Scale Finance

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  • September 9, 2017

Scale Finance Closes Sales of North Shore Resorts and Luna Sands Resort to TRA


Southern Pines, North Carolina — Travel Resorts of America (www.travelresorts.com) recently announced the acquisitions of North Shore Resorts in Georgia and Luna Sands Resort in Florida. These acquisitions add an eighth and ninth RV membership resort to the company and continues its strategy of providing the highest quality RV resorts to its members up and down the eastern United States.

Scale Finance Managing Director Gerhard Renner, who also serves as Travel Resorts Chief Strategy Officer, advised Travel Resorts on these strategic growth transactions from beginning to end. Terms of the transactions were not disclosed.

Travel Resorts of America provides a unique quality in a camping membership: the pride of ownership. Unlike other camping clubs, Travel Resorts of America owns and maintains luxury RV resorts that have set the standard of quality and amenities shared throughout the Travel Resorts RV parks network. TRA’s resorts feature spacious RV sites, a better camping experience, a safer environment and a more family-friendly atmosphere that the typical RV clubs can provide.

This is Travel Resorts of America’s first acquisition in the Georgia market and second acquisition in the Florida market, with other properties previously acquired in New York, Ohio, Pennsylvania, and North Carolina in recent years.

About Scale Finance

Scale Finance LLC (www.scalefinance.com) provides contract CFO services, Controller solutions, and support in raising capital, or executing M&A transactions, to entrepreneurial companies. The firm specializes in cost-effective financial reporting, budgeting & forecasting, implementing controls, complex modeling, business valuations, and other financial management, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies at various stages of development from start-up to tens of millions in annual revenue. Scale Finance has multiple offices in the Carolinas including Charlotte, Raleigh/Durham, Greensboro, and Wilmington with a team of more than 45 professionals serving more than 120 companies throughout the region.

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Knowledge Bank

Top 4 Reasons M&A Deals Fall Through

Business Valuation – How to Think about Pre/Post Money Valuation

Handling Corporate Shareholder Loans

State of the Venture Market – May 2017

9 Alternative Sources of Financing

What Makes a Good or Bad Audit Committee?

Organic Versus Inorganic Growth

Selling a Distressed Company – Achieving a “Best Possible” Outcome

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Media

Scale Finance Managing Director Dave Gilroy interviewed on WSIC Radio (local Fox affiliate) Feb 2014

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  • CIE Life Sciences Panel Discussion
  • Why Use Fractional CFO Services

FINACA is a nationwide network of independent finance and accounting consulting firms focused on delivering exceptional client service.

FINACA is a nationwide network of independent finance and accounting consulting firms focused on delivering exceptional client service.

Scale Finance, LLC

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Scale Finance Closes Sales of North Shore Resorts and Luna Sands Resort to TRA

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