John Szuberla of RSM

Here's the lowdown

  • More than 35 people from RSM's Sage Intacct consulting practice are expected to join EisnerAmper in early 2027.

  • The team implements and improves the cloud accounting system for nonprofit, real estate, health care, financial services and professional-services clients.

  • EisnerAmper has completed more than 27 acquisitions since taking private-equity investment in 2021, but the firms did not disclose a price for this carve-out.

This is a team deal, not a software deal

Buying a cloud accounting practice is a little different from buying an accounting firm. The valuable asset walks out of the elevator every evening.

EisnerAmper plans to bring over more than 35 RSM professionals who already know how to implement, customize and support Sage Intacct. The official announcement calls the transaction a carve-out combination and says it should close in early 2027.

That means EisnerAmper is not buying Sage Intacct itself. Sage owns the software. EisnerAmper is adding the people, client relationships and operating know-how needed to make the system work inside a real business.

What the team actually does

Sage Intacct is a cloud financial-management system. A growing company might use it to replace basic bookkeeping software, connect several business units or get better reporting without building its own finance technology stack.

The hard part usually begins after the license is signed. Someone has to design the chart of accounts, move old data, connect other systems, build approval rules and teach people how to use the new setup.

RSM's team handles that work. Its services include implementation, ongoing optimization, custom workflows and reporting. Its clients span nonprofits, real estate, health care, financial services and professional services.

Moving those specialists together matters because implementation knowledge is cumulative. A consultant who knows why a client built a strange approval rule two years ago can fix it faster than a new team starting from a diagram.

Why EisnerAmper wants the practice

EisnerAmper already has a Sage Intacct business. Adding RSM's group gives it more people and a larger base of experience without recruiting dozens of consultants one at a time.

It also deepens a service line that can produce work long after the original installation. Clients need new reports, integrations, controls and process changes as they grow. That creates recurring advisory work around the software.

The move fits EisnerAmper's broader expansion. The firm reported $1.2 billion in annual revenue, 478 partners and more than 4,700 employees across 54 offices. Since accepting an investment from TowerBrook Capital Partners in 2021, it has completed more than 27 acquisitions.

This transaction is narrower than buying an entire firm, but the logic is similar. EisnerAmper gets an operating team now instead of waiting years to build one.

RSM is choosing where not to compete

The unusual part is the seller. RSM is a larger accounting firm, yet it is moving a working consulting practice to a smaller rival.

Neither firm explained the financial logic or disclosed the price. RSM said combining the practices would help the team grow and serve clients at greater scale. Sage said the move should create more support for shared customers.

That still leaves an important business question: why sell a healthy team? A carve-out can let a firm narrow its investment, reduce overlap or move a specialized group to an owner that wants to spend more on it. Without disclosed terms, readers should treat those as possible explanations, not confirmed motives.

Clients should watch the handoff

For clients, the logo on the invoice is less important than continuity. They should ask whether their lead consultant is moving, who controls project files, how support tickets transfer and whether pricing or contract terms will change.

Open implementations deserve extra attention. A cutover date, unfinished integration or data-conversion issue can become expensive if responsibility is fuzzy between the old and new teams.

The deal is expected to close in early 2027, so there is time to make that handoff boring. That is the best outcome in an accounting-system transition.

EisnerAmper gets 35-plus specialists and another engine for advisory growth. RSM gets a clean exit from the practice. Clients get the real test: whether all that institutional knowledge moves with the people.

Join Ledger Lowdown for more plain-English reporting on the deals and tools changing accounting firms.

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