On November 18, 2024, PKF O’Connor Davies (“PKFOD”), a leading U.S. accounting, tax, and advisory firm, announced a growth investment from Investcorp and Public Sector Pension Investment Board (“PSP Investments”). The partnership aims to strengthen PKFOD’s competitiveness, support M&A activity, and expand its service offerings and technology capabilities. PKFOD will retain its alternative practice structure, ensuring compliance with professional standards. While transaction terms were not disclosed, the deal has received regulatory approval. Capstone Partners advised PKFOD, with Levenfeld Pearlstein as legal counsel. Investcorp was advised by Gibson Dunn, and PSP Investments by Weil, Gotshal & Manges and McDermott Will & Emery.