NET30 Acquired by Steiner Business Solutions
Steiner Business Solutions is excited to announce that we have acquired NET 30 – another Richmond, Virginia bookkeeping and bill paying firm, effective June 5th, 2017. The NET 30 team is still together so you should see no drop in service as we work through the integration. The merger with NET 3o allows us to offer our clients even more valuable services, so we invite you to check out their website www.net30.net for more information. Call us if you have any questions or concerns. We look forward to a bright future!
Here’s an article published by Richmond BizSense about the acquisition:
A year after buying a piece of a local chocolate maker, Dan Steiner is in deal-making mode again, this time acquiring a competitor of his bookkeeping company.
His Steiner Business Solutions closed last week on the acquisition of Net30, a longtime local firm that offers similar services and serves similar clients. The deal nearly doubles the size of Steiner’s company.
The transaction was finalized Friday. Terms were not disclosed.
Steiner, who started his firm in 2006, said the deal capitalizes on a trend in the bookkeeping industry of retirement-age owners looking for an exit strategy. Read the Full Article here.