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Firm Management

BDO Acquires Boston Accounting Firm Feeley & Driscoll

The firm serves privately-held businesses in various industries, with a strong concentration of clients in the construction, healthcare, professional services, manufacturing and distribution industries. The combination of BDO and Feeley & Driscoll ...

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BDO USA, LLP, one of the nation’s leading professional service organizations, today announced it has entered into an agreement to expand its Boston practice through the addition of 105 staff, including 15 partners, from Feeley & Driscoll, P.C.. Founded in 1974, Feeley & Driscoll is consistently ranked among the top firms in the New England region.

The firm serves privately-held businesses in various industries, with a strong concentration of clients in the construction, healthcare, professional services, manufacturing and distribution industries. The combination of BDO and Feeley & Driscoll, which is expected to bring total BDO staff in greater Boston to 267, is subject to customary closing conditions and is expected to be completed on May 1, 2016.

“I look forward to welcoming the partners and staff of Feeley & Driscoll to the BDO family.  This is an important addition, as it provides greater critical mass in the important Boston market.  Combined with other additions around the country, BDO has expanded into 20 new cities and added to our critical mass in 12 existing markets over the past three years,” said Wayne Berson, CEO of BDO USA.  “Feeley & Driscoll’s entrepreneurial culture is a natural fit for BDO and should make the integration with our existing Boston practice as seamless as possible.”

“Feeley & Driscoll is a very successful firm with a proud history of serving entrepreneurial businesses in the Boston market for more than 40 years.  In order to achieve the next level of growth and service our expanding clients, we decided it was imperative for us to join a firm that provides a national and global platform.  In joining BDO USA, we feel we’ve found that firm,” said Michael Poirier, Co-Managing Partner of Feeley & Driscoll.  “Our clients will still receive the local, hands-on service they have always valued from our firm and the people they know, but will now have access to a wider array of services – including SEC representation, broad industry experience and the resources of BDO’s extensive global network.  These expanded resources will help our clients grow and become even more successful.  Equally important, our staff will now have access to many more opportunities to pursue career growth.”

Michael Poirier will serve as co-assurance managing partner along with BDO’s current assurance managing partner, Catherine Moy, in the combined Boston practice.  Current BDO partner, Ed Smith, will continue as tax managing partner for the combined practice.

Going forward, BDO plans to consolidate its offices into one Boston location.  In the interim, the firms will maintain the two existing Boston office locations.

“For over three decades, Feeley and Driscoll has been one of country’s highest performing firms and has been a major force in the New England market,” said Allan D. Koltin, CEO of Koltin Consulting Group, who advised Feeley and Driscoll on the merger.  “We began exploratory discussions last spring with seven different regional and national firms and selected BDO based on their culture, leadership, and track record of successfully integrating many other Top 200 firms.”