ScaleCo Names Ashley Alber and Donnie Bedney as Partners
January 27, 2023
ScaleCo is pleased to announce that Ashley Alber, formerly ScaleCo Principal, and Donnie Bedney, ScaleCo Operating Partner and President of PSP Metrics (“PSP”), have recently been promoted to Partner.
Ms. Alber joined ScaleCo in early 2022 as Principal, where she held the primary role of leading operations of ScaleCo partner companies, overseeing developments in accounting and finance, team alignment, organic revenue growth, technology enablement and corporate development. In her role as Partner, Ms. Alber will continue her role as leader of partner company operations, as well as ScaleCo internal operations, deal execution, fundraising and due diligence.
Mr. Bedney joined ScaleCo in 2020 as an Operating Partner and has since led PSP Metrics, a ScaleCo Fund IV partner company, as President. PSP was founded in 1946 amongst the pioneers in the research-based employee testing industry. For over 75 years, PSP Metrics has produced adaptable, science-backed measurement systems for objective decision-making. Based in Pittsburgh, PA, the company efficiently delivers custom solutions across four segments: employee testing, talent development, succession planning, and organizational development. PSP Metrics provides these assessments to a wide range of blue-chip companies in the utility, business services, homebuilding, and manufacturing industries to a global network of more than 23 countries. As a ScaleCo Partner, Mr. Bedney will lead portfolio operations for multiple investments, and support the fundraising team.
“Since joining ScaleCo, Ms. Alber and Mr. Bedney have continued to believe in the ScaleCo vision and story. Their strong leadership and diverse skills sets will continue to support our existing partner companies, and committed capital fund. We are proud to announce this tremendous accomplishment”, says Brendan Anderson, Founder and Managing Partner of ScaleCo.
The announcement of Ms. Alber and Mr. Bedney’s new roles come as ScaleCo continues to invest out of its fourth committed capital fund, consisting of three portfolio companies: PSP Metrics (Pittsburgh, PA), Innoplast (Garfield Heights, OH), and TPI Efficiency (Cleveland, OH).
ScaleCo’s committed capital fund acquires controlling interest in transformable private companies within driving distance of Cleveland, Ohio. ScaleCo uses a scalable search model; a blended model that combines traditional Private Equity deal 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 matched our partner companies with an experienced Operating Partner who works closely with management to develop a shared vision and growth plan. ScaleCo always takes an active approach in the implementation of EOS and the TAC Method™ to scale our investment platforms into transformed companies. ScaleCo invests out of its committed capital fund (ScaleCo Fund IV). For additional information, please visit www.scaleco.com
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