Estimated reading time: 0 minutes, 49 seconds

RSM BUYING EXPLORE CONSULTING Featured

Steve Jones, Explore ConsultingRSM US is expanding its NetSuite business with the purchase of Bellevue, Wash.-based Explore Consulting. The deal is expected to close on July 1. Terms were not disclosed.

When Explore submitted its application for Bob Scott’s Top 100 VARs for 2017, it said it had 55 people and $10.3 million in revenue for the year ended Dec. 31, 2016. The press release announcing the deal reported nearly 60 professionals would join RSM. For the last few years, RSM has topped the Top 100 and its latest revenue report submitted for Bob Scott’s VAR Stars for 2017 showed revenue for $271.1 million. It remains to be seen if that stands with DXC’s purchase last year of Tribridge which has been combined into DXC Eclipse. Tribridge was expected to have $180 million in revenue. It remains to be seen if DXC is willing to give any guidance on Eclipse, but the two together would probably exceed the last RSM numbers. Co-founders Steve Jones, CEO, and Jeremy DeSpain, COO, will join RSM as consulting principals.

Read 1997 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.