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Accounting

RSM Acquires Maryland Firm Wise Consulting

The Wise Consulting group will operate as a wholly owned independent operating subsidiary of RSM until transitioning to RSM’s systems in late fall 2023.

The leaders and staff of Wise Consulting, a human capital management technology consulting firm, are joining RSM. RSM US LLP acquired the equity of Timonium, Maryland-based Wise Consulting Associates, Inc., on May 1, 2023.

Founded in 1996, Wise Consulting implements and optimizes UKG and Ceridian human capital technology solutions and provides ongoing payroll services. The services complement RSM’s workforce capabilities that contribute to an organization’s optimized and forward-facing people strategy—along with other RSM workforce and technology solutions, including the firm’s managed services and enterprise resource planning (ERP) offerings. Together, the RSM and Wise teams will provide integrated, holistic workforce solutions for the middle market.

Joining RSM are Steve Grem, Wise Consulting president and CEO, practice leaders Jennifer Southworth, Marta Williams and Lorry Twisdale, and the Wise Consulting team of more than 100 human capital technology implementation and support consultants, payroll service providers and support staff.

“We are thrilled to work side by side with the highly respected and talented Wise team as collaborators in bringing compelling, holistic digital workforce solutions to our clients,” said Pat Vance, national consulting leader for RSM US LLP. “These are the kinds of integrated solutions clients expect and that help us instill confidence in a world of change as middle market leaders make decisions about how their businesses can operate most effectively and efficiently.”

“We are excited to bring our talent and services to a leading firm that will help us maximize the potential for our practices, our clients and our employees,” said Grem. “In RSM we have found critical alignment in culture, values and client service philosophy and approach. We look forward to offering enhanced services to our clients and to providing new growth, training and advancement opportunities for our people.”

The Wise Consulting group will operate as a wholly owned independent operating subsidiary of RSM until transitioning to RSM’s systems in late fall 2023.

RSM was advised by martinwolf, a global leader in mid-market mergers and acquisitions focusing on channel partners, MSPs, MSSPs, IT Services and VARs.