March 18, 2022 • News, Team
ScaleCo Names Andrew Newsome as Vice President
We are pleased to announce that Andrew Newsome has been named as Vice President at ScaleCo.
In his role as Vice President, Mr. Newsome is primarily responsible for managing the pipeline of ScaleCo Operating Partners. This development includes search fund investors, middle market PE firms, and independent sponsors. He will oversee developments to the Scale Community.
Andrew Newsome began his career as a Business Analyst at ZS Associates in the Greater Chicago Area where he gathered market research, developed go-to-market strategies, and implemented best practices for clients. After moving to Cleveland in 2018, Mr. Newsome joined Flynn Restaurant Group as Chief of Staff. In his role, he was responsible for overseeing strategic business initiatives from development through successful execution. In 2020, Mr. Newsome transitioned to a role as a Strategy and Operations Manager at McMaster-Carr, an international distributor of industrial supplies. Mr. Newsome is an experienced management professional with a demonstrated history in growing and scaling businesses.
Mr. Newsome was selected for the Crain’s Cleveland Business ‘20 In Their Twenties’ List in June 2020. He also Co-Founded 4Brothers4Empowerment in 2016, a Nashville based scholarship program which gives away 5 annual scholarships to black male high school seniors in Nashville public schools.
“As we continue to build out the ScaleCo team, we are eager to welcome Andrew,” said ScaleCo Founder & Managing Partner, Brendan Anderson. “We look forward to expanding the Scale Community and pipeline of future business owners.”
“I am incredibly excited to work with the ScaleCo team, and work with talented future business owners. There is an amazing opportunity to match great small businesses with exceptional operators across the region. I look forward to helping expand the Scale Community,” said Mr. Newsome.
ScaleCo’s investment strategy focuses on transforming small, plateaued, profitable businesses into sustainable growth companies by engaging ambitious — and often, first-time — entrepreneurs who have been trained to run companies with an outward, growth mindset.
Linkedin: Andrew Newsome
About ScaleCo
ScaleCo Capital is a Cleveland-based lower middle market private equity firm that focuses on control-oriented leveraged buyout and growth equity investments in fast-growing companies based primarily in the Great Lakes region. ScaleCo partners with companies in the verticals of business services, tech-enabled services, value added distribution and assembly, and training, compliance, and education sectors, bringing operational expertise and strategic resources to scale their growth potential and build long-term value. To learn more, visit scaleco.com.
