BDO USA, LLP Announces Major Midwest Expansion Through Addition of SS&G, Inc.

November 2014

Chicago, IL – BDO USA, LLP, one of the nation’s leading professional service organizations, today announced a major expansion of its Midwest presence through the addition of more than 375 staff, including 36 partners, from SS&G, Inc and its SS&G Parkland subsidiary (SS&G). A top 40 accounting firm nationally, SS&G partners and employees are based in multiple offices in the Cleveland, Akron, Columbus, Cincinnati and Chicago markets. SS&G provides a full range of accounting and consulting services to a diversified client base with significant strength in the manufacturing, distribution, restaurant, healthcare, nonprofit, real estate and technology industries. The combination of BDO and SS&G is subject to customary closing conditions and is expected to be completed on January 1, 2015. SS&G Wealth Management, SS&G Healthcare and Paytime Integrated Payroll Services are not part of this transaction and will continue to serve their clients as independent entities.

“I want to welcome SS&G's partners and staff to BDO USA. We already generate significant revenue in Ohio, but we have never had an office in the state. This transaction provides a major strategic addition to BDO, as it fills a gap in our geographic coverage of the Midwest. With SS&G, we aren't just entering a new market, we are gaining a leading accounting practice in Ohio with a great reputation throughout the region, as well as a nationally prominent restaurant practice. At the same time, we are greatly enhancing our existing practice in the greater Chicago market," said Wayne Berson, CEO of BDO USA. “Combined with other additions in Fort Worth, San Antonio, Pittsburgh, Philadelphia, McLean (VA), Minneapolis and Anchorage that the firm has made over the past two years, this is powerful evidence that quality professionals are drawn to BDO as we continue to elevate our presence in the marketplace.”

"We have enjoyed a long history of success by providing superior client service to closely-held entrepreneurial businesses and leading middle market companies. By combining with BDO, we will build on that tradition. Our growing clients will still receive the local, hands-on service they value, but will now have access to a wider array of services, extensive industry experience, SEC representation and the resources of BDO’s extensive global network," said Robert Littman, CEO of SS&G. "BDO has a very similar entrepreneurial culture to our own and the firm’s reputation as a favorable workplace also fits well with our focus on work/life balance. Our people will now have access to many more opportunities to pursue career growth.”

Several SS&G partners will be taking on leadership roles at BDO. Robert Littman will be joining the BDO USA board of directors and he will also be taking on a new role at BDO as Managing Partner of Ohio, with all Ohio based office managing partners reporting to him. SS&G founders, Mark Goldfarb and Gary Shamis will also be joining BDO. Mr. Goldfarb will serve as Ohio Managing Partner for Key Client Relationships and Growth Strategies and Mr. Shamis will serve as National Strategy and Growth Advisor in BDO USA's national office, while maintaining his presence with Ohio clients.

“SS&G has established a long history of creating strong relationships with closely-held and family-owned businesses, nonprofit organizations and individuals in the Ohio and Illinois markets. By combining with BDO, we will be in a position to help these clients grow and become even more successful," said Gary Shamis. "This is the next logical step to grow our practice and our clients."

"Despite our long list of achievements, from time to time we have been excluded from bidding on some work because of our lack of an SEC practice or other technical area. As part of BDO USA, we will have all the resources and all the coverage any client could want," said Mark Goldfarb. "We can't wait to get started on this next chapter in our evolution."

BDO will maintain all of the previous SS&G office locations in the Cleveland, Akron, Columbus, Cincinnati and greater Chicago markets. See office contact information below:

BDO USA, LLP BDO USA, LLP
32125 Solon Road Hanna Building
Cleveland, OH 44139 1422 Euclid Avenue, Ste. 1500
Phone: 440-248-8787 Cleveland, OH 44115
  Phone: 216-325-1700
   
BDO USA, LLP BDO USA, LLP
301 Springside Drive 300 Spruce Street, Suite 250
Akron, OH 44333 Columbus, OH 43215
Phone: 330-668-9696 Phone: 614-488-3126
   
BDO USA, LLP BDO USA, LLP
7870 Kemper Road 221 E. 4th Street
Suite 280 Suite 100
Cincinnati, OH 45249 Cincinnati, OH 45202
Phone: 513-984-1489 Phone: 513-592-2400
   
BDO USA, LLP BDO USA, LLP
225 W. Illinois Street 1665 Elk Boulevard
Suite 300 Des Plaines, IL 60016
Chicago, IL 60654 Phone: 847-824-4000
Phone: 312-863-2300  
   
BDO USA, LLP  
8707 Skokie Boulevard  
Suite 400  
Skokie, IL 60077  
Phone: 847-676-2000  


SS&G has been recognized for its professional and workplace achievements by numerous entities, including a Best of the Best Firms by Inside Public Accounting and a Top 20 Best Accounting Firm to Work For by Vault.com.

BDO Facts:

  • BDO represents companies ranging from closely-held private businesses to leading non-profits to Fortune 500 multinationals.
  • BDO USA has industry practices specialized in serving businesses in the construction, energy, financial institutions, government contracting, healthcare, insurance, manufacturing, nonprofit, private equity, real estate, retail and technology sectors.
  • BDO USA gained more SEC audit clients in 2013, by far the most of any accounting firm (source - Audit Analytics).
  • BDO has been named a Best Company by Working Mother Magazine for four consecutive years and been recognized with the When Work Works Award for Business Excellence in Workplace Flexibility for six consecutive years.
  • BDO has 53 offices and more than 400 independent alliance firm locations around the country.
  • BDO USA has been serving clients for more than 100 years since its founding in 1910 (as Seidman & Seidman).
  • 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 151 countries around the world.

About BDO USA

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting 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 53 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 1,264 offices in 151 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.