Decorative background image
Home
 » Investment opportunities »Company Profile

ScaleCo

About

ScaleCo is a private equity firm located in Cleveland, Ohio, that acquires controlling interest in transformable, microcap private companies. Over the past 25+ years, ScaleCo has managed three committed funds and invested more than $100 million in 20+ platform companies. We find and work with entrepreneurial operating partners to lead, transform, and scale the company using our operating framework, the TAC Method. 

Videos

Facts & Stats

  • ScaleCo was founded in 2018 by founder and managing partner, Brendan Anderson
  • ScaleCo has two active investments in Fund IV: Innoplast (headquartered in Garfield Heights, Ohio) and PSP Metrics (headquartered in Pittsburgh, Penn.).
  • ScaleCo is an industry generalist investor, with a preference towards training & certification, business & financial services, value-added distribution & manufacturing, technology enabled & software businesses.
  • ScaleCo is a majority interest investor in established, profitable businesses with over $4M in revenues, and initial EBITDA of $1M+.
  • ScaleCo is actively searching for acquisition opportunities “drivable” from Cleveland, with a focus on Ohio, Michigan and Pennsylvania. 
  • ScaleCo uses a scalable search model; a blended model that combines traditional Private Equity sourcing with elements of a Search Fund. We pride ourselves on backing driven individuals, (“ScaleCo’s Operating Partners”) who find and operate companies to transform and scale.
  • Over 25+ years, we have demonstrated success in combining transformational companies with experienced operators. At ScaleCo, we match our partner companies with experienced operating partners who work closely with management to develop a shared vision and growth plan. 

Notable Successes

Over 25+ years, ScaleCo has demonstrated great successes over the course of 3+ funds. In December 2021, ScaleCo sold its platform investment Federos. Federos is a provider of AI-optimized assurance, analytics, and automation solutions that monitor and manage the availability and performance of critical networks and systems. ScaleCo sold the company to Oracle, an American multinational computer technology corporation headquartered in Austin, Texas. Federos provided a great success story of our thesis of engaging ambitious entrepreneurs to ignite growth and transform plateaued businesses. ScaleCo exited its platform investment, Budco Financial, in August of 2022. Headquartered in Detroit, Michigan, Budco is a payment program management company, specializing in comprehensive solutions for the automotive and insurance industries. Budco was sold to Paylink Direct, an industry-leading financial services and transaction processor. As a result of the deal, Brendan Anderson, managing partner of ScaleCo, serves as an observer on Paylink’s Board of Directors and will maintain close relationships with several members of the Michigan-based Budco team. More recently, ScaleCo celebrated a first close of Fund IV on Oct. 14, 2022. The fund is comprised of two platform investments: - PSP Metrics: Acquired December 2020 - Innoplast: Acquired April 2021 - One additional platform expected to close in October 2022 - We aim to close the $100M fund on or before Oct. 14, 2023. ScaleCo has built a deep advisory board with individuals experienced in building large professional service organizations. We view our Advisors as our most trusted partners, relying greatly on ongoing feedback and honest communication as we continue to build and grow the ScaleCo vision. Since 2018, the ScaleCo team has grown from 5-7 employees to support our portfolio. We plan to continue searching for humble, hungry and people-smart individuals to execute on the ScaleCo vision. 

Team

ScaleCo has 7 full-time professionals on our internal team. Brendan Anderson, Founder and Managing Partner, launched ScaleCo in 2018 with the goal of building substantial support resources for portfolio companies.

Brendan Anderson, Founder & Managing Partner

Prior to founding Evolution Capital Partners in 2006, Brendan Anderson started his entrepreneurial journey in 1995 by purchasing and...

Prior to founding Evolution Capital Partners in 2006, Brendan Anderson started his entrepreneurial journey in 1995 by purchasing and operating three companies. Evolution formed three committed funds and purchased 14 platform investments and many additional growth investments. In 2018, Brendan founded ScaleCo with a group of likeminded investors and a mission to structure investments with long-term growth strategies. Brendan has a wide range of experience in various industries, including commercial banking, manufacturing, real estate, and business services. He has served as a CFO, COO, CEO, and VP of Sales. At ScaleCo, he is focused on deal sourcing, investor relations, deal structure, strategy, and vision building.

show moreless

Matt Diamond, Partner, Legal & Michigan Lead

Matt Diamond began his career as an attorney with a Chicago-based law firm advising entrepreneurs on entity formation, investment...

Matt Diamond began his career as an attorney with a Chicago-based law firm advising entrepreneurs on entity formation, investment structuring, capital raising, and M&A. He later founded Apollo Medical Solutions, a value-based program implementer for healthcare facilities, and Redbrick Capital, an investment firm. In 2021, Matt joined ScaleCo as a Partner, leading legal and the Michigan market. Matt has an extensive background advising, operating, and investing in small businesses. At ScaleCo, Matt is responsible for the Michigan market, legal processes, deal sourcing, and fundraising.

show moreless

Charles Harris, Partner, Business Development

Prior to ScaleCo, Charles Harris worked as a public finance investment banker. He founded Oakley Hunter & Company, where he provided buy...

Prior to ScaleCo, Charles Harris worked as a public finance investment banker. He founded Oakley Hunter & Company, where he provided buy side advisory for private equity firms and other strategic buyers. In 2021, Charles joined ScaleCo as a Partner, leading business development. Charles has extensive experience in generating investment opportunities for middle market private equity firms on a national scale. At ScaleCo, Charles is responsible for deal origination and network expansion.

show moreless