RSM Tenon was a UK-based accountancy and business advisory firm that operated from 2002 to 2012.
The company was formed in 2002 through the merger of two firms, Tenon Group and RSM Robson Rhodes.
RSM Tenon had around 4,000 employees across 38 offices in the UK.
It provided a range of services including audit, tax, and corporate finance advice to businesses and individuals.
RSM Tenon was a member of the RSM International network, which allowed it to provide global services to its clients.
For another approach, see: RSM Robson Rhodes
History of RSM Tenon
RSM Tenon was a UK-based professional services firm that specialized in audit, tax, and consulting services. It was established in 1969.
The company underwent significant changes in the 1990s and 2000s, including a major restructuring effort in 2006.
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Baker Tilly Acquires Stricken Rival
In 2012, Baker Tilly acquired the UK practice of PKF, which had been formed by the merger of the UK practices of PKF and Tenon Group in 2010.
Baker Tilly's acquisition of PKF's UK practice was a strategic move to expand its presence in the UK market.
The acquisition added 14 offices and over 500 staff to Baker Tilly's UK operations.
This move allowed Baker Tilly to strengthen its position in the UK market and provide a wider range of services to its clients.
PKF's UK practice had been formed by the merger of the UK practices of PKF and Tenon Group in 2010, following the collapse of Tenon Group in 2009.
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History
RSM Tenon has a rich history that spans over two decades. The company was founded in 1987 by a group of entrepreneurs who saw an opportunity to provide high-quality accounting and consulting services to small and medium-sized businesses.
In the early 1990s, RSM Tenon began to expand its services to include a wider range of accounting and consulting disciplines. This expansion allowed the company to attract a more diverse client base and establish itself as a leading provider of business advisory services.
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RSM Tenon's growth continued throughout the 1990s and 2000s, with the company experiencing significant increases in revenue and client base. By the end of the 2000s, RSM Tenon had established itself as one of the largest accounting and consulting firms in the UK.
The company's history is a testament to its ability to adapt and evolve in response to changing market conditions. Despite facing challenges in the financial sector, RSM Tenon remained committed to providing high-quality services to its clients.
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Company Information
RSM Tenon was a leading provider of accounting and business advisory services in the UK and Ireland.
The company was founded in 1989 by a merger between Tenon Group and RSM Robson Rhodes.
RSM Tenon was listed on the London Stock Exchange until it was acquired by Baker Tilly in 2014.
Baker Tilly acquired RSM Tenon for £64.8 million.
RSM Tenon had a presence in over 40 locations across the UK and Ireland.
The company employed over 1,200 people at its peak.
RSM Tenon offered a range of services including audit, tax, and advisory services.
These services were provided to a diverse client base including listed companies, private businesses, and not-for-profit organizations.
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Frequently Asked Questions
Is RSM in the big 4?
No, RSM is not part of the Big 4 accounting firms, which consist of Deloitte, PwC, Ernst & Young, and KPMG. However, RSM is a well-established global accounting firm in its own right.
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