"McGladrey is focused on taking the middle market to the global market," said McGladrey Managing Partner and CEO Joe Adams. "The United Kingdom is a great place to do business, and our new relationship with Baker Tilly in the UK will provide clients with access to one of the UK's leading firms and increased global service offerings. McGladrey looks forward to working with our UK colleagues to serve existing clients and develop new business with companies who have global operations or aspirations."
Baker Tilly acquired RSM International's previous UK member firm, RSM Tenon, in August 2013. The acquisition gave Baker Tilly the opportunity to consider its international network membership options and, after a period of detailed consideration, the firm felt RSM was better aligned with Baker Tilly's client needs and international growth aspirations. McGladrey and the Baker Tilly team in the UK share a commitment to client service excellence, and the two firms plan to form a strong bilateral relationship to provide seamless services to clients while growing cross-border business.
Laurence Longe, Baker Tilly's managing partner, said, "Membership in the dynamic global network of RSM will bring huge benefits to Baker Tilly and we believe it to be in the best interests of our clients, partners and staff. Working with McGladrey will give us much greater scope for opportunity in the U.S., as well as offer better potential for international expansion for the clients of both firms. Having met the McGladrey team on a number of occasions, it is clear that we are aligned to their strategic vision and values, and we very much look forward to working with them and exploring new opportunities in the future."
Baker Tilly has over 40 offices across the UK and is one of the foremost providers of professional services to entrepreneurial and growing businesses.
"This is an important step in positioning the RSM network as the leading global service provider focused on middle market businesses,"
McGladrey looks forward to welcoming the UK Baker Tilly leadership team to its Chicago headquarters to kick off the new relationship on May 27−29.
About RSM International
RSM International is the 7th largest network of independent audit, tax and advisory firms, encompassing over 100 countries, 700 offices and 32,500 people internationally. The network's total fee income is approaching US$4 billion. In 2013, RSM saw an 18% increase in global referrals within the network.
RSM International actively engages in promoting and celebrating the very best in entrepreneurship, championing the role of the entrepreneur in today's world economy. RSM is the lead sponsor and corporate champion of the European Business Awards, promoting commercial excellence and recognition of entrepreneurial brilliance.
RSM International is a member of the Forum of Firms. The objective of the Forum of Firms is to promote consistent and high quality standards of financial and auditing practices worldwide.
RSM International is the brand used by a network of independent accounting and advisory firms each of which practices in its own right. RSM International Limited does not itself provide any accounting and advisory services. Member firms are driven by a common vision of providing high quality professional services, both in their domestic markets and in serving the international professional service needs of their client base.
In March 2013, RSM International was awarded the prestigious Editor's Special Award for Global Initiative of the Year at the International Accounting Bulletin annual awards. The award recognises the outstanding achievement of the RSM network for its global initiative - RSM World Day – which was praised for being a unique and powerful cross-network initiative that enhanced both employee and client engagement. The judges highlighted the campaign as a shining example of how to successfully connect independent member firms around the world under a common vision and set of values.
For further information, please visit: www.rsmi.com
About Baker Tilly in the UK
In the UK, Baker Tilly is the trading name of a number of separate legal entities which (in its newly merged form with RSM Tenon Ltd and its trading subsidiaries)
Key professional services: audit, accountancy, personal and corporate taxation, VAT, management consultancy, corporate finance, IT advisory, restructuring and recovery and forensic services.
Sector expertise: charities and education, agriculture, automotive, media, manufacturing, pensions, professional practices, public sector, property, social housing, retail and leisure.
Baker Tilly was a member of the international network Baker Tilly International.
For further information, please visit: www.bakertilly.co.uk
McGladrey LLP is the leading U.S. provider of assurance, tax and consulting services focused on the middle market, with more than 6,700 people in 75 cities nationwide. McGladrey is a licensed CPA firm and serves clients around the world through RSM International, a global network of independent assurance, tax and consulting firms. McGladrey uses its deep understanding of the needs and aspirations of clients to help them succeed. For more information like us on Facebook at McGladrey News, follow us on Twitter @McGladrey and/or connect with us on LinkedIn.