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BDO USA, LLP Expands Advisory Practice with Addition of AC Lordi

May 15, 2019

CHICAGO--(BUSINESS WIRE)--May 15, 2019--

BDO USA, LLP, one of the nation’s leading accounting and advisory firms, today announced the expansion of its Philadelphia practice through the addition of 100 professionals from Philadelphia area-based management consulting firm AC Lordi. The addition enhances BDO’s advisory offerings and strengthens BDO’s local foothold in the Philadelphia region.

Founded in 2001, AC Lordi specializes in accounting, risk and compliance, business advisory and CFO services. The firm’s practice areas include SEC reporting, technical accounting, internal and IT audit, SOX compliance and finance transformation, among others. The firm has performed work throughout the U.S. and in more than twenty countries for a broad range of clients, from emerging private equity-sponsored companies to multinational organizations across most major industries.

“BDO and AC Lordi are united in our commitment to providing exceptional client service and a holistic, solutions-oriented approach to complex business problems,” said Jay Duke, national managing partner of Advisory Services at BDO USA. “This expansion builds on our advisory capabilities in the Philadelphia market with an infusion of top-notch local talent and deep industry experience.”

Subject to customary closing conditions, the combination of BDO and AC Lordi will be effective June 1, 2019. Upon completion of the transaction, AC Lordi CEO Frank Lordi along with the firm’s six other principals will become BDO partners.

“We are thrilled to combine forces with BDO and increase the breadth and depth of services we can offer to our clients,” said Lordi. “As part of such a high-caliber advisory practice, we can take advantage of BDO’s resources and relationships nationally and around the world. In turn, our team will deepen BDO’s management consulting and regulatory compliance credentials in addition to strengthening its presence in the mid-Atlantic region. We are stronger together than apart.”

BDO Facts:

About BDO USA

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 650 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 80,000 people working out of 1,590 offices across 162 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. 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. For more information please visit: www.bdo.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190515005263/en/

CONTACT: Sally Slater

Bliss Integrated Communication

sally@blissintegrated.com

212-584-5475

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES ACCOUNTING CONSULTING FINANCE

SOURCE: BDO USA, LLP

Copyright Business Wire 2019.

PUB: 05/15/2019 09:30 AM/DISC: 05/15/2019 09:31 AM

http://www.businesswire.com/news/home/20190515005263/en

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