Audit and advisory giant RSM is considering an IPO as private equity reshapes the industry. Financial Times reports this, citing sources.
The company is said to have sounded out banks and adjusted internal systems to keep the door open for an IPO, but no decision has yet been made.
An IPO would primarily become relevant if RSM determines that larger acquisitions require more capital than the partners can contribute and if debt financing appears less attractive, the British financial newspaper writes.
RSM is the world’s seventh-largest audit network and generates more than 5 billion dollars in revenue through its US, UK and Mexico alliance.
