Scale Finance Growth Accelerates

Scale Finance LLC announces the hiring of several senior professionals as the firm’s client base totals 60 small companies in the Carolinas. “These tough times ironically help our growth,” says SF Managing Director, Dave Gilroy. “The recovery is starting to take hold clearly, yet companies are managing risk by choosing flexible, low-cost, contract professional resources instead of hiring full-time senior personnel. And our niche – senior finance and accounting personnel is an area of “overhead” where full-time makes even less sense to entrepreneurs and small company owners. January was our best month in four years.”

Additions to the Scale Finance team in recent months have included CFOs Mike Florio (Triangle) and Richard Wood (Charlotte), Controller Meena Daya (Charlotte), and Accounting Managers Kim Bratton (Charlotte), John Rista (Charlotte), and Eric Johns (Triangle). Mike Florio’s deep experience base is a good example of the veteran support provided by SF personnel:

  • Global Head of Finance, Family Health International, Inc. – global provider of public health services
  • Chief Financial Officer & COO, All Kinds of Minds – national non-profit provider of specialized education services for children challenged with learning issues. Co-founded by Charles Schwab
  • Chief Financial Officer & COO, J. Peterman Company – national retailer of specialty men’s and women’s clothing
  • Chief Financial Officer & COO, The Body Shop, Inc. – global specialty retailer of hair and skin products
  • Chief Financial Officer & COO, Custom Baking Services (division of Keebler Co) – manufacturer of niche snacks and baked goods
  • Director, Corporate Development, RJR Nabisco – global consumer goods manufacturer and marketer
  • MBA, International Finance, St. John’s University; BA, Economics, Hofstra University; FENG Member

Mike’s focus is on growing SF’s business in central NC. Triad-based Managing Director Gerhard Renner comments, “We also want to welcome several new clients to the firm including iQual, Navigator Group,, Historical News Journal, Pro Pad, AmeriTrust, Ovation Wireless, and Vital Trax in Charlotte and Beckett Media, American Research Institute, Interactive Holdings, MoveableCode, Bioptigen, MedStaff, TigerSwan, Herndon Construction, Wright Group, Investors Management Corp, Isha Homes, and Wintergreen Hospitality in the Triangle and Triad.”

About Scale Finance
Scale Finance LLC (scalefinance.local) provides professional CFO services, Controller solutions, and support in raising capital, or executing other transactions, to growth companies. The firm specializes in costeffective financial reporting, budgeting and forecasting, implementing controls, other financial management, etc, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are fast-growing technology, healthcare, business services, consumer, and industrial companies that are at various stages of development from start-up to tens of millions in annual revenue. Scale Finance LLC has offices in Raleigh/Durham, Charlotte, and Winston-Salem, a team of more than 20 professionals, and serves more than 50 companies throughout the region.