O’Connor Davies company merges with European firm

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.