M&A Deal Summary

FMS Solutions Acquires C&S Wholesale Grocers - Retail Accounting Divisions

On May 3, 2021, FMS Solutions acquired business services company C&S Wholesale Grocers - Retail Accounting Divisions from C&S Wholesale Grocers

Acquisition Highlights
  • This is FMS Solutions’ 1st transaction in the Business Services sector.
  • This is FMS Solutions’ 2nd transaction in the United States.
  • This is FMS Solutions’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2021-05-03
Target C&S Wholesale Grocers - Retail Accounting Divisions
Sector Business Services
Buyer(s) FMS Solutions
Sellers(s) C&S Wholesale Grocers
Deal Type Divestiture

Target

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.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 2 of 6
Sector: Business Services M&A 1 of 3
Type: Divestiture M&A Deals 1 of 1
State: New Hampshire M&A 1 of 1
Country: United States M&A 2 of 6
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-22 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 GOT Systems

Leawood, Kansas, United States

GOT Systems provides SaaS-based product ordering, shrink and markdown tracking and grind log services to U.S. grocers, based in Leawood, Kansas.

Buy -

Seller(S) 1

SELLER

C&S Wholesale Grocers

Keene, New Hampshire, United States

Category Company
Founded 1918
Sector Distribution
DESCRIPTION

C&S Wholesale Grocers is a wholesale grocery supply company in the U.S., supplying 5,000 independent supermarkets, chain stores, military bases, and institutions with over 150,000 different products. C&S Wholesale Grocers is based in Keene, New Hampshire.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Hampshire M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-05 Olean Wholesale Grocery Cooperative

Olean, New York, United States

Olean Wholesale Grocery Cooperative, Inc. is a full-service grocery wholesaler with a variety of food products as well as non-food, household, and personal care items. Olean Wholesale Grocery Cooperative, Inc. was founded in 1922 and is based in Olean, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-23 SpartanNash

Grand Rapids, Michigan, United States

SpartanNash is a grocery distributor that operates two complementary business segments food wholesale and grocery retail. Its global supply chain network serves wholesale customers that include independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The company distributes products for every aisle in the grocery store, from fresh produce to household goods to its OwnBrands, which include the Our Family portfolio of products. SpartanNash was founded in 1917 and is based in Grand Rapids, Michigan.

Buy $1.8B