Scalar LLC, a Draper-based business valuation firm, has acquired the valuation division of CapGuide Partners, a middle-market investment bank specializing in mergers and acquisitions and primary capital financings based in Dallas.
Scalar will retain current GuideCap employees and will service and support existing GuideCap valuation customers, a company release said. With the acquisition, Scalar, with offices in Draper and Argentina, will establish an office presence in Dallas.{mprestriction ids="1,3"}
“We’re excited to integrate GuideCap’s private equity focused offering into Scalar’s business,” said Zak Nugent, CEO of Scalar. “GuideCap has built a customer base of some of the largest and most prestigious private equity firms in the U.S. Our business principles and cultures match, which will allow us to provide GuideCap clients with the continued exceptional service they’ve come to expect.”
Scalar, which recently made the Inc. 5000 for the fourth time, employs more than 75 valuation professionals and has valued more than 5,000 companies and completed more than 18,000 valuations.
“This acquisition is a win-win for everyone — companies, employees and private equity firms,” said Kevin Ainsworth, founder and managing partner at GuideCap Partners. “We can now focus exclusively on our core investment banking business. We have great respect for Scalar and share similar values of excellence and customer service. We know our valuation employees and customers are in excellent hands.”{/mprestriction}