Top 30 accounting firm PKF O’Connor Davies said Tuesday it has acquired Hollywood, FL-based CPA firm Topping Kessler & Co., expanding its presence in the state.
Financial terms of the deal weren’t disclosed. Four partners and more than 30 team members will join PKF O’Connor Davies.
The Harrison, NY-based firm also has Florida offices in Fort Lauderdale and Palm Beach Gardens.
This move comes on the heels of two other M&A deals PKF O’Connor Davies completed effective Jan. 1, adding New York City-based boutique tax and financial advisory firm Wolf Maryles & Associates and Bowman & Co., a CPA firm with three offices in southern New Jersey.
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“We’re excited to welcome the talented professionals at Topping Kessler to the PKF O’Connor Davies team,” PKF O’Connor Davies CEO Kevin Keane said in a statement on Jan. 13. “Their deep expertise and longstanding client relationships complement our firm’s strengths and reinforce our ability to meet the evolving needs of clients across Florida and beyond.”
Founded in 1981, Topping Kessler is known for its deep expertise in tax research, planning and preparation, accounting, bookkeeping, consulting, auditing, and advisory services.
As part of the integration, Topping Kessler will operate its South Florida practice out of two locations—Hollywood and PKF O’Connor Davies’ Fort Lauderdale office.
“Joining PKF O’Connor Davies is an exciting opportunity for both our team and clients,” said Elliot Kessler, partner at Topping Kessler. “By working together, we’ll enhance the resources and expertise available to our clients while continuing to deliver the personalized service they rely on.”
PKF O’Connor Davies is the lead North American representative in the PKF International global network of independent accounting and advisory firms.
In November 2024, the firm announced it was getting an infusion of capital from Bahrain-based private equity group Investcorp and the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers.
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The accounting firm said at the time that the injection of outside funding will “elevate its competitiveness and amplify long-term sustainability” and “provide flexibility for increased M&A activity, as well as investing in cutting-edge technology and new service lines.”
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