Assurance, tax and consulting service providers RSM US and RSM UK have said they are in "advanced" discussions to merge.
The transatlantic merger would establish a partner-owned multinational organisation spanning locations across the US, the UK, Canada, Ireland, India and El Salvador.
"This merger will create a platform to more effectively serve client needs with quality services and more seamless access to our resources," said Brian Becker, Managing Partner and CEO of RSM US.
"We are doubling down on our future as a dynamic, partner-owned platform, at a time when the industry is undergoing transformation," he added.
Rob Donaldson, CEO of RSM UK said bringing their UK and Irish firms together with their US and Canadian colleagues is the "next logical step" in their journey.
"We already have strong bonds with our transatlantic colleagues and work together with a common aim, to be leading advisors to the middle market," he added.
In November 2023, RSM UK acquired ownership of RSM Ireland, following a significant strategic investment.
"I am excited about the proposed merger between RSM US and RSM UK," said Niall May, RSM Ireland's Managing Partner.
"We’re already seeing the significant benefits of our close relationship with the UK, following their strategic investment in our firm in November 2023.
"This latest step to strengthen our transatlantic capabilities and links with our colleagues in the US and Canada will further help us to accelerate our investment in Irish capabilities, deepen our client offerings, and expand the breadth of opportunity for our people to progress their careers and achieve their potential," he added.
The proposed merger is subject to further discussions and agreement on definitive terms.
