Clearly a sign of a move to a US listing.
XPEL, Inc. Retains U.S.-Based Auditor Baker Tilly
SAN ANTONIO -- (Business Wire) --
XPEL, Inc. (TSXV:DAP.U), (“XPEL” or “the Company”) a leading supplier of automotive paint protection and window film, has announced the appointment of Baker Tilly Virchow Krause LLP (“Baker Tilly”) as its auditor, replacing RSM Canada LLP.
Baker Tilly is a nationally recognized, full-service accounting and advisory firm headquartered in Chicago with approximately 2,800 employees across the United States. Baker Tilly is ranked as one of the 15 largest accounting and advisory firms in the country and is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 147 territories, with 33,600 professionals.
The Company’s Board of Directors and its Audit Committee approved the appointment of Baker Tilly. RSM Canada LLP indicated there were no reservations or modified opinions on any of the Company’s financial statements since RSM Canada LLP was appointed auditor of the Company.
Barry Wood, Chief Financial Officer, commented, “Given that our headquarters and a substantial part of our operations are based in the U.S. and the fact that the majority of our shareholders reside in the U.S., it makes sense for us to align with a quality U.S.-based auditor. We are excited to be working with a nationally recognized firm like Baker Tilly. I would like to thank RSM Canada LLP for their service to XPEL over the years.” |
