ practice into Aprio is set to take effect on an established date. Under the leadership of Dean Sengstock, the practice will continue to deliver high-quality services while benefiting from the enhanced capabilities and resources available at Aprio.
This merger represents a pivotal growth opportunity, enabling both teams to collaborate more effectively. In the upcoming weeks, Aprio and RSM will work closely to ensure an efficient transition with minimal disruption to client services.
About Aprio
Aprio is a leading professional services firm recognized for its comprehensive suite of services. Since its inception in 1952, it has built a strong reputation for helping clients achieve their business objectives across the globe. Aprio offers a range of services, including advisory, tax, audit, and wealth management, tailored to meet the diverse needs of individuals and businesses alike. With over 2,000 dedicated professionals, Aprio caters to various industry sectors, ensuring clients receive personalized and effective solutions.
Follow Aprio for Updates
To learn more about Aprio’s services or to stay updated on their latest endeavors, interested parties can visit their official website and social media channels.
Frequently Asked Questions
What is the PS+ practice?
The PS+ practice focuses on providing strategic resources and integrated solutions for professional services firms.
Why is the acquisition beneficial for Aprio?
This acquisition enhances Aprio's service offerings and strengthens its position in the professional services market.
Who will lead the PS+ practice at Aprio?
Dean Sengstock will continue to lead the PS+ practice as it integrates into Aprio.
How many firms does the PS+ practice serve?
The PS+ practice serves nearly 80 firms across North America.
What does this acquisition mean for RSM US LLP?
RSM will now focus on its core assurance, tax, and consulting services while allowing the PS+ team to thrive under Aprio's umbrella.
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