(Washington D.C./ Annapolis) CFO & Director 410.864.8368 cpaladino@scalefinance.com CFO & Founder, TSA Consulting (formerly People Source LLC) – finance/accounting executive search and management consulting services firm CFO & VP of Business Development, Encompass Global Technologies – $175M subsidiary of $4B telecom and internet company VP of Finance & Controller, Philips Publishing – $300 million direct […]
Scale Finance offers uniquely cost-effective advisory support for mergers and acquisitions (M&A) including company or division sales, recapitalizations, valuation or fairness opinions, and support in executing acquisitions for growth companies. Importantly, Scale Finance professional’s experience spans all angles of M&A transactions: Corporate/Strategic Buyer Investment Banker/Advisor Chief Financial Officer Owner/Seller Transaction Attorney Scale Finance drives professional,
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F-Origin Inc., a highly innovative provider of force based touch screen solutions for medium and large screen sizes based on its zTouch™ technology recently closed on its first tranche of its Series D-2 financing of $700,000. Total amount to be raised is expected to be $1,700,000 with the new funding being raised from existing investors.
SF Client F-Origin Closes Follow-on Financing Read More »
CFO & Director 202.232.0275 (o) 301.461.1421 (c) munsat@scalefinance.com CFO & Director,Scale Finance LLC – – Leading provider of fractional based CFO and Controller services in the southeast. August, 2014. Chief Financial Officer, Wellness Corporate Solutions, LLC Revitalized a corporate wellness company in support of a doubling of revenue and positioning for future opportunities. Raised capital to
Arbor Pharmaceuticals Completes $34.8 Million Financing Atlanta, GA – Arbor Pharmaceuticals, a specialty pharmaceutical company based in Atlanta, GA, announced the completion of a $34.8 million financing. This financing included a $17.5 million investment in the form of Series B Preferred Stock led by Signet Healthcare Partners, LLC. The remainder of the financing was in
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Scale Finance LLC announces the hiring of three new senior professionals – Henry Silver and Michael Tolliver in Raleigh/Durham and Roger Portaro in Charlotte. “Our platform provides a unique opportunity for veteran CFOs, currently serving clients independently, to expand their practices and strengthen their impact in serving clients,” said David Gilroy, Managing Director & Co-Founder.
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Bayer to strengthen companion animal portfolio Bayer acquires innovative technology in Animal Health from Piedmont Pharmaceuticals Chewable application technology for a broad range of indications Monheim, Germany/Greensboro, NC, USA, November 15, 2010 – Bayer today announced the acquisition of the innovative chewable application technology from Piedmont Pharmaceuticals (Greensboro, NC). In addition Bayer will get access
Former SF Client Piedmont Pharmaceuticals Partners with Bayer on Animal Health Read More »
Clik Here…. SF- Sponsored Internet Summit Draws Record Crowds
SF- Sponsored Internet Summit Draws Record Crowds Read More »
Scale Finance LLC announces the hiring of two new professionals – Alex Crenshaw in Charlotte and Kim Chambers in Raleigh. “We’re grinding – now serving over 75 active clients,” said David Gilroy, Managing Director & Co-Founder. “We are seeing increasing referrals from commercial banks and business brokers with small company clients in need of costeffective,
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(Charlotte, NC) Fuzion Investment Capital, the parent company of ZX Fitness, announced it has added a new equity partner Allstate Financial Group. Allstate has invested into ZX Fitness to ensure the continued growth of the fitness centers. ZX Fitness has also named Ron Poliseno the new president of the company to oversee the day-to-day operational
SF Client ZX Fitness Closes Equity Investment 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.
