Firm continues to expand operating footprint, enhances service delivery across numerous industries
PKF O’Connor Davies, one of the nation’s largest accounting, tax and advisory practices, today announced the addition of Philadelphia-area firm, Rainer & Company.
“Adding Rainer & Company aligns with PKF O’Connor Davies’ overall growth strategy. We are continuing to thoughtfully expand our talented team in regions and practice areas that will allow us to best leverage our platform for our growing client base” said Kevin J. Keane, Chief Executive Officer at PKF O’Connor Davies.
“Joining forces with PKF O’Connor Davies not only represents a significant milestone in our firm’s history but it also broadens their growing regional presence,” said Joseph T. Fabrizio, Managing Shareholder at Rainer & Company. “Our partnership will yield ongoing benefits for our clients, including access to PKF O’Connor Davies’ industry-leading resources, global network and top-notch experts. I look forward to our continued work together.”
Founded in 1954, the Pennsylvania-based firm provides a full range of accounting, tax and business advisory services to commercial, individual, not-for-profit and government clients. The firm’s four shareholders and 25 staff members, led by Managing Shareholder Joe Fabrizio, will deepen PKF O’Connor Davies’ work in several client industries including construction, real estate, manufacturing and employee retirement plans.
PKF O’Connor Davies announced strategic growth investment from PSP Investments and Investcorp last November and continues to advance its market expansion, introducing new services across various industries and regions.
Ira Rosenbloom of Optimum Strategies served as strategic partner to both parties in this transaction.