SuárezBaldomero was formed in 2011 and focuses on federal, state and local tax compliance; audit representation; and business consulting for both domestic and international clients.
“With over a decade of experience working with inbound companies on various tax-related matters, SuárezBaldomero is a valuable addition to our international services practice,” said PKF O’Connor Davies executive chairman Kevin Keane in a statement Wednesday. “I welcome the firm’s team of specialists as, together, we expand our client base and enhance our global leadership.”
Financial terms of the deal were not disclosed. PKF O’Connor Davies ranked No. 25 on Accounting Today’s 2023 list of the Top 100 Firms, with $337 million in annual revenue, over 200 partners and more than 1,500 employees.
SuárezBaldomero clients are located in various countries, including Argentina, Chile, Mexico, Peru, Spain, the United Kingdom and Venezuela. The firm specializes in helping foreign companies structure their U.S. footprint and deal with the federal, state and local tax system. SuárezBaldomero helps with planning and formation of new businesses, financial and foreign reporting compliance, along with related accounting and advisory services, including litigation support, forensic accounting, cash flow management, business valuation, mergers and acquisitions, multistate sales and use tax compliance, nexus studies, and due diligence reviews.
“Today begins a new chapter in our firm’s history, as we are welcomed by one of the most respected names in the global accounting field,” said shareholder Belarmino Suárez in a statement. “Now, our family of clients around the world and our team will have access to the support, expertise and resources of not only PKF O’Connor Davies but also the greater PKF International network. I eagerly look forward to our work together.”
Last month, PKF O’Connor added
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