Scale Finance Expands in Raleigh & Wilmington

Scale Finance LLC announces the hiring of three new senior professionals and the firm’s expansion to Wilmington, NC. David Fouts and Tanya Freeman have joined SF’s Triangle practice and Steve Rizzo is based in Wilmington. “These veteran additions reflect our ongoing steady growth,” said Gary Hayes, Managing Director. “We served exactly 94 companies last year and are on a pace to serve well over one-hundred in 2011. Our focus remains serving entrepreneurial companies with extraordinarily compelling finance and accounting solutions – great professionals, flexibly deployed as needed, unbeatable cost.”

David Fouts is a 5-time CFO, having headed up finance previously for Tomkins Associates, Harmony Timberworks, Hope Valley Country Club, VIFP, and Tipper Tie, Inc. Tanya Freeman was previously CFO at Santosha Service Corporation, Finance Manager at Duke University Hospital, and had previously managed audits for Deloitte & Touche. Both David and Tanya are CPAs.

Pioneering SF’s local presence in Wilmington is Steve Rizzo. Steve brings a strong life sciences finance background having served as VP & Treasurer of Osmotica Pharmaceutical Corp, CFO of Endeavor Pharmaceuticals, and Controller/VP of aaiPharma, Inc.

About Scale Finance

Scale Finance LLC (scalefinance.local) provides professional 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 and forecasting, implementing controls, complex modeling, 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 in Raleigh/Durham and Charlotte, NC, a team of more than 25 professionals, and serves more than 75 companies throughout the region.