Fort Worth Business Press, May 12, 2014 Vol. 26, No. 18 | Page 10

cover story

photos by mayda arista

10 May 12 - 18, 2014 | fwbusinesspress.com

James Leito III

umerger from the cover
The Chicago-based firm has 52 offices and more
than 400 independent alliance firm locations
around the country. As an independent member of
BDO International Limited (the fifth largest global
network of accounting firms), the firm can leverage
the resources of more than 1,200 member firm offices
in 144 countries. 
“In HLB, I believe we’ve found a well-respected
firm that expands us in a new strategic market in Fort
Worth while also adding to our critical mass in greater
North Texas,” said Wayne Berson, CEO of BDO USA.
“This is a good market for us. We’re very successful
already in Dallas and this just adds on to our success
nicely. This establishes us as a clear alternative to the
Big Four firms in the Fort Worth market.”
BDO, one of the mid-tier accounting firms below the
Big Four – PricewaterhouseCoopers, Deloitte Touche
Tohmatsu, Ernst & Young and KPMG – has been on a
fast-track growth plan under Berson’s leadership. The
integration with HLB marks the company’s eighth
acquisition nationwide since Berson became chief
executive in November 2012. Founded in 1910 as
Seidman & Seidman, BDO is now the seventh largest
accounting firm in the United States and the fifth
worldwide. International revenue in fiscal year 2013
was $6.5 billion.
Berson, who also is chairman of BDO’s global
board, says the firm expects to report about $815
million in U.S. revenue in the fiscal year ending June
30, up from $683 million in 2013.
“Over the past 19 months we’ve really pursued

Tracy Bolt

About BDO
• BDO USA has more than 400 staff serving Texas
businesses from offices in Austin, Dallas, Houston
and San Antonio.
• BDO represents companies ranging from closely
held private businesses to leading nonprofits to
Fortune 500 multinationals.
• BDO USA specializes in serving businesses
in the construction, energy, financial institutions,
government contracting, health care, insurance,
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