Scalar LLC, a valuation firm for tax, financial reporting and transaction advisory services, has acquired the valuation division of GuideCap Partners, a middle-market investment bank.
GuideCap’s services are focused on financial advisory, mergers and acquisitions, equity and debt financing, fairness opinions and valuations services. With this deal, Scalar will retain current GuideCap employees and will service and support existing GuideCap valuation customers. Scalar, with offices in Draper, Utah and Argentina, will also have an office presence in Dallas with the acquisition.
“We can now focus exclusively on our core investment banking business,” comments Kevin Ainsworth, founder and managing partner at GuideCap Partners. “We have great respect for Scalar and share similar values of excellence and customer service.”
“GuideCap has built a customer base of some of the largest and most prestigious private equity firms in the U.S.,” says Zak Nugent, CEO of Scalar. “Our business principles and cultures match, which will allow us to provide GuideCap clients with the continued exceptional service they’ve come to expect.”