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Friday 22 November 2024
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SPoT Coffee announces acquisition of Collins Barrow by RSM Canada

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TORONTO, Canada – SPoT Coffee (CANADA) LTD. is pleased to report that RSM International Ltd. (“RSM”), the accounting industry’s sixth largest firm and a global provider of audit, tax and consulting services, has purchased Collins Barrow LLP, SPoT’s new auditor.

Accordingly, the Company’s auditor is now RSM Canada (www.rsmcanada.com).

Our Company and its shareholders are very pleased with this news,” said Anton Ayoub, President and CEO of SPoT Coffee.

We are confident that SPoT’s franchise operations will benefit from the expanded consulting services of RSM and the resources of 41,000 professional people in more than 120 countries around the world.

This news release is an important follow-up to the Company’s recently announced decision to retain Collins Barrow LLP as its new auditor in a press release disseminated on November 27 of this year.

SPoT continues to focus on upgrading its operational infrastructure and streamlining its financial reporting and general accounting procedures in order to keep up with its growth and to best serve its developing franchise program in the short as well as the long term.

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