The leading provider of assurance, tax and consulting services to middle market businesses, RSM International, announced a merger between RSM South Africa and Ngubane Johannesburg a South African professional services firm.
According to RSM, the merger will drive growth internationally through technology and deep sector specialisms. With both companies coming together will create an annual billing in excess of R300 million and around 400 staff.
With Ngubane Johannesburg’s market-leading expertise, the merger will increase RSM’s competence in the South African public sector, as well as transport and logistics, mining & resources, manufacturing, and education.
RSM International CEO, Jean Stephens, said, “RSM International has experienced strong growth across Africa over the last two years. This merger will see two successful businesses with shared ambitions combine, offering scale, innovation and best-in-class talent development. Our ambitious 2030 Global Strategy outlines a major multi-year growth and transformation programme. The merger between RSM South Africa and Ngubane Johannesburg demonstrates RSM’s long-term commitment to delivering The Power of Being Understood to its clients, people and communities.”
New CEO of RSM South Africa Noma Ashom said, “This merger creates a genuine point of difference in the South African marketplace. It brings together our deep understanding of the South African trading environment with access to international markets and a range of specialist services that RSM is so well known for. It will act as a catalyst for us to move at pace and scale, bringing technology, data and analytics to our clients in new ways. Crucially, the strong cultural fit means we will be able to continue putting people first, harnessing the power of diverse thinking to produce better outcomes for clients.”
Ashom who is the existing CEO of Ngubane Johannesburg, will be becoming the new CEO of RSM South Africa. Current RSM South Africa CEO, Dieter Schulze, will take on the role of Regional CEO of the combined firm’s Cape Town team and will remain Head of Tax.
