KLR adds Restaurant Accounting Solutions

KLR acquired Restaurant Accounting Solutions, strengthening the Top 100 Firm's expertise in the restaurant industry as well as its client accounting services capabilities.

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Restaurant Accounting Solutions, based in Yarmouth, Massachusetts, offers specialized bookkeeping, financial reporting, payroll analysis and back-office support to restaurant owners.

Oliveira-Paul-KLR
Paul Oliveira

"This partnership elevates KLR's ability to deliver innovative, client-focused solutions that empower businesses to optimize operations, gain financial clarity, and achieve growth," Paul Oliveira, CEO of KLR, said in a statement. "It's an exciting step forward in our mission to provide seamless, high-impact services."

KLR, based in Tulsa, Oklahoma, ranked No. 81 on Accounting Today's 2026 Top 100 Firms list. It reported $86.7 million in revenue, with 52 partners and over 330 employees across five offices.

"Joining KLR allows us to enhance the value we provide," Arthur Chaprales, CEO of Restaurant  Accounting Solutions, said in a statement. "Our clients will benefit from an expanded range of services backed by a larger team and advanced tools, all while maintaining the personal attention they've come to trust."

KLR last acquired Sullivan Bille in Andover, Massachusetts, in January 2025. Prior, it merged in Next Exec, an executive search and coaching firm in Salem, Massachusetts, in June. 2020.


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Practice management M&A Restaurant industry Massachusetts
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