BDO joins forces with audit firm RSM Finland
BDO joins forces with audit firm RSM Finland
With the acquisition, RSM Finland will continue its operations as part of BDO. RSM Finland, which specialises in auditing and financial advisory services for demanding special situations, has a turnover of approximately EUR 3.3 million.
The merger will bring synergies to the clients of both companies. BDO's extensive network of experts, range of services and industry expertise will provide RSM Finland's clients with more comprehensive services, while maintaining a client relationship with their familiar account manager. RSM Finland's experts will strengthen BDO's competence, in particular in the areas of special audits, restructuring and tax services. In Finland, RSM Finland is a leading auditing firm in specific financial management issues related to insolvency situations.
“With the merger, we will be an even more versatile service provider in our industry for clients of all sizes. As a new service, we are proud to be able to offer our clients special audits and increasingly diverse support for risk management, prevention of malpractice, financial recovery and other challenging situations. In this area of expertise, we are one of the most significant operators in Finland. Our restructuring services will be considerably strengthened as well. With our comprehensive range of services, we can more comprehensibly provide our clients with the services that they need,” says Taneli Mustonen, Managing Director at BDO.
BDO and RSM Finland share a common commitment to understanding the needs of our clients, providing good client service and high-quality services and looking after the well-being of the personnel. The international BDO has twice been awarded the prestigious International Accounting Bullet’s (IAB) 'Audit Chain of the Year' award.
BDO's strategic growth continues
The acquisition is a continuation of BDO's strategic growth. With the acquisition, RSM Finland's 29 experts will be transferred to BDO, increasing its staff to approximately 300 people. BDO serves its clients throughout Finland from 17 offices.
“We want to help our clients achieve their goals and dreams. We have excellent capabilities to serve our clients locally in Finland and around the world, wherever they operate. We want to produce value for our clients through our client-oriented approach, which is centred around exceptionally good client service in addition to high quality of work,” says Taneli Mustonen.
The founding partners of RSM Finland, Seppo Suontausta, Urpo Pirilä, Manu Auhto, Managing Director Risto Kiviranta and Head of Audit Kaj Riska will continue with their own client relationships and have been invited to become partners of BDO.
“The key personnel of RSM Finland and BDO have known each other for a long time. Our goal is to create an organisation that works seamlessly for our clients and allows us to combine our strengths and expertise,” say RSM Finland's partners.
For the personnel of both companies, the merger will mean even more robust career opportunities and interesting work projects. BDO provides its staff with a work community where expertise is valued, where it is possible to perform versatile tasks and continuous competence development is encouraged.
At the beginning of the year, BDO acquired the business operations of Helle Partners Oy and HelBal Oy's share capital, both of which provide auditing and tax and advisory services.
BDO is an expert organisation that offers auditing, tax and legal services as well as financial management and advisory services, with international operations in a total of 167 countries. BDO serves its clients in 17 locations in Finland, with around 300 experts in Finland and more than 91,000 worldwide. BDO Finland has a turnover of EUR 25.2 million. BDO Ltd is owned by Finnish partners who are involved in the company’s operations.
RSM Finland, founded in 2011, is an audit firm that provides its clients with audit and financial advisory services for demanding special situations that are both high-quality and reliable. RSM operates in five locations in Finland (Helsinki, Turku, Jyväskylä, Tampere and Oulu). Turnover EUR 3.3 million.