8 of RSM’s Biggest Clients (Ranked By Size)

RSM mainly focuses on middle-market businesses by offering them audit, tax, and consulting services. This may make you curious about who exactly are their biggest clients. 

RSM is a global network of independent member firms (branded under one umbrella). It operates in over 120 countries, and some of its biggest clients by size are Green Brick Partners, CH&Co, CloserStill Media, and Edge Autonomy. 

Some of the other RSM clients are:

• Genetics IVF Institute 
• Clarus Therapeutics
• Advent Home Medical
• Palatine Private Equity

In today’s article, I’ll explore:

• Who are RSM’s biggest clients based on size?
• What services does RSM provide to these clients?

1. Green Brick Partners 

Green Brick Partners (a publicly traded homebuilding and land development company) has offices in Colorado Springs, Dallas, Fort Worth, Austin, Atlanta, and Treasure Coast. (Source) 

The 550 employees working in these offices helped the company earn a revenue of $1.76 this year. That equals the revenue generated by each employee to $3,195,122.

At this moment, the market cap of Green Brick Partners is locked at $1.97. (Source)

RSM has been the trusty auditor of Green Brick Partners. I find it surprising that within a short period of time, it has become one of RSM’s biggest clients. 

2. CH&Co

Founded in 1991, CH&Co is a private catering and hospitality company. It is headquartered in Reading, Berkshire, and has over 700 sites in the UK and Ireland. (Source) 

CH&Co is a private company, and it is very secretive about disclosing stats, including true market value.

However, it has earned a revenue of $379 million (the previous year), which may give you an idea about the company’s worth. 

But achieving such figures in this industry wouldn’t have been possible without the efforts of its employees (the head count is 5,610 at the moment). (Source)

Having said that, RSM has always been there for CH&Co and offers many advisory services, including: 

• Financial Guidance
• Strategic Planning
• Supply Chain Advisory
• Risk Compliance and much more!

All of these services from RSM help CH&Co to be more successful each passing year! 

3. CloserStill Media

CloserStill Media organizes important events and exhibitions in the learning, healthcare, tech, and veterinary fields. (Source) 

My research revealed to me that this event company earned $120 million in revenue (15% more than the previous stats). That means the estimated revenue is $256,250 for each of its 450 employees. (Source)

Providence Equity Partners (an investment firm) acquired and partnered with CloserStill Media for $431.2 million, so this will give you a good idea about its current valuation. (Source)

RSM is always standing side by side with CloserStill Media and advises them to make smart decisions. That’s how their events remain up and running! 

Here’s a highlight of RSM’s advisory services that they offer to CloserStill Media:

• Advice on how to succeed and last for a long time.
• Assists in managing money wisely.
• Provides ideas for business growth. 

4. Edge Autonomy 

Edge Autonomy is known for developing innovative autonomous systems in the aerospace and defense industry. 

With multiple locations in the United States (Michigan, California, Oregon, and others) and one office in Europe, the firm’s revenue is skyrocketing! It has earned approximately $57.2 million in the previous year. 

Also, the firm has a team of more than 500 professionals that contributes to its success. (Source)

Recently, Edge Autonomy acquired Adaptive Energy. In this acquisition, RSM gave some valuable financial advice to the firm and made the deal a success! (Source)

5. Genetics IVF Institute 

Genetics IVF Institute deals with many major fertility treatments like:

• IUI
• IVF
• Donor Egg IVF
• LGBTQ+ Family Building
• Fertility Preservation

(Source)  

All the treatments that I’ve mentioned above play an important role in helping couples achieve their family goals.

With a full package of services, the company reported $36.3 million in revenue. Thanks to its 113 strong professionals working in the Fairfax, Virginia, and Shangai, China locations.   

(Source)

RSM advises Genetics IVF on the financial and strategic aspects of its various treatments and makes sure that these are managed in the best possible way! 

6. Clarus Therapeutics 

As you may know already, Clarus Therapeutics is a popular pharmaceutical company located in the heart of Illinois. (Source)

Currently, around 50 employees work in this medical company’s single location. (Source)

It has earned $15.6 million in revenue in the last year, with a market cap of $2 million (declining slowly). (Source)

Clarus Therapeutics gets auditing services from RSM, and if I have to be specific, it takes help in the following areas:

• Financial Statement Audit
• Internal Controls Review
• Compliance Audits
• Operational Audits, and more.

(Source)

7. Advent Home Medical 

Advent Home Medical is an equipment company, and the recent figures show that it has earned a revenue of $5.6 million. 

As of now, you can find it operating in Michigan (having 4 different locations), and more than 25 employees are working here. (Source)

RSM has advised Advent Home Medical in a number of M&As (Mergers and acquisitions). In March, the medical equipment company acquired Aeratech Home Medical. In this deal, RSM’s advisors helped them with due diligence and securing the deal in the best way.

(Source)

An M&A advisor from RSM wrote on Glassdoor: “As a member of the advisors’ team at RSM, I’ve had the privilege of contributing to various M&A deals, including the recent success of Advent Home Medical’s acquisition of Aeratech Home Medical. Working on these projects has been an enriching experience, and it’s particularly rewarding to see our collaborative efforts lead to successful outcomes. I am proud to be part of RSM, and I am excited about the continued opportunities.” (Source)

8. Palatine Private Equity

The last one on my list of RSM’s biggest clients is Palatine Private Equity (with $5.6 million in current revenue). It’s located in the following cities of the UK:

• Manchester 
• London 
• Birmingham

(Source)

This equity firm has an employee count of 25 to 30. They collectively help the firm to remain up in the business! 

In the recent past, a group of tax advisors from RSM assisted Palatine Private Equity with the investment in the Midlands-based accountancy firm, Bk Plus. Its role was to:

• Figure out the best tax strategies for the investment
• Make sure everything is done according to tax laws
• Minimize tax obligations

(Source)

In the end, here is a table that will show you RSM’s biggest clients (ranked by size) for a better understanding: