
Merchants Accounting Services
Accounting and consulting services for restaurant hospitality.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Acquisition | |
Total Funding | 000k |
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Merchants Accounting Services, Inc. (MAS) is a full-service certified public accounting (CPA) firm based in Oakland, California. The firm provides a comprehensive range of accounting, tax, and business consulting services. Its offerings include bookkeeping, tax preparation and planning, payroll management, financial statement preparation, and IRS representation. Additionally, MAS assists clients with business entity selection, software implementation, and provides support for buying or selling a business.
The company primarily serves business owners, executives, and independent professionals, with a specialized focus on multi-site restaurants and hospitality customers. This specialization was significantly enhanced following its acquisition by FMS Solutions, a portfolio company of New Heritage Capital, on August 12, 2025. The acquisition was part of FMS's strategy to enter the restaurant accounting vertical, combining MAS's established service with FMS's technology-enabled and SaaS-based solutions. The business was officially incorporated in California on September 28, 1992.
The firm is led by partners Roger Fields and Charanjit Dhillon. Dhillon has over 25 years of experience in accounting, finance, and banking. Fields is a CPA and author with extensive experience in restaurant ownership and management.
Keywords: restaurant accounting, hospitality financial services, CPA firm, tax preparation, bookkeeping services, business consulting, payroll management, financial consulting, restaurant success, multi-site restaurant accounting, FMS Solutions, business valuation, IRS representation, accounting software implementation, tax planning, financial statements