Scale Finance LLC announces the hiring of 13 new professionals during the second half of 2012 –
- CFO David Kennedy, CFO David Worrell, Senior Controller Scott Adams, Senior Controller Ron Cousino, Senior Controller Kathy Smith, and Accounting Manager Tom Zenge in Charlotte
- Accounting Managers Len Morton, Nick Nemeth, Corey Waters and Rebecca Fouts in the Triangle
- Accounting Manager Melissa Varner in the Triad
- CFO Holt Westbrook to develop the firm’s practice in Tennessee.
- CFO Rick Schell in South Florida as well as Wilmington.
“As the Obama economy slouches along, many small companies need hands-on, “embedded” financial management support at affordable cost. After 7 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.”
2012 also included successfully closed major growth capital and M&A transactions for several SF clients:
- 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
- The Education Center, Inc. – national educational media company serving pre-school and elementary school teachers with both print and digital products
- The Coupon Doc, Inc. – innovative internet based source for healthcare coupons and discounts for consumers
- Yodil, Inc. – SaaS provider of business intelligence, data analytics, operational reporting to the insurance industry
- AtoZ Companies, Inc. – Multi-niche online shopping comparison engine leveraging advanced analytics.
Scale Finance added more than 80 new clients in 2012. Our firm focuses on entrepreneurial companies with high growth potential, and example new clients include CTL Packaging, Digitome, Alpha Waste Industries, PReP International, Ravenswood Studios, Elite Roofing, Total ProtectionS, Metro Greenscape, Rival Health, Apex Global Medical, Zon Logic, Tribble Creative, SMT, USIPcom, Now Hear This, On Pulse, Sparians, Burleson Research, Magnus Health, O2 Fitness, Percona, LCMS+, Oncoscope, Bodylase Spa 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 30 professionals serving more than 125 companies throughout the region.
