BDO USA has acquired Loughlin Management Partners & Co, Inc. (LM+Co), a boutique business advisory firm focused on corporate restructuring and turnaround services, interim management, as well as operational value creation services tailored for private equity investors. The acquisition will operate as BDO Consulting Group, LLC, a separate legal entity and affiliated company of BDO USA, LLP.
The addition of LM+Co, which takes effect on 1 August 2019,means BDO is expanding its suite of event driven business advisory services. LM+Co principal and managing director, James J. Loughlin, Jr., joins BDO as managing director responsible for leading the firm’s business restructuring and operational value creation practices. Most of the LM+Co team will relocate to BDO’s New York office, with others establishing a presence for the newly acquired restructuring and operational advisory group in BDO offices around the country including Arizona, Florida, Southern California, Texas and Pennsylvania.