PKF O'Connor Davies Expands with the Acquisition of Rainer & Company

PKF O'Connor Davies Expands with New Acquisition of Rainer & Company

PKF O'Connor Davies, recognized as one of the leading firms in accounting, tax, and advisory services in the nation, has announced a significant move to enhance its operations and offerings. On June 2, 2025, the firm revealed its acquisition of Rainer & Company, a well-established firm operating in the Philadelphia area. This strategic acquisition is set to broaden PKF's regional influence while enabling it to deliver superior services to its diverse client base.

Strategic Growth and Client Value

The CEO of PKF O'Connor Davies, Kevin J. Keane, expressed enthusiasm over the acquisition, stating, "The addition of Rainer & Company aligns perfectly with our overall growth strategy." Keane emphasized that this move is not just about expanding the firm's geographic reach but is also focused on enhancing the quality of service delivered to its clients. The acquisition allows PKF to leverage the experience and expertise of Rainer's talented team to meet the growing demands of their client base across various sectors.

Joseph T. Fabrizio, the Managing Shareholder of Rainer & Company, echoed Keane's sentiments, highlighting that this partnership marks a major milestone in their firm's legacy. Fabrizio pointed out that the collaboration will unlock a wealth of resources for their clients, including access to PKF's extensive global network and a team of industry-leading experts. Both leaders are optimistic that the partnership will foster mutual benefits and lead to enhanced service offerings.

A Legacy of Excellence

Founded in 1954, Rainer & Company has built a strong reputation providing a comprehensive suite of accounting, tax, and advisory services tailored to meet the needs of various clients, including individuals, corporations, non-profit organizations, and governmental bodies. The firm consists of four shareholders and a dedicated team of 25 professionals who will integrate into the PKF structure, reinforcing its capabilities in several key sectors, including construction, real estate, and manufacturing.

With a focus on enhancing employee retirement plans and other related services, this acquisition positions PKF O'Connor Davies as a key player in addressing the evolving needs of its clients in Pennsylvania and beyond.

The expansion comes on the heels of a strategic growth investment announcement in late 2024 from PSP Investments and Investcorp, which aims to further bolster PKF's market position and service offerings. The firm is actively pursuing opportunities to diversify its service portfolio across multiple industries and geographies, a commitment reflected in this latest acquisition.

Ira Rosenbloom of Optimum Strategies acted as a strategic partner to facilitate this transaction, ensuring that both parties could successfully navigate the complexities involved in such an integration.

About PKF O'Connor Davies

PKF O'Connor Davies is recognized for its commitment to delivering exceptional value and expertise. Their philosophy, encapsulated in the brand message "Know Greater Value," succinctly conveys the confidence that clients experience when collaborating with their dedicated team. The firm operates under two entities: PKF O'Connor Davies LLP, a licensed CPA firm providing essential attest services and PKF O'Connor Davies Advisory LLC, which specializes in tax and advisory services.

To learn more about the firm and its services, visit pkfod.com and connect via LinkedIn and X (以前のTwitter).

In conclusion, the merger with Rainer & Company is set to enhance both firms' capabilities and position them for future success in the competitive landscape of accounting and advisory services.