RSM McGladrey continues its growth strategy throughout the Florida market by announcing its intention to acquire the firm of Tedder, James, Worden & Associates (“TJW”). TJW is the fifth largest accounting firm in the Central Florida market. Merging with RSM McGladrey gives TJW access to a broader pool of industry talent, expanded service offerings and locations throughout Florida and the United States.
Currently RSM McGladrey has more than 300 employees and seven offices in Fort Lauderdale, Jacksonville, Melbourne, Miami, Naples, Titusville, and West Palm Beach. The addition of Tedder, James, Worden & Associates adds more than 100 professionals and an established office in the Orlando area.
The acquisition reinforces the firm’s position as the fifth largest U.S. accounting, tax and business consulting organization. RSM McGladrey, together with McGladrey & Pullen LLP, a partner-owned CPA firm, have combined revenues of more than $1.2 billion and nearly 8,000 employees in more than 120 offices across the country.
"As an independently owned member of the RSM McGladrey Network, Tedder James Worden & Associates has had an ongoing relationship with RSM McGladrey since 2000," said Johnnie James, Managing Partner of Tedder James Worden & Associates. "We have always considered what is best for our clients and employees before we have made any decisions concerning the future of our firm. We are confident the pending merger with RSM McGladrey will enhance our ability to continue to deliver world class service to our clients and provide greater growth opportunities for our employees."
“Executives with midsized companies in Orlando will now have a national organization dedicated exclusively to their particular needs,” said Frank Compiani, Executive Managing Director for the Florida practice of RSM McGladrey. “Middle market companies will now have access to the full range of services and resources a world-class professional services firm like RSM McGladrey offers.”
“The middle market represents the most dynamic sector of the American economy,” added Compiani. “RSM McGladrey is uniquely positioned to meet their accounting, tax and business consulting needs. Our expertise in the manufacturing, wholesale distribution, financial services, private clubs and hospitality, construction and real estate industries can help our clients grow and prosper.”
About RSM McGladrey: RSM McGladrey is a leading professional services firm providing accounting, tax and business consulting. McGladrey & Pullen LLP (a partner-owned CPA firm) delivers audit and attest services. RSM McGladrey and McGladrey & Pullen operate in an alternative practice structure. Though separate and independent legal entities, they can work together to serve client’s business needs. Together, the companies rank as the fifth largest U.S. provider of accounting, tax and business consulting (source: Public Accounting Report), with 8,000 professionals and associates in more than 120 offices nationwide. RSM McGladrey Inc. and McGladrey & Pullen are member firms of RSM International, an affiliation of independent accounting and consulting firms.