O’Connor Davies has renamed itself PKF O’Connor Davies as it takes on an expanded role in PKF International, becoming the lead North American firm in the network.
The move will provide O’Connor Davies’ clients with preferred access to experts and firms in 440 cities and 150 countries around the world, while establishing the firm as the primary referral point for international businesses with needs in North America. The expanded relationship reflects O’Connor Davies’ strong growth and the ongoing demand for international expertise among businesses in the U.S. and abroad.
O’Connor Davies, based in New York City, ranked 30th on Accounting Today’s 2015 list of the Top 100 Firms, with $107.5 million in annual revenue.
PKF’s best known firm has been, and the namesake of the network, has traditionally been the Houston-based firm of Pannell Kerr Foster of Texas, P.C., known as PKF Texas for short.
The expanded relationship with PKF International prompted O’Connor Davies to align its name and strategic brand focus and elements, including logo and tagline. The firm will now be known as PKF O’Connor Davies, emphasizing its standing in the network. A newly created logo now showcases the PKF name prominently while featuring two interlocked Os to symbolize the strength of the firm and the deep connections it creates with clients and partners. The firm’s new tagline, Know Greater Value, will reinforce PKF O’Connor Davies’ commitment to continually creating the highest level of value possible for clients. The move comes amid a period of unprecedented growth for PKF O’Connor Davies with the firm expanding from 450 professionals to more than 600 in less than 18 months.
Last month, O’Connor Davies merged in Flackman Goodman & Potter, a New Jersey-based firm, and last November it added Stanley Marks & Company in Newburgh, N.Y. (see O’Connor Davies Merges in Flackman, Goodman & Potter and O’Connor Davies Merges in Stanley Marks). Last May, the firm added McEnerney, Brady & Co., in Livingston, N.J. (see O'Connor Davies Merges in McEnerney, Brady & Co. and last January it acquired Daniel J. McMahon Company in Chappaqua, N,Y. (see O'Connor Davies Acquires Daniel J. McMahon Company).
“Everything we do is focused on creating value for our clients and in today’s global environment the ability to deliver top-notch expertise no matter where clients are in the world is integral to that process,” said PKF O’Connor Davies managing partner Kevin J. Keane in a statement. “Our expanded role in the PKF International network ensures our clients have seamless access to top accounting and advisory expertise around the world and helps put our firm on a level playing field with some of the largest in the industry. The partnership, our new name and our new branding are exciting steps in the evolution of this firm and demonstrate how bright the future is for PKF O’Connor Davies and our clients. I’m proud of everything we’ve accomplished and I’m even more excited to start this next chapter in our history.”
Along with the new brand elements, the firm launched a new web site at www.pkfod.com, featuring a resource section where clients, prospects and industry professionals can access a library of thought leadership materials from topical articles to industry trend pieces and commentary on industry issues. The user interface is designed to work on different types of devices.
“Since we began our relationship with O’Connor Davies it’s been clear that we share a passion for driving value with clients and for valuing the people we work with,” said John Sim, Global CEO of PKF International. “As our network evolved we sought a lead partner to anchor our presence in North America and O’Connor Davies was the natural choice. Beyond the cultural alignment, they have a strong leadership team and a deep team of experts across disciplines that is hard to match. The recent growth only underscores the strength of the firm and reinforced the decision to expand the relationship. We are excited about the value of this partnership for our clients and the network in general both today and moving forward.”
Keane signed an email that was sent Tuesday to O'Connor Davies' clients alerting them to the change. "O’Connor Davies has roots that trace back more than a century," he wrote. "And while we are proud of our past, we are even more excited about what the future holds for us and our clients."
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