M&A Deal Summary

FMS Solutions Acquires Boschini Miller & Associates

On January 22, 2020, FMS Solutions acquired financial services company Boschini Miller & Associates

Acquisition Highlights
  • This is FMS Solutions’ 1st transaction in the Financial Services sector.
  • This is FMS Solutions’ 1st transaction in the United States.
  • This is FMS Solutions’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2020-01-22
Target Boschini Miller & Associates
Sector Financial Services
Buyer(s) FMS Solutions
Deal Type Add-on Acquisition

Target

Boschini Miller & Associates

Greensburg, Pennsylvania, United States
Boschini, Miller & Associates is an accounting services firm providing support to multiple grocery, restaurant, and other retail environments. Boschini, Miller & Associates was established in 1983 and is based in Greensburg, Pennsylvania.

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Buyer(S) 1

Buyer

FMS Solutions

Ft Lauderdale, Florida, United States
Category Company
Founded 1974
Sector Financial Services
DESCRIPTION

FMS Solutions is a provider of business process outsourcing (“BPO”) services to independent grocers and other multi-unit retailers. FMS’s comprehensive range of accounting and payroll solutions enables its 5,000+ retailer customers to run more efficient operations and make informed strategic decisions on a daily basis. FMS Solutions was founded in 1974 and is based in Ft Lauderdale, Florida.

DEAL STATS #
Overall 1 of 4
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Pennsylvania) 1 of 1
Country (United States) 1 of 4
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 C&S Wholesale Grocers - Retail Accounting Divisions

Keene, New Hampshire, United States

C&S Retail Accounting Divisions provides business process outsourcing services to independent grocers.

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