Founded by former TelWorx Communications CEO, Tim Scronce, Scronce and Associates, LLC is a private equity group that invests in small-to-mid size, entrepreneurial companies that are in transition and need both financial and business support. Scronce and Associates is based in Winston-Salem, NC with a geographic focus within the Southeast United States.
Businesses experience several critical phases in their life cycle. Entrepreneurs who have built businesses know there is that unique moment in the growth of a company where it becomes too small to be big and too big to be small. This phase can be “make or break” for business owners due to a number of growth related challenges occurring simultaneously when a company might not have adequate resources to take it on. Business owners may have an idea in mind of where they want to take their company, but lack the direction and resources to get there.
Scronce and Associates is dedicated to helping businesses during this critical period and making it possible for them to take that next leap forward. Through a combination of small business financing and advising, our team enables previously undiscovered companies to get where they want to go without tying on the risk that can often be a part of that process.