RSM expands footprint into the Philippines with RT&Co.

06 January 2016

RSM has boosted its footprint in the Asia Pacific region with the addition of a member firm in the Philippines. Audit firm RT&Co. adds 600 staff to the global accounting and consulting network, which now consists of more 37,400 staff in 120 countries worldwide.

RSM International is the world’s 7th largest accountancy and consulting network of independent accounting and advisory firms. The network comprises of more than 37,400 staff in 120 countries that help privately held businesses and public interest entities with a range of business advisory and financial services. Member firms include the former Baker Tilly UK and McGladrey (US) organisations that, as all other member firms, rebranded to RSM in October 2015.

Founded in 2010, Reyes Tacandong & Co. (RT&Co.) is a Filipino audit firm that specialises in due diligence, tax, advisory and audit services. In its five years of operation, RT&Co. has grown from 20 professionals to more than 600 employees and 21 partners and is the country’s sixth largest firm that audits the top 1000 corporations. RT&Co. is headquartered in Makati, the financial centre of the Philippines, and has three additional locations in Cebu, Davao and Iloilo.

RSM expands footprint with RTCo

The addition of RT&Co. offers RSM close proximity to major Asian capitals, as well as strategic air and sea access to over 500 million people in the ASEAN (Association of South East Asian Nations) market. “The admission of this quality firm in the Philippines is in line with our overall global client strategy of developing strong and trusted cross-border, regional and global client services,” explains Jean Stephens, CEO of RSM International. “In this exciting part of the Asia Pacific region, our clients are now enabled further access to new and diverse business opportunities through our representation in this strategically important country.”

Commenting on his firm joining RSM, Chairman of RT&Co. Roman Felipe Reyes says: “Since we formed in 2010, we have built a strong client base and had solid revenue growth. Now is the perfect time for us to join one of the world’s leading networks. Our clients and prospects will benefit from the strength and reach of the RSM network, and in turn, we look forward to supporting our new colleagues within RSM who have clients in the country or who are looking for opportunities.”


SQW Group purchases property-based regeneration consultancy

19 April 2019

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”