Grassi, a nationally recognized advisory and accounting firm, has acquired OnePoint Franchise Accounting for an undisclosed amount. This corporate acquisition sees OnePoint, a specialist in accounting and bookkeeping solutions for the franchise sector, become part of Grassi, expanding the acquiring firm's niche expertise and service portfolio.
OnePoint Franchise Accounting has over 25 years of experience, providing cloud-based, customizable accounting dashboards and services to both franchisors and franchisees across various industries nationally. Its offerings include financial statement preparation, bank and merchant statement reconciliation, payroll processing, sales and payroll tax filings, vendor bill payment, royalty and marketing collection, customized benchmarking tools, and franchisee compliance tracking. The firm is known for enabling clients to focus on business growth by ensuring accurate, timely, and reliable financial data.
This acquisition is strategically aimed at strengthening Grassi's advisory and accounting capabilities within the specialized franchise industry. By integrating OnePoint's deep expertise and established client base, Grassi gains significant market presence and specialized service delivery in a growing sector. For OnePoint, becoming part of Grassi provides access to expanded resources, broader industry insights, and a larger platform to enhance its service offerings and reach for its clients, who include franchisee restaurant groups, franchisors, and private equity firms.
The combination of these entities is expected to create a more comprehensive and robust suite of services for the franchise community. Clients of the newly integrated firm can anticipate continued dedication to expert guidance and personalized support, now fortified with Grassi's extended capabilities. The merged entity aims to deliver enhanced operational efficiencies and strategic financial support, driving sustained success for franchisors and franchisees alike under the Grassi brand.