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BDO Canada acquires PRA Canada, bolstering risk advisory services for clients across the country

TORONTO – BDO Canada is pleased to announce the acquisition of P. Reimer & Associates Ltd. (PRA Canada), effective January 13, 2025. In a complex and evolving business landscape, this move allows BDO Canada to further its expertise in providing tailored solutions for effective regulatory compliance and risk mitigation activities to clients across the country, particularly those in the financial services industry.

"Our firm is committed to providing clients with leading solutions rooted in deep industry experience. Adding PRA Canada to BDO Canada enhances our existing financial services capabilities and strengthens our position in the market, leveraging PRA's nearly 40 years of leadership in serving financial institutions."
Ziad Akkaoui, National Practice Leader, Risk Advisory at BDO Canada

PRA Canada is a well-established firm who has partnered with more than 100 Canadian financial institutions and government agencies nationwide for nearly four decades. Their experience and existing relationships will help further BDO's commitment to investing in enhanced service offerings, specifically tailored to the unique needs of credit unions.

“We have had many discussions over the years with various national firms. However, we feel that joining BDO is the best cultural fit for our clients, the strongest capability in digital transformation, artificial intelligence, and automation which are all important for our clients' future success,” says Jeremy Picco, Managing Partner at PRA Canada. “This move also creates valuable synergies between our teams and we're excited for our future success.”

About BDO Canada

BDO Canada LLP is a leading provider of professional services to clients across a variety of sectors and segments. For over 100 years, our team has served communities across Canada through a comprehensive range of assurance, tax, and consulting services, complemented by deep industry knowledge. With over 5,000 people across 100 offices in Canada, and more than 1,800 offices in 164 countries, BDO is well-positioned to assist clients with both domestic and global needs.

BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO member Firms.

About PRA Canada

PRA Canada is a privately owned assurance and advisory firm specializing in Internal Audit and Risk Advisory Services. With 40 years of experience, PRA Canada serves a diverse client base across the financial services and government sectors, offering tailored solutions to meet their unique needs.

Media Contact: Tara MacPherson, Senior Consultant, Proof Strategies Inc., [email protected], 905-870-1771

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