BDO, one of the nations 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.
Founded in 2001, AC Lordi specialises in accounting, risk and compliance, business advisory and CFO services. The firms 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 United States and in more than twenty countries for a broad range of clients, from emerging private equity-sponsored companies to multinational organisations 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 United States.
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 Chief Executive Officer Frank Lordi along with the firms 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-calibre advisory practice, we can take advantage of BDOs resources and relationships nationally and around the world.
In turn, our team will deepen BDOs management consulting and regulatory compliance credentials in addition to strengthening its presence in the mid-Atlantic region.
BDO is the brand name for BDO USA LLP, a United States 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 80000 people working out of 1590 offices across 162 countries.
BDO USA LLP, a Delaware limited liability partnership, is the United States member of BDO International Limited, a United Kingdom 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.