RMT set for growth after joining Sumer Group community

As part of Sumer, a top-15 UK accounting organisation, RMT Accountants & Business Advisors has joined. Sumer invests in prosperous accountancy companies around the UK to establish regional hubs that cater to the SME sector.


With the completion of 12 co-investment transactions in the past year, Sumer has expanded quickly. It offers its hubs access to improved technology, compliance help, cash for more acquisitions, and new prospects for hub colleagues.


The current RMT management team will continue to steer the company’s development and has already started looking into expansion prospects, with acquisitions playing a significant role in the company’s long-term business plan.


With its clients at the centre of its operations, the Gosforth-based practice has grown to employ 120 people across its many service lines.


At RMT Accountants & Business Advisors, managing director Mike Pott states: “This is a tremendous opportunity for us to make a real step change in our operations.” We are thrilled to be a part of a national company that is fully committed to providing exceptional customer service and has a defined growth strategy.


By using the Sumer shared ownership model, its hub partners are able to take use of the size and resources of a national organisation while maintaining local identity and leadership over their activities.


“Sumer shares our beliefs, ethos, and methodology. With Sumer’s support and an increasingly talented and growing North East staff, we anticipate big things for RMT.


With more than 40 offices and more than 1,000 team members, Sumer now has over £100 million in yearly revenue.


It intends to keep up this fast growth until 2024 by launching new services to help its SME clients and making further co-investments.


“Sumer is shaking up the UK accountancy sector by joining forces with outstanding regional firms who share our vision to champion entrepreneurs and owner managed businesses,” says Warren Mead, CEO of Sumer.


Being a part of local communities while still being able to offer our clients the advantages of a national organisation makes us special.


Our goal is to support small and medium-sized enterprises by offering them professional accounting services and other essential support, since we feel that these firms are essential to the health of both our local communities and the larger economy.


“RMT has a stellar reputation in the area for the calibre of both its staff and its services. We’re thrilled to be adding such a reputable brand to the mid-market accounting group in the UK that is expanding the quickest.


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