Acquisition of San Francisco Accounting Firm Expands Pacific Crest Group’s Reach into Bay Area Restaurant Market
LARKSPUR, Calif. (October 4, 2011) – Pacific Crest Group (www.pcg-services.com), the Bay Area service firm that optimizes finance, human resources, and IT so their clients can focus on building their business, has announced the acquisition of Compass Accounting of San Francisco. With the acquisition of Compass Accounting’s food service client base, Pacific Crest Group has substantially broadened its accounting services client portfolio in the San Francisco Bay Area’s restaurant sector.
Pacific Crest Group’s team of financial experts will provide strategic outsourced accounting services to Compass Accounting’s restaurant clients, including controller support, financial reporting, and bookkeeping services. Pacific Crest Group also will deploy the latest accounting systems to provide strategic intelligence that is important when dealing with the unique challenges of running a restaurant. Pacific Crest Group’s payroll services also will help these clients manage rotating part-time and full-time staff. These newly acquired client restaurants span a range of food services, including microbreweries, specialty food retailing, and catering services.
“Restaurateurs are a creative and driven breed with a unique set of business challenges. Running a successful restaurant is an ongoing challenge that requires solid financial intelligence, and that’s what our accounting systems provide,” said Franka Winchester, General Partner for Pacific Crest Group. “Our mission is to help relieve our clients of back office burdens to free their creativity, and give them the financial intelligence they need to map out business growth. We also expect these new clients to consider taking advantage of our HR and staff management and recruiting services.”
For more information about Pacific Crest Group’s outsourced accounting services, contact Franka Winchester at 415.461.2586 or fwinchester@pcg-services.com.
About Pacific Crest Group
Pacific Crest Group works with entrepreneurial organizations to help them unleash their potential by eliminating the friction and chaos caused by detailed business functions. Founded by a team of entrepreneurs with expertise in accounting and HR, Pacific Crest Group has built its reputation by identifying organizational needs and opportunities for improvement, optimizing financial procedures, and human resources management so clients can focus on their core business. Pacific Crest Group approaches business management like a consulting physician, with an understanding that some problems can be isolated and fixed while others need a more holistic approach. The result is eliminating obstacles such as cash flow problems due to large AR, mismanaged and unhappy staff so owners can focus on income generating growth.
The firm is based in Larkspur, California. For more information, visit Pacific Crest Group online at www.pcg-services.com.
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Contact:
Franka Winchester
Pacific Crest Group
(415) 461-2586
fwinchester@pcg-services.com
Tom Woolf
Woolf Media & Marketing
(415) 259-5638
tomw@woolfmedia.com