O”™Connor Davies Administration LLC, a subsidiary of the accounting and consulting firm PFK O”™Connor Davies LLP, has merged with VBK+CO, an international administrative services firm headquartered in Geneva, Switzerland.
Terms of the transaction were not disclosed.
The merger with the 4-year-old European company follows a series of merger and acquisition deals in the last few years by New York City-based O”™Connor Davies, which operates an approximately 220-employee regional office in Harrison. The company a month ago announced an expanded partnership with PKF International, a global network of independent accounting firms, when it added PKF to its name.
PKF O”™Connor Davies officials said the merger with VBK+CO adds experience in the family office and alternative investments space to the U.S. company”™s financial services team and will increase its footprint in that industry.
With the merger, said Marc L. Rinaldi, CEO of O”™Connor Davies Administration and partner-in-charge of O”™Connor Davies Financial Services, “We have created a truly global accounting, administration and advisory firm with unequaled experience and professionals in family offices, alternative assets, innovation and scalable shared resources.” He said the two firms will provide services to institutional investors including family offices, private foundations and endowments and private funds.
PKF O”™Connor Davies has 10 offices in New York, New Jersey, Connecticut and Maryland with more than 600 professionals led by 100 firm partners.
