BDO USA LLP said on Wednesday that they have acquired Quantum Global Advisors LLC, a real estate insurance claim and valuation consulting method based in Chicago.
The terms of the transaction were not disclosed. The deal is expected to be completed on October 16.
Quantum Global Advisors was founded in 1945 and specializes in all categories of real estate insurance, including business breakdown process and forensic loss analysis, BDO said in a statement. The deal adds 28 employees to the Chicago-based accounting firm.
Quantum's digital platform, Asset Intel Modeling, will strengthen BDO's claims services with real-time customer asset data, the statement said.
"From the global pandemic, to the forest fires in the west and hurricanes hitting our Gulf Coast, these events are causing endless disruption to communities, as well as severe business disruptions across the country," Jay Duke, National Chief Partner for Consulting Services at BDO USA, said in the statement.
Adding Quantum will give BDO a "more holistic advisory business insurance," Duke said. Catalog