Crewe-based software scaleup acquired by RSM UK in ‘game-changer’ deal
A software scaleup in Cheshire has been snapped up by London-headquartered business advisory firm RSM UK.
First Hosted Limited (FHL) will now operate as part of RSM, creating the largest provider of business software Oracle NetSuite in Europe.
FHL’s 54-strong NetSuite operation, based in Crewe, will continue to trade under its existing brand.
FHL managing director Andrew Peddie, who spoke to Bdaily earlier this year, said: “This move to integrate with RSM marks a game-changer in our market. For us as a company it presents the next natural step in our growth cycle.
“This is also about people. The NetSuite technology can’t be effectively deployed without the right people in place to provide the necessary skills. RSM is a great fit, both culturally and in terms of what each side can offer.”
The acquisition was completed for an undisclosed sum.
David Gwilliam, the chief operating officer of RSM, commented: ‘We’re delighted to announce the FHL acquisition and welcome their market leading NetSuite team into the wider RSM family.
“The prospects for this expanded offering are very exciting indeed. Being the UK and Europe’s largest and leading NetSuite provider significantly strengthens our capability to provide clients with a broader spectrum of business systems services and solutions.”
RSM’s lead partner for technology and management consulting, Chris Knowles, said: “Our enhanced market proposition significantly strengthens our own ability to engage with a more diverse client base both large and small, in more locations, and in a greater variety of sectors.”
The UK is set to leave the EU on 31 October 2019. Are you preparing for Brexit? Complete the North East Growth Hub and Tees Valley Business Compass’ 3-minute survey →