Controller ctucker@scalefinance.com Controller, Scale Finance LLC- Leader in providing fractional based accounting services in the Southeast, June, 2014 to present Senior Accountant/Financial Analyst, Trident Marketing– Trident Marketing is a multi-channel direct response company that develops marketing and sales channels for leading consumer brands in the United States in home services and the travel industry. Prepared […]
Senior Controller & Director peterson@scalefinance.com CFO/Controller of multiple companies, including a lead generation marketing company, a wholesale equipment importer/distributor/service company, a manufacturer and distributor of safety apparel and equipment, a telecommunications reseller, a startup cable TV programming company owned by Anheuser-Busch and two additional small manufacturing companies. Responsible for all financial and management accounting functions, financial
CFO & Director kennedy@scalefinance.com Chief Financial Officer, COO & Owner (Member of Board) – Perfect Fit Industries, Inc – multi-state locations, $100M manufacturer and distributor of home textile products (2008 – 2011) Chief Financial Officer – Perfect Fit (1996 – 2008) Corporate Controller – Perfect Fit (1991- 1996) Supervisor of Corporate Reporting – BASF Structural Materials – subsidiary of
CFO & Director, Scale Finance cousino@scalefinance.com Multiple CFO assignments, Scale Finance LLCfocusing on industrial manufacturing and services companies Multiple CFO assignments, Tatum CFO LLC focusing on manufacturing clients Director, Accounting & Finance, BSN Medical, Inc. $600M global manufacturer of pressure stockings and other products CFO, Freedom Textile, Inc. $25M manufacturer of chemical intermediates and other
CFO & Partner 704-807-6853 starr (at) scalefinance.com Controller, Lincoln Harris, LLC – full service commercial real estate development, brokerage and property management firm Controller, Appian Textiles, LLC – supplier of fabrics to contract and hospitality industries Controller, Laurie Bell Online, LLC – provider of high end outdoor cushions, pillows, rugs and fabrics Controller, Parkinson’s Association
By Margaret Heffernan, Entrepreneur and Author Although private companies have no legal obligation to create advisory boards, many of the most successful companies have them. Primarily this is because they’ve taken investment from individuals or firms for whom oversight and involvement is part of the price of the deal. But even firms owned wholly by their
Is Your Board of Directors Useful? Read More »
Greensboro, NC Rendell Richards – CFO & Partner Joe Thompson – Senior Controller & Director Paula Fong– Controller Melissa Varner – Senior Accountant Southern Pines, NC Gerhard Renner – CFO, Partner & Transaction Advisor Xan Smith – Transaction Advisor & Director Sarah Davidson O’Leary – Transaction Advisor & Director
Piedmont – Wilmington Team Read More »
Source: Pascal-Emmanuel Gobry There are lots of trends people have been talking about in tech financing–“superangels”; delayed IPOs; secondary market sales; and more. But so far, few people have been putting the dots together: the entire financing landscape for companies is changing.There are lots of trends people have been talking about in tech financing–“superangels”; delayed
Changes in Ways Growth Companies are Financed Read More »
Graf Research™ unleashes innovation by developing ideas into disruptive technologies. The Graf mission aims to perform research, provide services, apply analytics, and create products that enable secure, high-performance, embedded, and adaptive computing solutions.
When the Director of Finance for Graf was leaving the company, Graf needed an experienced financial team to get them through the transition. Managing Director Gary Hayes was introduced to Graf and determined that CFO Rendy Richards and Controller John Schefke would be an ideal combination. These two were particularly important because Graf is a U.S. Government contractor, and both Richards and Schefke have strong backgrounds and deep skill sets in this industry.
The two Scale Finance professionals quickly responded to Graf’s time-sensitive need, logically split up the work, learned the DELTEK version used by Graf, introduced more efficient processes and techniques, and helped meet their financial reporting needs. Our professionals also determined that the Senior Staff Accountant was underutilized and helped her grow into a permanent, cost-effective Controller role.
FX HedgePool (FXHP)
FX HedgePool (FXHP) is a New York and London-based highly innovative fintech company. FXHP is an award-winning peer-to-peer matching platform that optimizes the FX swaps market. The Company eliminates market impact and minimizes the effects of volatility – significantly improving outcomes for all investors.
FXHP’s unique credit model separates liquidity from credit, creating a new source of safe and dependable liquidity for the swaps market. The Company exists for the community, guided by the community with a “win-win-win” commitment that helps members, underlying investors, and banks yield safer and better results.
Scale Finance began serving FXHP years ago, providing annual business valuations to support 409A compliance for the Company’s management incentive equity plan. During this period, Scale Finance Managing Director Dave Gilroy advised FXHP about potential strategic corporate transactions. In 2022, the Company decided to raise institutional venture capital. Scale Finance managed this process from end to end, resulting in a highly successful closing of an $8 million Series A equity financing led by Information Venture Partners with participation from Fidelity International Strategic Ventures and NAventures (National Bank of Canada’s corporate venture capital arm).
Scale Finance continues to provide periodic business valuation support.
Heritage Trust
As the first independent trust company in New Mexico, established in 1994, Heritage Trust (HT) uses innovation, experience, and flexibility to meet clients’ needs. HT provides a full range of trust services, e.g., acting as their client fiduciary for their Trust assets, being an executor or personal representative related to the distribution of estate assets, managing and growing financial assets, and preparing annual tax returns for trusted clients.
Co-Founder and Managing Director of Scale Finance Gary Hayes has been providing CFO and managing Controller support since February 2021. We have streamlined their monthly and year-end close process and established budget/forecast capability to support management. Their business has grown over 40% since Scale Finance has been involved with the company’s financial management. Gary has also participated in Board Meetings as and when needed.
Southland Transportation Company
Southland Transportation provides transport, supply chain, and campus management services on a local, regional, and nationwide basis. When Southland contacted Scale Finance, they had a strong accounting staff but no Controller or CFO. After an unsuccessful search for a full-time CFO, Southland engaged CFO and Partner Rendy Richards as their fractional CFO.
Over 18 months, Richards helped integrate a new acquisition, made improvements in accounting and finance processes, developed the company’s first-ever annual budget, helped with the onboarding of a new Controller, and provided business valuations in conjunction with Scale Finance’s Managing Director, Dave Gilroy.
For over six decades, Cooper Electrical has served a wide range of industrial, commercial, and municipal customers across the Southeast, providing best-in-class Electrical Design/Build, BIM, Prefabrication, Instrumentation & Controls, and Calibration services. Cooper’s expertise spans multiple major markets, including bio-pharmaceutical, chemical, water & wastewater, power generation, manufacturing, gas production & transmission, and food & beverage.
When Cooper’s CFO left the company for another opportunity, the owners engaged Rendy Richards as interim CFO while they searched for a full-time replacement. On a half-time basis over eight months, Richards kept the company’s financial organization humming, made improvements in several business processes, initiated a detailed financial forecast, and met with the owners to share his observations and recommendations on the most feasible way to staff their finance and accounting department cost-effectively.
SymmetryRX, LLC
SymmetryRX is a leading provider of eSampling services allowing Pharma Manufacturing companies to access physician practices for the ordering and distribution of drug samples across the US. The Company was acquired in November 2018 from Aptus Health, a wholly-owned subsidiary of Merck. Since then, the company has expanded its robust suite of services that provides pharma manufacturing executives, brand managers, sales managers, product managers, and launch managers the ability to help more patients have greater access to samples, improving medication adherence and healthcare outcomes.
Co-Founder and Managing Director of Scale Finance Gary Hayes has been providing CFO Services to the Company since 2018 and was integral in the acquisition process, facilitated initial financing to support the company with a 7A SBA loan package of $600 thousand and an SBA-backed $300 thousand LOC. Since then, Gary has been actively providing CFO support across financial reporting, budgeting, forecasting, cash planning, and strategic planning.
