Scalare’s Growth Strategy Faces Test with Planet Startup Integration
Scalare Partners has acquired Brisbane-based virtual CFO provider Planet Startup, enhancing its services for early-stage tech ventures and signaling continued growth through strategic acquisitions.
- Acquisition of Planet Startup strengthens Scalare’s virtual CFO service offering
- Deal includes $150,000 cash and $450,000 in shares at a 57% premium
- Planet Startup expected to be EBITDA and cash flow positive from FY26
- Fifth acquisition by Scalare since April 2023, reinforcing growth strategy
- Planet Startup’s CEO Marc Orchard to remain leading the business
Strategic Acquisition to Boost Services
Scalare Partners (ASX – SCP) has announced the acquisition of Planet Startup, a Brisbane-based virtual CFO (vCFO) service provider focused on early-stage technology companies. This move is designed to deepen Scalare’s engagement with tech founders by expanding its financial advisory capabilities, a critical support area for startups navigating growth and investment readiness.
Founded in 2022, Planet Startup has quickly established itself as a trusted adviser, delivering financial insights and strategic guidance to emerging tech ventures across Australia. Despite its youth, the company has demonstrated consistent profitability and a 26% revenue increase from FY24 to FY25, underscoring its rapid growth trajectory.
Deal Structure and Financial Impact
The acquisition consideration comprises a $150,000 upfront cash payment and $450,000 in Scalare shares issued at a 57% premium to the last closing price, reflecting confidence in the combined entity’s future prospects. The shares will be escrowed until November 2026, aligning incentives for long-term value creation.
Scalare expects Planet Startup to contribute positively to EBITDA and cash flow from FY26, enhancing the company’s overall financial performance. With no debt and a solid cash reserve, Planet Startup is well-positioned to integrate smoothly into Scalare’s ecosystem.
Building a Cohesive Ecosystem
Planet Startup will become the flagship brand for Scalare’s vCFO service line, consolidating expertise and broadening the customer base. This acquisition complements Scalare’s existing portfolio, which includes Tank Stream Labs, Inhouse Ventures, Tech Ready Women, and the Australian Technologies Competition, all acquired since April 2023.
By embedding vCFO services within its accelerator framework, Scalare aims to provide founders with deeper financial insights and stronger support networks, ultimately fostering more sustainable growth and investment readiness across its portfolio companies.
Leadership Continuity and Growth Prospects
Marc Orchard, Planet Startup’s founder and CEO, will continue to lead the business post-acquisition, ensuring continuity and leveraging his expertise to drive further expansion. Both Scalare and Planet Startup emphasize cultural alignment and shared vision, which should facilitate a seamless integration and collaborative growth.
Scalare’s CEO Carolyn Breeze highlighted the acquisition as a key milestone in the company’s disciplined growth strategy, reinforcing its commitment to supporting technology founders through a comprehensive suite of services and strategic partnerships.
Bottom Line?
As Scalare integrates Planet Startup, investors will watch closely for the impact on FY26 earnings and the company’s next moves in its acquisition-driven growth journey.
Questions in the middle?
- How will Planet Startup’s integration affect Scalare’s overall service delivery and client retention?
- What are the risks associated with the escrowed shares and their impact on liquidity?
- Will Scalare pursue further acquisitions to consolidate its position in the virtual CFO and tech startup services market?
