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Share this article Share this article CLEVELAND and PITTSBURGH, Feb. 4, 2021 /PRNewswire/ ScaleCo Management, LLC, a Cleveland-based private investment firm, is pleased to announce its investment in, and partnership with, employee assessment company PSP Metrics, Inc. PSP also provides talent and organizational development as well as succession planning. This is the ScaleCo team s 20 th platform investment from our thesis of engaging ambitious entrepreneurs to provide value to small companies. ScaleCo has developed an investment thesis to invest further in the human capital management industry, with plans to grow PSP organically and add on other companies. (PRNewsfoto/ScaleCo) Operating for more than 70 years, PSP has been a pioneer in the employee assessment industry. Dr. Gary Williamson, who has been a co-owner of the company since 2001, will become Chief Executive Officer and remains a significant investor. Dr. Steve Guinn, who has been a co-owner of the c ....
ScaleCo acquires Pittsburgh s PSP Metrics Print Cleveland private equity firm ScaleCo Management announced the acquisition of PSP Metrics Inc., a Pittsburgh-based firm specializing in talent and organizational development and succession planning. Financial terms of the deal were not disclosed. PSP, founded in 1946, describes itself as a provider of employee measurement tools serving a wide variety of industries throughout the United States and in numerous countries worldwide. The company delivers assessments for customers in the utility, business services, homebuilding and manufacturing industries worldwide, according to ScaleCo. Gary Williamson, a PSP co-owner since 2001, has been named CEO of PSP concurrent with the deal. Fellow co-owner Steve Guinn will stay with the company during the ownership transition. ....