BDO USA Expands Advisory Practice With AC Lordi Acquisition

Chicago-based BDO USA LLP (FY18 net revenue of $1.46 billion) has announced the acquisition of AC Lordi (FY17 net revenue of $18.7 million) of Malvern, Pa., effective June 1.

The addition brings 100 professions to BDO and expands its foothold in the Philadelphia area while expanding its advisory offerings. AC Lordi CEO Frank Lordi, along with the firm’s six other principals, will become BDO partners.

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 20 countries for a broad range of clients.

“As part of such a high-caliber advisory practice, we can take advantage of BDO’s resources and relationships nationally and around the world,” Lordi says, “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.”

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