Accountancy firm RSM Australia to join forces with insolvency practice Chamberlain's SBR

Chamberlain’s SBR’s Steven Priest will be joining RSM Australia as a director. Photo: Supplied.

Leading Australian accountancy firm RSM Australia has announced its Wagga Wagga and Port Macquarie offices will be merging with local insolvency practice Chamberlain’s SBR, in an effort to boost its offering to the NSW and Victorian regional business communities.

RSM Wagga Restructuring and Recovery Partner, Andrew Bowcher, said the merger, with four Chamberlain’s SBR staff joining the 76-strong RSM Wagga and Port Macquarie team, would give clients access to broader business advice and services.

Mr Bowcher said Chamberlain’s SBR’s Steven Priest would be joining as director together with Matthew Cerato as senior manager and Toby Daniel as a senior analyst, while founding partner Chris Chamberlain would join RSM Wagga as senior consultant.

“Chamberlain’s SBR staff were welcomed into our Wagga office on Tuesday 1 October and they’re now working from here,” he said.

“This merger bolsters our Restructuring and Recovery Practice in regional NSW and regional Victoria and Chamberlain’s SBR’s motto, ‘In stressful times you need trusted advisers’, resonates as this is exactly what RSM seeks to provide our clients around Australia.”

RSM Australia’s Andrew Bowcher says the time is right for the merger. Photo: Facebook.

Chamberlain’s SBR services Wagga Wagga, Albury, Dubbo and Wangaratta.

“We are seeing there is a lot more financial distress out there and that the ATO is more active. With all that, it’s a good time to merge our strengths and do what we have done,” Mr Bowcher said.

The RSM Wagga and Port Macquarie senior leadership team of Cole Levy, Stuart Heine, Jade Wade, Warren Flynn, Andrew Bowcher, Tim Gumbleton and Amanda Beckhouse have welcomed the Chamberlain’s SBR team and are pleased to have Steven Priest as a director.

“The merger with RSM strengthens the services we can provide to regional NSW and regional Victoria businesses and individuals who are seeking restructuring and insolvency assistance,” Mr Priest said.

Mr Bowcher said there were exciting times ahead for the company.

“We are about to launch thinkBIG again for this year, which has been published for close to 15 years. It explores current issues of interest for small business owners. Keep a look out for that in the coming weeks,” he said.