Closed M&A Transactions

Closed M&A Transactions

Insights

Latest Articles

Horsepower Site Services LLC

Acquisition and recapitalization by MCG Civil. Regional provider of specialty site construction services, including grading, paving, underground utilities, sewer, erosion control, etc.

Cayden Security

Company sale to SCE Group. National provider of cyber security, IT risk management, and compliance solutions; portfolio company of Fulcrum Equity Partners.

The Education Center, LLC.

Company sale to Infobase Holdings, Inc. Leading national provider of supplemental educational content and productivity tools for pre-K and elementary school teachers.

Valworx, Inc.

Acquisition by private individual investors/operators. E-commerce-based value-added assembly and distribution of actuator valves and controls for industrial and infrastructure applications.

Oneliance Group LLC

Acquisition by a private family office. Leading regional provider of construction site cleaning, staffing, and maintenance services.

Family Care Partners, LLC

Acquisition of Eastern NC Medical Group. Fast-growing regional provider of primary care and ancillary patient diagnostic services in the Carolinas.

Yodil, LLC.

Sale of equity to Duck Creek Technologies, Inc., backed by Apax Partners. Fast-growing provider of enterprise data management SaaS for commercial insurance companies.

Meridian-IQ, Inc.

Company sale to Discovery Data, Inc., in conjunction with private equity financing with Bregal Sagemount. National provider of proprietary data services and software applications to the financial services industry.

AdComm, Inc.

Acquisition of MediaWorks LLC. Global provider of outsourced installation services for brands in the home services industry.

Colonial Family Practice, LLC

Growth recapitalization with Varsity Healthcare Partners. Innovative primary care, diagnostics, and pharmacy services provider across ten locations with 300 employees.

Trident Capital, LLC

Acquisition of Lake Oconee Resorts, Inc. National provider of recreational vehicle (RV) membership services.

BuyCalls

Company sale to CLEARLINK. High-growth national marketing services company specializing in affiliate and digital marketing for national brands such as DIRECTTV, ADT Home Security, etc.

Cruiser Customizing, Inc.

Company sale to Competition Accessories LLC. Leading e-commerce providers of motorcycle gear and “bolt-on” accessories

MadVapes, LLC.

Recapitalization, growth equity investment, and merger with Electra Vapor, Inc. Leading e-commerce provider and multi-regional retailer with 50+ store locations focusing on vaping products and supplies.

T1V, Inc.

Acquisition of Cenique Infotainment Group, Inc. Leading provider of consumer-friendly digital signage solutions, Android-based media players, and cloud-based audience measurement analytics.

Competition Accessories, Inc.

Merger with Cheap Cycle Parts.com. Leading e-commerce providers of motorcycle gear and accessories.

OrgSpan, Inc.

Sale of company assets to Interactive Intelligence Group, Inc. (Nasdaq: ININ). Innovative provider of cloud-based enterprise social communications software.

Integrative Therapy Concepts, Inc.

Sale of company assets to Pediatric Advanced Therapy. Regional pediatric occupational therapy services provider with two clinics.

SpydrSafe Mobile Security, Inc.

Undisclosed and highly confidential acquisition of SpydrSafe’s assets and team.

Travel Resorts of America

Acquisition of Bass Lakes Resorts in New York. Multi-regional provider of the highest quality RV membership resorts across the eastern US.

The Education Center, Inc.

Company sale to Park Street LLC. National publisher of supplemental educational materials for elementary school teachers (Ch. 11, Section 363 process).

Acken Signs, Inc.

Company sale to MC Sign Company. National manufacturer and installation services provider of commercial signs.

GeoDigital International, Inc.

Acquisition of Airborne 1 Corporation to create a world leader in imaging technology for engineering surveys and right-of-way corridor mapping for the electric utility, pipeline, telecom, and transportation infrastructure industries.

Peak Fitness, Inc.

Company sale of assets to Fuzion Investment Capital. Regional chain of consumer fitness facilities (Ch. 11, Section 363 process).

Innovative Solar Solutions

Acquisition of Conergy’s Solar Water Pumping Division. Manufacturing and marketing of solar water pumps and power panels for developing countries and other off-grid applications

Fullscope, Inc.

Company sale to Edgewater Technology, Inc. (NASDAQ: EDGW). National provider of specialty IT services and technology management consulting.*

Meridian Kiosks, LLC

Acquisition of King Products & Solutions, Inc. Design, fabrication, assembly, and integration of self-service kiosks.

Quaero Corporation

Company sale to CSGS Systems International, Inc. Analytical marketing services, including data warehousing and hosted solutions.

Network Communications Technology, Inc.

Company sale to Black Box Network Services, Inc. Advanced network infrastructure and communications solutions.

SonaCare Medical, Inc.

Acquisition of Focus Surgery, Inc., developer/manufacturer of high-intensity focused ultrasound devices for minimally invasive treatment of prostate cancer.

ProductiveGap, Inc.

Company sale to Tribridge, Inc. National information technology services and solutions.

nVentive Software Solutions, Inc.

Company sale to Blue Sky Factory, Inc. E-mail marketing software and solutions.

Dormir, Inc.

Control change recapitalization with CHL Medical, Noro-Moseley Partners, and Excel Medical Partners.

First Warranty Group

Company sale to Interstate National Dealer Services, Inc. (Golden Gate Capital portfolio company).

*David Gilroy provided advisory support throughout sale process as Fullscope investor and Board liaison.

Closed M&A Transactions (Prior Experience)

InterCerve, Inc.

Managed hosting services, IT staffing, and software development company (sale of hosting division to Peak10; collaboration with NWC).

Orion International, Inc.

Human capital solutions and services company (company sale/recapitalization to Centre Partners).**

Emtec, Inc.

Merger of a publicly-traded value-added distributor with DARR Westwood (private).**

Meta Security Group, Inc.

Network security software and services company (company sale to Scalable Software).*

Pulsar Technologies, Inc.

Fiber optics device manufacturer (company sale to AMETEK Power Instruments).**

UpSNAP, Inc. (UPSN)

Publicly-traded wireless software and services company (reverse merger into the public shell).

NewHomes.com, Inc.

Internet-based residential real estate marketing company (company sale/recapitalization with Alta Communications).**

International Carolina Glass, Inc.

Specialty glass manufacturer (company acquisition by CRH Oldcastle).**

Transcontinental Title, Inc.

Outsourced title servicing company (company sale to First American Title Insurance Company).**

Free State Glass, Inc.

Specialty glass fabrication and distribution company (company acquisition by CRH Oldcastle).**

*Reflects Mr. Gilroy’s experience as Partner in fund three of Venture Capital firm Wakefield Group LLC.

**Reflects Mr. Gilroy’s experience as Managing Director, Hyde Park Capital and Vice President, Acquisitions, CRH Oldcastle Glass Group.

Our Clients

Testimonial

Kabook
Bram Hall CEO, Kabook, LLC

We appreciate the role that Scale Finance has played in launching and building our company. The Scale Finance team has been exceptional – tight reporting, always timely, and extraordinarily efficient with your time. And 80% of the time I have the opposite reaction to professional services providers and time requirements. Thank you!

Health
Dr. Michael Rosenberg Founder & CEO, Health Decisions, Inc.

We have leveraged Scale Finance’s flexible, low cost, but highly responsive and professional support on three separate projects over the years. Unbeatable corporate finance support in the realm of part-time Controller, analytical projects, and specialized transactional advisory work. SF has served us well as a trusted finance partner as we’ve continued to grow our company rapidly.

Quaero
Naras Eechambadi CEO Quaero

Scale Finance helped us navigate through a sensitive, challenging, and very strategic transaction process to achieve a terrific end result for Quaero. They helped us manage complex, delicate issues at critical moments in the process. We’re thrilled with the value they added especially given the reasonable fees of their unique model.

Direct
David M. Moore President & CEO

Scale Finance provided quick, on-site support during a sensitive time for our Company. We really appreciated their huge impact in managing an in-depth and comprehensive financial due diligence process linked to a strategic transaction for our business. Their cost-effective problem-solving and savvy transactional advice was key to getting our deal done during tough economic conditions. It could not have been done without the Scale team.

Dormir
Tim Miller CEO, Dormir LLC

We needed equity capital to support our extremely fast growth. Scale Finance’s Dave Gilroy provided essential support in managing our growth capital raise during challenging times in the financial markets. Without Scale Finance, this would not have happened. On the basis of a bullet-proof balance sheet, we are now building out our unique model as a national leader in the sleep industry. I’m happy to be a reference for Scale Finance as there are not enough good things I can say about you and your company.

Kid Basix
Bret Plate and Susan Soja CEO and COO, Kid Basix, Inc

Raising funds in any economic climate is extremely challenging; as a young company in the retail space, we knew this would not be easy”. “We closed our first round of financing within 30 days of launch, and completed this one in a similar time frame. That’s not only a tribute to our strong shareholder base, but to having all aspects of the process managed by a highly experienced team. Scale Finance’s model of providing fractional CFO services, as well as transactional support, provides the complete solution for growing companies which need both financial expertise and financing to expand the business. We are now well-positioned for bringing our new products to market.

PrepChamps
Dean Bundschu CEO and Co-Founder, PrepChamps

Scale Finance’s Gary Hayes, fully integrated into our team as our part-time CFO. It was “part-time” in name only, because Gary was truly one of us. Few organizations provide the type of service and commitment that Scale Finance can provide!”The work that Gary Hayes and David Gilroy did for PrepChamps was simply amazing! Few people are as connected in venture capital as David and his team. As any entrepreneur knows, fund-raising is extremely challenging. David and his team helped us close our $1.8 million Series A round, they introduced us to well over 50 relevant VCs across the country, and we presented to 25+ VCs while we strived to raise a $5 million Series B. If you need a true partner to help you get to the next level, the Scale Finance team is the answer.

Advanced Detection Technology
Dale Hiatt CEO, Advanced Detection Technology

Scale Finance and Dave Gilroy provided solid financial management support for more than a year during a critical time for our Company. He was particularly helpful in canvassing the venture investment community in a creative, systematic, and well-managed way to ensure that our Company received the growth financing we needed. The proof was ultimately in a highly successful outcome—a closed deal for 7-figures in new cash equity financing from a great partner/investor who will add a lot of value to what we’re building.

F-Origin
Joe Carsanaro CEO, F-Origin

Gary Hayes has been providing F-Origin part time CFO services since April, 2007. Gary has been very effective in getting the books of the company in a position to go through an extensive review by our outside auditors with minimal changes. In addition they have been very useful in establishing a monthly reporting package for the Board, develop and update our budget and establish basic operating procedures for an early stage company. Over the past 6 months we have been actively engaged in seeking a Series C round of financing and recently successfully closed $5M in new funding. Dave Gilroy played a significant role in support of the transaction to include due diligence analysis support, term sheet analysis, and advice on valuation. Gary and Dave continue to handle the financial management role as it relates to the Board, investors and our external banking partner.

Sunbelt
Dan Janick President, Sunbelt Packaging

We considered the full range of options. We needed to tighten up our monthly closing process, fully leverage our accounting systems and document our processes and procedures. The professionals now at Scale Finance clearly provided the best combination of hands-on expertise, affordability and variable cost flexibility. Ken Wright, a Scale Finance Senior Controller, blended seamlessly into our culture and delivered on his commitment.

Arrendale Associates
Del Arrendale CEO, Arrendale Associates

Scale Finance professionals have had an extraordinary impact on our business in a very short time. We are a growing healthcare software company, and faced a mission-critical need last year to scale our financial capabilities as the company’s growth accelerates. Without a doubt, the effectiveness and economics of shared-resource, fractional-use Senior Controller support was the right answer for our company. We have better, more strategic financial leadership than we would require, or could afford, on a full-time basis, and the impact has been terrific. Essentially, key financial management activities are far better handled by Scale Finance professionals than we were able to manage internally, and at lower cost. This has allowed us to focus on new customer acquisition and support—so critical during the period of growth as were are experiencing right now.

Actium Advisors
Mark McDowell Managing Partner of Actium Advisors, LLC

We are invested a number of fast growing businesses in wireless communications and need reliable and cost-effective accounting support. Flexibility is also key as our requirements are on-demand, distributed geographically, and need to dial up or dial down as situations at various companies develop. Time is our most valuable resource, and Scale Finance adds real value through a convenient single-stop solution. We have found their professional resources to be high impact and well-suited at very reasonable cost.

Expression Analysis
Steve McPhail President & CEO, Expression Analysis, Inc.

Scale Finance has provided Expression Analysis with solid Controller support since the end of 2007. They have been very effective in getting the company through a formal outside audit, organizing financial infrastructure to scale our business, and getting our monthly reporting package including a forecast update for our board done on a timely and accurate basis. Over the past several months Gary and Bonnie have been supporting our migration to a more sophisticated accounting system. In addition they have provided very effective training of our internal staff to allow them to assume a greater role in the overall accounting function.

Relevance
Stu Halloway CEO and Justin Gehtland, President

We have been using the part-time CFO Services of Gary Hayes since February 2007. Gary has been instrumental in facilitating our growth from a two-person company to one with eleven employees in just 15 months. Gary has developed and implemented a budgeting and forecasting methodology as well as a tool-set for managing the company’s finances on a monthly basis. The tool-set provides us an up-to-date assessment of our current and expected full year results which has helped us identify risks, effectively manage cash, and maximize the company’s tax position on an ongoing basis. Gary’s services and tool-set helped us through a seamless transition to a new banking partner, which has been critical to the company by providing new growth capital when needed.

Hyde Park Capital
John M. McDonald III Senior M.D, Hyde Park Capital Partners

The market opportunity to serve small, but high growth companies in a tailored way that works economically on both sides is one that few firms are currently addressing. Scale Finance offers a unique blend of corporate finance services for these companies that will fit closely with client needs in the segment. Dave Gilroy has shown real passion and a high level of skills and experience in serving young growth companies over the last several years, and we wish Scale Finance all the success in the world.

Hissho Sushi
Philip Maung CEO, Hissho Sushi & Lwin Family Company

We have been leveraging Ken Wright and Dave Gilroy for over two years and have deployed their cost-effective support in multiple areas including intense Controller-level projects and strategic/transactional advisory. Their support has been essential in positioning Hissho for rapid growth and helping us to scale our infrastructure—accounting systems, people, monthly closing process. We have also been impressed by their “hands-on” impact in other critical areas, e.g. support in considering growth capital options. Hissho is now moving to a whole new level of size and profitability, and professionals at Scale Finance have become a key partner in our success.

CompanionCabinet
Chris Mele CEO, Companion Cabinet Software, LLC

As a fast-growing software firm, we have important requirements around professional financial management, reporting, forecasting, and cash management. We also must be cost conscious as we continue to invest in product technology and sales & marketing infrastructure to scale the business. We knew we needed a strong CFO-type but we couldn’t afford to hire someone of that caliber full time. Scale Finance provided us with an super experienced and operationally savvy CFO who ramped up incredibly quickly. Today, I don’t worry anymore about financial reporting, cash management and forecasting because it’s all done for me—all for cheaper than a typical bookkeeper. We use our CFO only as we need him. And as our company’s needs grow, I can count on Scale Finance to scale with my business. As business owners, we all want to do it ourselves so we feel more in control. The problem is, that philosophy robs us of time we should be spending on other areas of the business which will more likely determine success or failure.

The Murphy Group
Dale Tweedy Board Director, The Murphy Group

As a closely-held, extremely private company, we leverage outside professional resources only very selectively. Our fast growth in recent years has required us to step-up the level of internal systems, infrastructure, and skills in key areas of finance and accounting. Dave Gilroy and Matt Ocenas provided a compelling, cost-effective solution to impact and improve these critical areas of our company decisively. In addition, senior Scale Finance professionals have provided highly useful strategic and operational planning advice and support in a challenging, thought-provoking, but also non-threatening way.

Testimonial

Kabook
Bram Hall CEO, Kabook, LLC

We appreciate the role that Scale Finance has played in launching and building our company. The Scale Finance team has been exceptional – tight reporting, always timely, and extraordinarily efficient with your time. And 80% of the time I have the opposite reaction to professional services providers and time requirements. Thank you!

Health
Dr. Michael Rosenberg Founder & CEO, Health Decisions, Inc.

We have leveraged Scale Finance’s flexible, low cost, but highly responsive and professional support on three separate projects over the years. Unbeatable corporate finance support in the realm of part-time Controller, analytical projects, and specialized transactional advisory work. SF has served us well as a trusted finance partner as we’ve continued to grow our company rapidly.

Quaero
Naras Eechambadi CEO Quaero

Scale Finance helped us navigate through a sensitive, challenging, and very strategic transaction process to achieve a terrific end result for Quaero. They helped us manage complex, delicate issues at critical moments in the process. We’re thrilled with the value they added especially given the reasonable fees of their unique model.

Direct
David M. Moore President & CEO

Scale Finance provided quick, on-site support during a sensitive time for our Company. We really appreciated their huge impact in managing an in-depth and comprehensive financial due diligence process linked to a strategic transaction for our business. Their cost-effective problem-solving and savvy transactional advice was key to getting our deal done during tough economic conditions. It could not have been done without the Scale team.

Dormir
Tim Miller CEO, Dormir LLC

We needed equity capital to support our extremely fast growth. Scale Finance’s Dave Gilroy provided essential support in managing our growth capital raise during challenging times in the financial markets. Without Scale Finance, this would not have happened. On the basis of a bullet-proof balance sheet, we are now building out our unique model as a national leader in the sleep industry. I’m happy to be a reference for Scale Finance as there are not enough good things I can say about you and your company.

Kid Basix
Bret Plate and Susan Soja CEO and COO, Kid Basix, Inc

Raising funds in any economic climate is extremely challenging; as a young company in the retail space, we knew this would not be easy”. “We closed our first round of financing within 30 days of launch, and completed this one in a similar time frame. That’s not only a tribute to our strong shareholder base, but to having all aspects of the process managed by a highly experienced team. Scale Finance’s model of providing fractional CFO services, as well as transactional support, provides the complete solution for growing companies which need both financial expertise and financing to expand the business. We are now well-positioned for bringing our new products to market.

PrepChamps
Dean Bundschu CEO and Co-Founder, PrepChamps

Scale Finance’s Gary Hayes, fully integrated into our team as our part-time CFO. It was “part-time” in name only, because Gary was truly one of us. Few organizations provide the type of service and commitment that Scale Finance can provide!”The work that Gary Hayes and David Gilroy did for PrepChamps was simply amazing! Few people are as connected in venture capital as David and his team. As any entrepreneur knows, fund-raising is extremely challenging. David and his team helped us close our $1.8 million Series A round, they introduced us to well over 50 relevant VCs across the country, and we presented to 25+ VCs while we strived to raise a $5 million Series B. If you need a true partner to help you get to the next level, the Scale Finance team is the answer.

Advanced Detection Technology
Dale Hiatt CEO, Advanced Detection Technology

Scale Finance and Dave Gilroy provided solid financial management support for more than a year during a critical time for our Company. He was particularly helpful in canvassing the venture investment community in a creative, systematic, and well-managed way to ensure that our Company received the growth financing we needed. The proof was ultimately in a highly successful outcome—a closed deal for 7-figures in new cash equity financing from a great partner/investor who will add a lot of value to what we’re building.

F-Origin
Joe Carsanaro CEO, F-Origin

Gary Hayes has been providing F-Origin part time CFO services since April, 2007. Gary has been very effective in getting the books of the company in a position to go through an extensive review by our outside auditors with minimal changes. In addition they have been very useful in establishing a monthly reporting package for the Board, develop and update our budget and establish basic operating procedures for an early stage company. Over the past 6 months we have been actively engaged in seeking a Series C round of financing and recently successfully closed $5M in new funding. Dave Gilroy played a significant role in support of the transaction to include due diligence analysis support, term sheet analysis, and advice on valuation. Gary and Dave continue to handle the financial management role as it relates to the Board, investors and our external banking partner.

Sunbelt
Dan Janick President, Sunbelt Packaging

We considered the full range of options. We needed to tighten up our monthly closing process, fully leverage our accounting systems and document our processes and procedures. The professionals now at Scale Finance clearly provided the best combination of hands-on expertise, affordability and variable cost flexibility. Ken Wright, a Scale Finance Senior Controller, blended seamlessly into our culture and delivered on his commitment.

Arrendale Associates
Del Arrendale CEO, Arrendale Associates

Scale Finance professionals have had an extraordinary impact on our business in a very short time. We are a growing healthcare software company, and faced a mission-critical need last year to scale our financial capabilities as the company’s growth accelerates. Without a doubt, the effectiveness and economics of shared-resource, fractional-use Senior Controller support was the right answer for our company. We have better, more strategic financial leadership than we would require, or could afford, on a full-time basis, and the impact has been terrific. Essentially, key financial management activities are far better handled by Scale Finance professionals than we were able to manage internally, and at lower cost. This has allowed us to focus on new customer acquisition and support—so critical during the period of growth as were are experiencing right now.

Actium Advisors
Mark McDowell Managing Partner of Actium Advisors, LLC

We are invested a number of fast growing businesses in wireless communications and need reliable and cost-effective accounting support. Flexibility is also key as our requirements are on-demand, distributed geographically, and need to dial up or dial down as situations at various companies develop. Time is our most valuable resource, and Scale Finance adds real value through a convenient single-stop solution. We have found their professional resources to be high impact and well-suited at very reasonable cost.

Expression Analysis
Steve McPhail President & CEO, Expression Analysis, Inc.

Scale Finance has provided Expression Analysis with solid Controller support since the end of 2007. They have been very effective in getting the company through a formal outside audit, organizing financial infrastructure to scale our business, and getting our monthly reporting package including a forecast update for our board done on a timely and accurate basis. Over the past several months Gary and Bonnie have been supporting our migration to a more sophisticated accounting system. In addition they have provided very effective training of our internal staff to allow them to assume a greater role in the overall accounting function.

Relevance
Stu Halloway CEO and Justin Gehtland, President

We have been using the part-time CFO Services of Gary Hayes since February 2007. Gary has been instrumental in facilitating our growth from a two-person company to one with eleven employees in just 15 months. Gary has developed and implemented a budgeting and forecasting methodology as well as a tool-set for managing the company’s finances on a monthly basis. The tool-set provides us an up-to-date assessment of our current and expected full year results which has helped us identify risks, effectively manage cash, and maximize the company’s tax position on an ongoing basis. Gary’s services and tool-set helped us through a seamless transition to a new banking partner, which has been critical to the company by providing new growth capital when needed.

Hyde Park Capital
John M. McDonald III Senior M.D, Hyde Park Capital Partners

The market opportunity to serve small, but high growth companies in a tailored way that works economically on both sides is one that few firms are currently addressing. Scale Finance offers a unique blend of corporate finance services for these companies that will fit closely with client needs in the segment. Dave Gilroy has shown real passion and a high level of skills and experience in serving young growth companies over the last several years, and we wish Scale Finance all the success in the world.

Hissho Sushi
Philip Maung CEO, Hissho Sushi & Lwin Family Company

We have been leveraging Ken Wright and Dave Gilroy for over two years and have deployed their cost-effective support in multiple areas including intense Controller-level projects and strategic/transactional advisory. Their support has been essential in positioning Hissho for rapid growth and helping us to scale our infrastructure—accounting systems, people, monthly closing process. We have also been impressed by their “hands-on” impact in other critical areas, e.g. support in considering growth capital options. Hissho is now moving to a whole new level of size and profitability, and professionals at Scale Finance have become a key partner in our success.

CompanionCabinet
Chris Mele CEO, Companion Cabinet Software, LLC

As a fast-growing software firm with strong advisory support from our angel investors, we have important requirements around professional financial management, reporting, forecasting, and cash management. These objectives are balanced by the need to be extremely cost conscious as we continue to invest in product technology and sales & marketing infrastructure to scale the business. We knew we needed a strong CFO-type but we couldn’t afford to hire someone of that caliber full time. Scale Finance provided us with an extremely experienced and operationally savvy Chief Financial Officer who ramped up incredibly quickly. Today, I don’t worry anymore about financial reporting, cash management and forecasting because it’s all done for me—all for cheaper than a typical bookkeeper. We use our CFO only as we need him, and I get to look at reports about the performance of our company on a weekly basis. And as our company’s needs grow, I can count on Scale Finance to scale with my business. As business owners, we all want to do it ourselves so we feel more in control. The problem is, that philosophy robs us of time we should be spending on other areas of the business which need it the most. If you are doing your own company’s financials, or worse yet – not doing them, ask yourself what that time could better be spent on. For us, it was better spent on growing the business by concentrating on sales and marketing instead of putting together late night Excel spreadsheets.

The Murphy Group
Dale Tweedy Board Director, The Murphy Group

As a closely-held, extremely private company, we leverage outside professional resources only very selectively. Our fast growth in recent years has required us to step-up the level of internal systems, infrastructure, and skills in key areas of finance and accounting. Dave Gilroy and Matt Ocenas provided a compelling, cost-effective solution to impact and improve these critical areas of our company decisively. In addition, senior Scale Finance professionals have provided highly useful strategic and operational planning advice and support in a challenging, thought-provoking, but also non-threatening way.

Professional Consultation

We welcome the opportunity to provide our initial insight on any situation with complete confidentiality and discretion at no cost.

We welcome the opportunity to provide our best professional perspective on any situation with complete confidentiality and discretion at no cost.

Get in Touch

Scale Finance can steer your business toward success with cost-effective finance and accounting processes and reporting, business valuations, and corporate transactions (raising capital, M&A).

We welcome the opportunity to provide our initial insight on any situation with complete confidentiality and discretion at no cost.

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Our Clients

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Case Studies

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Testimonial

Kabook
Bram Hall CEO, Kabook, LLC

We appreciate the role that Scale Finance has played in launching and building our company. The Scale Finance team has been exceptional – tight reporting, always timely, and extraordinarily efficient with your time. And 80% of the time I have the opposite reaction to professional services providers and time requirements. Thank you!

Health
Dr. Michael Rosenberg Founder & CEO, Health Decisions, Inc.

We have leveraged Scale Finance’s flexible, low cost, but highly responsive and professional support on three separate projects over the years. Unbeatable corporate finance support in the realm of part-time Controller, analytical projects, and specialized transactional advisory work. SF has served us well as a trusted finance partner as we’ve continued to grow our company rapidly.

Quaero
Naras Eechambadi CEO Quaero

Scale Finance helped us navigate through a sensitive, challenging, and very strategic transaction process to achieve a terrific end result for Quaero. They helped us manage complex, delicate issues at critical moments in the process. We’re thrilled with the value they added especially given the reasonable fees of their unique model.

Direct
David M. Moore President & CEO

Scale Finance provided quick, on-site support during a sensitive time for our Company. We really appreciated their huge impact in managing an in-depth and comprehensive financial due diligence process linked to a strategic transaction for our business. Their cost-effective problem-solving and savvy transactional advice was key to getting our deal done during tough economic conditions. It could not have been done without the Scale team.

Dormir
Tim Miller CEO, Dormir LLC

We needed equity capital to support our extremely fast growth. Scale Finance’s Dave Gilroy provided essential support in managing our growth capital raise during challenging times in the financial markets. Without Scale Finance, this would not have happened. On the basis of a bullet-proof balance sheet, we are now building out our unique model as a national leader in the sleep industry. I’m happy to be a reference for Scale Finance as there are not enough good things I can say about you and your company.

Kid Basix
Bret Plate and Susan Soja CEO and COO, Kid Basix, Inc

Raising funds in any economic climate is extremely challenging; as a young company in the retail space, we knew this would not be easy”. “We closed our first round of financing within 30 days of launch, and completed this one in a similar time frame. That’s not only a tribute to our strong shareholder base, but to having all aspects of the process managed by a highly experienced team. Scale Finance’s model of providing fractional CFO services, as well as transactional support, provides the complete solution for growing companies which need both financial expertise and financing to expand the business. We are now well-positioned for bringing our new products to market.

PrepChamps
Dean Bundschu CEO and Co-Founder, PrepChamps

Scale Finance’s Gary Hayes, fully integrated into our team as our part-time CFO. It was “part-time” in name only, because Gary was truly one of us. Few organizations provide the type of service and commitment that Scale Finance can provide!”The work that Gary Hayes and David Gilroy did for PrepChamps was simply amazing! Few people are as connected in venture capital as David and his team. As any entrepreneur knows, fund-raising is extremely challenging. David and his team helped us close our $1.8 million Series A round, they introduced us to well over 50 relevant VCs across the country, and we presented to 25+ VCs while we strived to raise a $5 million Series B. If you need a true partner to help you get to the next level, the Scale Finance team is the answer.

Advanced Detection Technology
Dale Hiatt CEO, Advanced Detection Technology

Scale Finance and Dave Gilroy provided solid financial management support for more than a year during a critical time for our Company. He was particularly helpful in canvassing the venture investment community in a creative, systematic, and well-managed way to ensure that our Company received the growth financing we needed. The proof was ultimately in a highly successful outcome—a closed deal for 7-figures in new cash equity financing from a great partner/investor who will add a lot of value to what we’re building.

F-Origin
Joe Carsanaro CEO, F-Origin

Gary Hayes has been providing F-Origin part time CFO services since April, 2007. Gary has been very effective in getting the books of the company in a position to go through an extensive review by our outside auditors with minimal changes. In addition they have been very useful in establishing a monthly reporting package for the Board, develop and update our budget and establish basic operating procedures for an early stage company. Over the past 6 months we have been actively engaged in seeking a Series C round of financing and recently successfully closed $5M in new funding. Dave Gilroy played a significant role in support of the transaction to include due diligence analysis support, term sheet analysis, and advice on valuation. Gary and Dave continue to handle the financial management role as it relates to the Board, investors and our external banking partner.

Sunbelt
Dan Janick President, Sunbelt Packaging

We considered the full range of options. We needed to tighten up our monthly closing process, fully leverage our accounting systems and document our processes and procedures. The professionals now at Scale Finance clearly provided the best combination of hands-on expertise, affordability and variable cost flexibility. Ken Wright, a Scale Finance Senior Controller, blended seamlessly into our culture and delivered on his commitment.

Arrendale Associates
Del Arrendale CEO, Arrendale Associates

Scale Finance professionals have had an extraordinary impact on our business in a very short time. We are a growing healthcare software company, and faced a mission-critical need last year to scale our financial capabilities as the company’s growth accelerates. Without a doubt, the effectiveness and economics of shared-resource, fractional-use Senior Controller support was the right answer for our company. We have better, more strategic financial leadership than we would require, or could afford, on a full-time basis, and the impact has been terrific. Essentially, key financial management activities are far better handled by Scale Finance professionals than we were able to manage internally, and at lower cost. This has allowed us to focus on new customer acquisition and support—so critical during the period of growth as were are experiencing right now.

Actium Advisors
Mark McDowell Managing Partner of Actium Advisors, LLC

We are invested a number of fast growing businesses in wireless communications and need reliable and cost-effective accounting support. Flexibility is also key as our requirements are on-demand, distributed geographically, and need to dial up or dial down as situations at various companies develop. Time is our most valuable resource, and Scale Finance adds real value through a convenient single-stop solution. We have found their professional resources to be high impact and well-suited at very reasonable cost.

Expression Analysis
Steve McPhail President & CEO, Expression Analysis, Inc.

Scale Finance has provided Expression Analysis with solid Controller support since the end of 2007. They have been very effective in getting the company through a formal outside audit, organizing financial infrastructure to scale our business, and getting our monthly reporting package including a forecast update for our board done on a timely and accurate basis. Over the past several months Gary and Bonnie have been supporting our migration to a more sophisticated accounting system. In addition they have provided very effective training of our internal staff to allow them to assume a greater role in the overall accounting function.

Relevance
Stu Halloway CEO and Justin Gehtland, President

We have been using the part-time CFO Services of Gary Hayes since February 2007. Gary has been instrumental in facilitating our growth from a two-person company to one with eleven employees in just 15 months. Gary has developed and implemented a budgeting and forecasting methodology as well as a tool-set for managing the company’s finances on a monthly basis. The tool-set provides us an up-to-date assessment of our current and expected full year results which has helped us identify risks, effectively manage cash, and maximize the company’s tax position on an ongoing basis. Gary’s services and tool-set helped us through a seamless transition to a new banking partner, which has been critical to the company by providing new growth capital when needed.

Hyde Park Capital
John M. McDonald III Senior M.D, Hyde Park Capital Partners

The market opportunity to serve small, but high growth companies in a tailored way that works economically on both sides is one that few firms are currently addressing. Scale Finance offers a unique blend of corporate finance services for these companies that will fit closely with client needs in the segment. Dave Gilroy has shown real passion and a high level of skills and experience in serving young growth companies over the last several years, and we wish Scale Finance all the success in the world.

Hissho Sushi
Philip Maung CEO, Hissho Sushi & Lwin Family Company

We have been leveraging Ken Wright and Dave Gilroy for over two years and have deployed their cost-effective support in multiple areas including intense Controller-level projects and strategic/transactional advisory. Their support has been essential in positioning Hissho for rapid growth and helping us to scale our infrastructure—accounting systems, people, monthly closing process. We have also been impressed by their “hands-on” impact in other critical areas, e.g. support in considering growth capital options. Hissho is now moving to a whole new level of size and profitability, and professionals at Scale Finance have become a key partner in our success.

CompanionCabinet
Chris Mele CEO, Companion Cabinet Software, LLC

As a fast-growing software firm, we have important requirements around professional financial management, reporting, forecasting, and cash management. We also must be cost conscious as we continue to invest in product technology and sales & marketing infrastructure to scale the business. We knew we needed a strong CFO-type but we couldn’t afford to hire someone of that caliber full time. Scale Finance provided us with an super experienced and operationally savvy CFO who ramped up incredibly quickly. Today, I don’t worry anymore about financial reporting, cash management and forecasting because it’s all done for me—all for cheaper than a typical bookkeeper. We use our CFO only as we need him. And as our company’s needs grow, I can count on Scale Finance to scale with my business. As business owners, we all want to do it ourselves so we feel more in control. The problem is, that philosophy robs us of time we should be spending on other areas of the business which will more likely determine success or failure.

The Murphy Group
Dale Tweedy Board Director, The Murphy Group

As a closely-held, extremely private company, we leverage outside professional resources only very selectively. Our fast growth in recent years has required us to step-up the level of internal systems, infrastructure, and skills in key areas of finance and accounting. Dave Gilroy and Matt Ocenas provided a compelling, cost-effective solution to impact and improve these critical areas of our company decisively. In addition, senior Scale Finance professionals have provided highly useful strategic and operational planning advice and support in a challenging, thought-provoking, but also non-threatening way.

Testimonial

Kabook
Bram Hall CEO, Kabook, LLC

We appreciate the role that Scale Finance has played in launching and building our company. The Scale Finance team has been exceptional – tight reporting, always timely, and extraordinarily efficient with your time. And 80% of the time I have the opposite reaction to professional services providers and time requirements. Thank you!

Health
Dr. Michael Rosenberg Founder & CEO, Health Decisions, Inc.

We have leveraged Scale Finance’s flexible, low cost, but highly responsive and professional support on three separate projects over the years. Unbeatable corporate finance support in the realm of part-time Controller, analytical projects, and specialized transactional advisory work. SF has served us well as a trusted finance partner as we’ve continued to grow our company rapidly.

Quaero
Naras Eechambadi CEO Quaero

Scale Finance helped us navigate through a sensitive, challenging, and very strategic transaction process to achieve a terrific end result for Quaero. They helped us manage complex, delicate issues at critical moments in the process. We’re thrilled with the value they added especially given the reasonable fees of their unique model.

Direct
David M. Moore President & CEO

Scale Finance provided quick, on-site support during a sensitive time for our Company. We really appreciated their huge impact in managing an in-depth and comprehensive financial due diligence process linked to a strategic transaction for our business. Their cost-effective problem-solving and savvy transactional advice was key to getting our deal done during tough economic conditions. It could not have been done without the Scale team.

Dormir
Tim Miller CEO, Dormir LLC

We needed equity capital to support our extremely fast growth. Scale Finance’s Dave Gilroy provided essential support in managing our growth capital raise during challenging times in the financial markets. Without Scale Finance, this would not have happened. On the basis of a bullet-proof balance sheet, we are now building out our unique model as a national leader in the sleep industry. I’m happy to be a reference for Scale Finance as there are not enough good things I can say about you and your company.

Kid Basix
Bret Plate and Susan Soja CEO and COO, Kid Basix, Inc

Raising funds in any economic climate is extremely challenging; as a young company in the retail space, we knew this would not be easy”. “We closed our first round of financing within 30 days of launch, and completed this one in a similar time frame. That’s not only a tribute to our strong shareholder base, but to having all aspects of the process managed by a highly experienced team. Scale Finance’s model of providing fractional CFO services, as well as transactional support, provides the complete solution for growing companies which need both financial expertise and financing to expand the business. We are now well-positioned for bringing our new products to market.

PrepChamps
Dean Bundschu CEO and Co-Founder, PrepChamps

Scale Finance’s Gary Hayes, fully integrated into our team as our part-time CFO. It was “part-time” in name only, because Gary was truly one of us. Few organizations provide the type of service and commitment that Scale Finance can provide!”The work that Gary Hayes and David Gilroy did for PrepChamps was simply amazing! Few people are as connected in venture capital as David and his team. As any entrepreneur knows, fund-raising is extremely challenging. David and his team helped us close our $1.8 million Series A round, they introduced us to well over 50 relevant VCs across the country, and we presented to 25+ VCs while we strived to raise a $5 million Series B. If you need a true partner to help you get to the next level, the Scale Finance team is the answer.

Advanced Detection Technology
Dale Hiatt CEO, Advanced Detection Technology

Scale Finance and Dave Gilroy provided solid financial management support for more than a year during a critical time for our Company. He was particularly helpful in canvassing the venture investment community in a creative, systematic, and well-managed way to ensure that our Company received the growth financing we needed. The proof was ultimately in a highly successful outcome—a closed deal for 7-figures in new cash equity financing from a great partner/investor who will add a lot of value to what we’re building.

F-Origin
Joe Carsanaro CEO, F-Origin

Gary Hayes has been providing F-Origin part time CFO services since April, 2007. Gary has been very effective in getting the books of the company in a position to go through an extensive review by our outside auditors with minimal changes. In addition they have been very useful in establishing a monthly reporting package for the Board, develop and update our budget and establish basic operating procedures for an early stage company. Over the past 6 months we have been actively engaged in seeking a Series C round of financing and recently successfully closed $5M in new funding. Dave Gilroy played a significant role in support of the transaction to include due diligence analysis support, term sheet analysis, and advice on valuation. Gary and Dave continue to handle the financial management role as it relates to the Board, investors and our external banking partner.

Sunbelt
Dan Janick President, Sunbelt Packaging

We considered the full range of options. We needed to tighten up our monthly closing process, fully leverage our accounting systems and document our processes and procedures. The professionals now at Scale Finance clearly provided the best combination of hands-on expertise, affordability and variable cost flexibility. Ken Wright, a Scale Finance Senior Controller, blended seamlessly into our culture and delivered on his commitment.

Arrendale Associates
Del Arrendale CEO, Arrendale Associates

Scale Finance professionals have had an extraordinary impact on our business in a very short time. We are a growing healthcare software company, and faced a mission-critical need last year to scale our financial capabilities as the company’s growth accelerates. Without a doubt, the effectiveness and economics of shared-resource, fractional-use Senior Controller support was the right answer for our company. We have better, more strategic financial leadership than we would require, or could afford, on a full-time basis, and the impact has been terrific. Essentially, key financial management activities are far better handled by Scale Finance professionals than we were able to manage internally, and at lower cost. This has allowed us to focus on new customer acquisition and support—so critical during the period of growth as were are experiencing right now.

Actium Advisors
Mark McDowell Managing Partner of Actium Advisors, LLC

We are invested a number of fast growing businesses in wireless communications and need reliable and cost-effective accounting support. Flexibility is also key as our requirements are on-demand, distributed geographically, and need to dial up or dial down as situations at various companies develop. Time is our most valuable resource, and Scale Finance adds real value through a convenient single-stop solution. We have found their professional resources to be high impact and well-suited at very reasonable cost.

Expression Analysis
Steve McPhail President & CEO, Expression Analysis, Inc.

Scale Finance has provided Expression Analysis with solid Controller support since the end of 2007. They have been very effective in getting the company through a formal outside audit, organizing financial infrastructure to scale our business, and getting our monthly reporting package including a forecast update for our board done on a timely and accurate basis. Over the past several months Gary and Bonnie have been supporting our migration to a more sophisticated accounting system. In addition they have provided very effective training of our internal staff to allow them to assume a greater role in the overall accounting function.

Relevance
Stu Halloway CEO and Justin Gehtland, President

We have been using the part-time CFO Services of Gary Hayes since February 2007. Gary has been instrumental in facilitating our growth from a two-person company to one with eleven employees in just 15 months. Gary has developed and implemented a budgeting and forecasting methodology as well as a tool-set for managing the company’s finances on a monthly basis. The tool-set provides us an up-to-date assessment of our current and expected full year results which has helped us identify risks, effectively manage cash, and maximize the company’s tax position on an ongoing basis. Gary’s services and tool-set helped us through a seamless transition to a new banking partner, which has been critical to the company by providing new growth capital when needed.

Hyde Park Capital
John M. McDonald III Senior M.D, Hyde Park Capital Partners

The market opportunity to serve small, but high growth companies in a tailored way that works economically on both sides is one that few firms are currently addressing. Scale Finance offers a unique blend of corporate finance services for these companies that will fit closely with client needs in the segment. Dave Gilroy has shown real passion and a high level of skills and experience in serving young growth companies over the last several years, and we wish Scale Finance all the success in the world.

Hissho Sushi
Philip Maung CEO, Hissho Sushi & Lwin Family Company

We have been leveraging Ken Wright and Dave Gilroy for over two years and have deployed their cost-effective support in multiple areas including intense Controller-level projects and strategic/transactional advisory. Their support has been essential in positioning Hissho for rapid growth and helping us to scale our infrastructure—accounting systems, people, monthly closing process. We have also been impressed by their “hands-on” impact in other critical areas, e.g. support in considering growth capital options. Hissho is now moving to a whole new level of size and profitability, and professionals at Scale Finance have become a key partner in our success.

CompanionCabinet
Chris Mele CEO, Companion Cabinet Software, LLC

As a fast-growing software firm with strong advisory support from our angel investors, we have important requirements around professional financial management, reporting, forecasting, and cash management. These objectives are balanced by the need to be extremely cost conscious as we continue to invest in product technology and sales & marketing infrastructure to scale the business. We knew we needed a strong CFO-type but we couldn’t afford to hire someone of that caliber full time. Scale Finance provided us with an extremely experienced and operationally savvy Chief Financial Officer who ramped up incredibly quickly. Today, I don’t worry anymore about financial reporting, cash management and forecasting because it’s all done for me—all for cheaper than a typical bookkeeper. We use our CFO only as we need him, and I get to look at reports about the performance of our company on a weekly basis. And as our company’s needs grow, I can count on Scale Finance to scale with my business. As business owners, we all want to do it ourselves so we feel more in control. The problem is, that philosophy robs us of time we should be spending on other areas of the business which need it the most. If you are doing your own company’s financials, or worse yet – not doing them, ask yourself what that time could better be spent on. For us, it was better spent on growing the business by concentrating on sales and marketing instead of putting together late night Excel spreadsheets.

The Murphy Group
Dale Tweedy Board Director, The Murphy Group

As a closely-held, extremely private company, we leverage outside professional resources only very selectively. Our fast growth in recent years has required us to step-up the level of internal systems, infrastructure, and skills in key areas of finance and accounting. Dave Gilroy and Matt Ocenas provided a compelling, cost-effective solution to impact and improve these critical areas of our company decisively. In addition, senior Scale Finance professionals have provided highly useful strategic and operational planning advice and support in a challenging, thought-provoking, but also non-threatening way.

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