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BDO acquires Global Trade Strategies, Lootok

GRC Announcements | January 9, 2019

Accounting and advisory firm BDO USA announced the separate acquisitions of customs and international trade regulation consulting firm Global Trade Strategies (GTS) and crisis management company Lootok.

The GTS acquisition coincides with BDO’s launch of a new customs and international trade practice and expands the resources of the company’s international tax services.

BDO’s new customs and international trade practice is designed to help multinational companies navigate the complex rules governing the cross-border movement of goods and services, with the goal of minimizing duty, VAT, and excise tax payments while maximizing corporate customs and trade compliance. Damon V. Pike, who will join BDO as a principal, will lead the practice. The personnel of GTS have also joined BDO and will be based in the firm’s South Florida offices.

The acquisition of Lootok bolsters BDO’s proactive risk-management capabilities, offering clients an end-to-end suite of services...

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