Transaction Positions BDO as Leading Advisor to Affordable Housing Industry
CHICAGO--(BUSINESS WIRE)-- BDO USA, LLP, one of the nation’s leading accounting and advisory firms, today announced an expansion of its public housing authority (PHA) practice through the acquisition of Casterline Associates, a Pennsylvania-based accounting and consulting firm focused on providing a variety of professional services to the affordable housing industry. Founded in 1995, Casterline provides accounting, financial consulting, strategic planning, information technology and other services to PHAs around the country. The newly combined practice will be positioned as the industry leader, having served more than 400 PHAs, including the 10 largest. This transaction with Casterline, which brings 9 staff to BDO, is effective immediately.
“I want to welcome Jason Casterline and his team to BDO,” said Brian Alten, National Leader of BDO USA’s Public Housing Authority Practice. “We are extremely pleased to build on our existing presence with public housing authorities and the Department of Housing and Urban Development (HUD) by adding these highly-valued resources to our national practice. Casterline has been working with PHAs throughout the United States for more than 30 years - which is a testament to the quality insight and advice they bring to each client relationship.”
“Casterline Associates has built a long history of serving the public housing community as a trusted advisor for achieving financial and operational improvement. By joining BDO, we will leverage the firm’s national brand and resources to build on that strong tradition to reach the next level of growth,” said Jason Casterline, President and Founder of Casterline Associates. “Clients will continue to receive the close personal attention that they have come to expect from the Casterline team, but now they will have access to a wider array of solutions and the deep resources of BDO. Equally important, BDO has a well-earned reputation as a favorable workplace and our people will have opportunities to serve a broader client base.”
Jason Casterline and the other professionals formerly with Casterline Associates will be based out of BDO USA’s Philadelphia office (contact information below).
BDO USA, LLP
1801 Market Street
Philadelphia, PA 19103
About BDO USA’s Public Housing Authority Practice
BDO USA’s Public Housing Authority practice serves more than 400 PHAs and affordable housing providers, offering valuable accounting, training and consulting services. The firm provides customized accounting solutions and resources agencies need to stay current with HUD accounting requirements – and to continue making a difference, every day. BDO is also the premier provider of industry-wide education to PHA staff and executives, HUD employees, as well as other advisors and consultants.
About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. 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 500 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 73,000 people working out of 1,500 offices across 162 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.
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For BDO USA
Keri Toomey, 212-584-5471
Source: BDO USA, LLP