RGP has named Daniel Boyer as Senior Vice President and Head of M&A, bringing more than 20 years of deal‑advisory experience, including a former Managing Director role at KPMG’s Deal Advisory & Strategy practice and leadership positions at Alvarez & Marsal and Deloitte. The appointment places M&A at the core of RGP’s integrated platform that combines on‑demand talent, consulting, and managed services.
RGP’s transformation strategy seeks to unify its service mix so that M&A can serve as a catalyst for higher‑margin, long‑term engagements. By integrating CFO advisory and CIO solutions around M&A activities, the company aims to support enterprise leaders in navigating complex transactions and accelerating transformation initiatives.
Fiscal year 2026 has seen a decline in revenue and net losses. Q1 FY2026 revenue fell to $120.2 million from $136.9 million year‑over‑year, with a net loss of $2.4 million. Q2 FY2026 revenue dropped further to $117.7 million from $145.6 million, and the net loss widened to $12.7 million. Gross margin improved to 39.5 % in Q1 from 36.5 % in Q1 FY2025, driven by better pay‑to‑bill ratios, higher utilization, and lower costs, but fell to 37.1 % in Q2, impacted by higher healthcare costs and lower utilization.
Management commentary highlights the need for strategic focus. CEO Roger Carlile said, "While our balance sheet remains strong, our quarterly earnings results reflect a continued lack of positive momentum of our consolidated revenue and Adjusted EBITDA. These results underscore the need to take decisive actions to better align our cost structure with our current revenue levels, refocus our On‑Demand offerings to address the evolving needs of our clients, and scale our Consulting business to deliver high‑value solutions to both existing and new clients." President of Consulting Services Scott Rottmann added, "There has been a distinct acceleration in M&A activity at a time when transactions are growing more operationally and technologically complex. Today's deals demand more than transaction expertise. They require disciplined integration across finance and technology. Daniel's leadership strengthens our ability to deliver end‑to‑end..."
The appointment also reflects RGP’s response to market headwinds. Revenue declines are attributed to choppy demand, clients delaying transformation projects amid global economic uncertainty and soft labor markets, and reduced demand in traditional finance roles due to AI and automation. By strengthening its M&A capabilities, RGP aims to offset these headwinds with higher‑margin, long‑term engagements that can drive future growth.
RGP's segment breakdown shows declines in On‑Demand Talent and Consulting, while Europe & Asia Pacific and Outsourced Services remain key growth areas. The new M&A leadership is expected to integrate CFO advisory and CIO solutions around M&A activities, creating a seamless value‑creation path for clients and positioning RGP as a trusted partner for large transformations, cost‑reduction, system migration, and data modernization initiatives.
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