Sharma & Associates, Inc.

Sharma & Associates, Inc. is a US-based financial services firm specializing in accounting and bookkeeping solutions specifically designed for community associations and property management companies. Founded in 1995 in Fort Lauderdale, US, Sharma & Associates, Inc. provides financial management services to community organizations.

The company has engaged in 1 deal, with its most recent deal occurring on February 23, 2021. Nany Sharma serves as the founder, while Hans Sharma is the current CEO. In February 2021, the company was acquired by TOPS Software, LLC, a portfolio company of American Discovery Partners, enhancing financial service offerings to its community association customers. Sharma & Associates, Inc.

specializes in comprehensive accounting and bookkeeping solutions tailored for community associations, including property management firms and self-managed communities. Their core services encompass accounts receivable and payable management, payroll services, financial reporting, and budget preparation, assisting Boards of Directors in financial oversight and management. The company operates on a revenue model based on service agreements with property management firms and community associations, functioning as their full-service accounting department. Clients engage Sharma & Associates for ongoing financial management services, ensuring predictable revenue streams through consistent support in financial operations.

Specific pricing structures are not disclosed, but the offerings aim to meet the diverse needs of clients in the property management sector. Following its acquisition by TOPS Software, LLC in February 2021, Sharma & Associates, Inc. aims to leverage this partnership to expand its financial services offerings to a broader range of community associations. The strategic focus includes the design and launch of new financial products that cater to the evolving needs of clients, although specific release dates have not been disclosed.

Additionally, the firm plans to enter new geographic markets to enhance service delivery, further utilizing the resources from this acquisition to support its growth initiatives.