New Heritage Capital is pleased to announce that FMS Solutions
, its most recent platform investment focused on providing SaaS-based and technology-enabled accounting and payroll solutions to multi-site retailers, has completed the acquisition of two retail accounting services divisions from C&S Wholesale Grocers, Inc.
This acquisition represents the first add-on for FMS since partnering with Heritage, and provides further opportunity for FMS to provide its market leading services to independent grocery stores. FMS continues to actively seek acquisitions that would complement its cutting edge suite of tech-enabled solutions for multi-site retailers.
About FMS Solutions
Since 1974, FMS has provided comprehensive business process outsourcing services to independent grocers across the U.S., Canada and Caribbean. FMS’ experienced, retail-oriented staff help businesses succeed by transforming historic accounting and payroll activities into timely, accurate decision support tools.