Tuesday, January 14, 2014

Scale Finance Growth Continues – January 2013

Scale Finance LLC announces the hiring of 13 new professionals during the second half of 2013 –

  • Senior Controller Bill Easton , Senior Controller Craig Coss,  Controller Maureen Little,  Accounting Manager Mike Hoppe, Accounting Manager Amanda Jones, Accounting Manager Kate Duncan in the Triangle
  • Controller Jim Wright and Accounting Manager Joe Council in Charlotte
  • Controller Joe Thompson in the Triad
  • Transaction Advisor Sara O’Leary in Southern Pines
  • CFO Nathan Chitty  and Controller Tony Peterson in Florida

“The value we add is just common sense; many small companies need hands-on, highly experienced financial management support at affordable cost. After 8 years, we continue to see steady growth in our professional ranks, our client base, and the scope of our practice”, said Dave Gilroy, Managing Director in Charlotte. Valuation services (e.g. 409a, ASC 805, transaction support valuations) are growing rapidly, for instance, and we are thankful for expanded referrals from lawyers, CPA firms and commercial banks. Bank-ready financial reporting, shrewd working capital management, intense scrutiny of cost, realistic forecasts, insightful performance analysis, and pristine control are more critical than ever, and our low-cost, fractional use solutions match up well for entrepreneurial companies.”

2013 also included successfully closed major growth capital and M&A transactions for several SF clients:

  • Cell Phone Repair Franchise Systems, Inc. -  National provider of on-premises repair solutions for cell phones, tablets, and other electronic devices with over 120 stores
  • Wellness Corporate Solutions, Inc. –State-of-the-art corporate wellness company providing high-touch wellness programs emphasizing health education and behavior change
  • Trident Marketing –Leading provider of technology-based customer generation services for major brands
  • Culmen International, LLC -Global provider of security and specialty project management services to the US government
  • Carolina Urgent Care, LLC - highly innovative Urgent Care and Sports Medicine facility
  • T1 Visions LLC – Market leader in interactive solutions using large format touchscreens for social and public spaces
  • Northwest Companies, Inc - National provider of SaaS-driven management services meeting the exterior facilities maintenance needs of large companies
  • Yodil, Inc. - SaaS provider of business intelligence, data analytics, operational reporting to the insurance industry

Scale Finance Has added more than 75 new clients so far in 2013. Our firm focuses on entrepreneurial companies with high growth potential, and example new clients include Fuzzy Logix, W2 Personnel, Securus, echoBase Software, BBMK Enterprises, Hygieia Sciences, Martex Fiber, McMillan Construction, High Hampton, The Children’s Home, Amcor, BG Consulting, Burke Communications, Kask Srl, Paromi Tea, Lake Norman Chamber of Commerce, Impact Financial Systems, Medical Modalities, Novarus Healthcare, Sapheon, OE Enterprises, LunaPops, TowerComm, and others.

About Scale Finance

Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance LLC has offices throughout the southeast including Charlotte, Raleigh/Durham, Greensboro, Wilmington, Washington D.C. and South Florida with a team of more than 40 professionals serving more than 100 companies throughout

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