Meet the Team Behind SCP
We are not simply acquiring companies — we are becoming stewards of something meaningful. We approach that responsibility with the seriousness it deserves: protecting culture, supporting employees, and ensuring the business continues to thrive well beyond the transaction.
Matt Malone is the Founder and Managing Partner of Succession Capital Partners (“SCP”). Since founding the firm in 2008, he has led more than 50 investments with a singular focus on blue-collar, skilled trade, family-owned businesses.
Mr. Malone is also the Founder and former CEO of Groundworks, North America’s leading foundation services platform. He built the first scaled platform in the category, growing the business to more than 85 locations across the United States and Canada. Through a combination of a merit-based culture, broad employee ownership, innovative technology, and world-class marketing, he led the company’s growth from $27 million in annual revenue to over $1.65 billion in just ten years. In 2023, he sold a controlling interest in Groundworks to KKR, further establishing the company as the industry leader. He continues to serve as Executive Chairman of Groundworks and as an Executive Advisor to KKR across home services and consumer investments.
Prior to Groundworks, Mr. Malone was the Founder and CEO of Shipyard Staffing, a specialized skilled trade staffing company serving the marine industry. With operations in Newport News, Jacksonville, Bremerton, and San Diego, the company became the national leader in marine skilled trade staffing. The business was sold to Peter Thiel’s Founders Fund in 2020.
Earlier, he was the Owner and CEO of Petrochem Recovery Systems, a hazardous waste cleanup and disposal business. He successfully exited the company in 2019 through a sale to Clean Harbors (NYSE: CLH).
Before founding SCP, Mr. Malone served as a Managing Director at Hunt Investment Corporation, the private equity division of Fortune 50’s Ray Hunt. Prior to that, he spent eight years as a Principal at Winston Partners, the Bush Family Office.
Mr. Malone’s investment philosophy is grounded in direct operational involvement. Unlike traditional financial sponsors, he and the SCP team act as true operators—working alongside management teams to drive strategic clarity, operational execution, and long-term value creation.
Every transaction is about more than a deal — it’s about finding the right fit for a business owner’s legacy and building something together that lasts.
Jack Anthony joined Succession Capital Partners in 2014, bringing deep expertise in business development, financial services, and entrepreneurship. As a Partner, Jack leads deal origination and business development efforts, serving as the primary point of contact for business owners, intermediaries, and investors considering a partnership with SCP.
Jack also served as President of Shipyard Staffing, SCP’s specialized skilled trade staffing company serving the marine industry — gaining hands-on operational experience running one of SCP’s core portfolio companies.
Before joining SCP, Jack was the co-founder of RTP Financial Services, LLC (PayPartners), which he built into a market leader in the pay-card category — helping small-to-mid-sized businesses transition to fully electronic payroll using MasterCard branded debit cards. PayPartners attracted more than 400 clients and 10,000 cardholders before Jack successfully sold the company to TransCard, LLC in 2013. Prior to PayPartners, Jack served as Executive Vice President of Business Development at Co-Advantage Holdings.
Jack’s experience as a founder and operator gives him genuine understanding of what business owners face during a transition — making him an effective and empathetic partner throughout the acquisition process.
Real estate is about finding the right opportunities that deliver reliable, sustainable returns with the safety our investors deserve.
Jimmy Flowers has been a real estate operating partner and investor with Succession Capital Partners since 2010, heading up SCP’s real estate vertical. Jimmy advises on and manages SCP’s real estate investment portfolio.
Jimmy currently leads all real estate efforts for Groundworks. Prior to that, he served as Managing Director with TARIS Real Estate, LLC in Chicago, a development firm specializing in ground-up and value-add projects. He previously founded Carolina Income Property Group, LLC in Charlotte, NC — including Morrison Plantation, a 500-acre mixed-use development with over 1.2 million sq ft of commercial and retail space and more than 500 homes.
Jimmy began his career at Childress Klein Properties and was a founding partner of The Nichols Company, a boutique commercial real estate brokerage in Charlotte. He holds a B.A. from Wheaton College and an M.S. in Real Estate Finance & Development from UNC Charlotte. He is a Certified Commercial Investment Member (CCIM) and member of CRCBR, ULI, and ICSC.
The financial backbone of any good firm is its people — the ones who keep everything running precisely so the team can focus on what they do best.
Jeannine Peregrine serves as SCP’s Director of Investor Relations and internal Finance Manager. She joined Succession in early 2014 as Bookkeeper for SCP’s first Hampton Roads acquisition, PetroChem Recovery Services. That same year she took on oversight of payroll at Shipyard Staffing, LLC, quickly rising to Finance Manager — managing a staff, overseeing weekly payroll for more than 200 workers, and handling all bookkeeping and accounts across both companies.
Jeannine’s background includes tenures at Hewlett Packard Company and First American CREDCO in San Diego, California. Prior to joining SCP, she spent eight years as a bookkeeper for a long-established electrical contractor in Virginia. Her breadth of experience across corporate finance, payroll, and investor relations makes her a vital part of the SCP team.
Technology is the backbone of every scalable business. My goal is to make sure every SCP portfolio company has the tools, systems, and infrastructure it needs to grow without limits.
Kim McDonald has been a partner and investor with Succession Capital Partners since 2017, serving as SCP’s technology advisor across all portfolio companies. Kim formerly served as Chief Technology Officer and President of Groundworks University for Groundworks Companies, an SCP portfolio company.
Prior to joining SCP, Kim served as Chief Operating Officer for KBH Business Management Systems, a software company that provided CRM/ERP solutions for companies in the foundation services industry. Before joining KBH in 2006, she owned and operated multiple technology and marketing companies across several industries — including construction, internet marketing and lead generation, and the travel industry.
Kim was recognized as a Top 40 Under 40 in Hampton Roads in 2018 in recognition of her leadership and charitable contributions to the community.
Strong investor relationships are built on trust, transparency, and a track record of doing what you say you’re going to do. That’s the standard we hold ourselves to at SCP.
Before joining Succession Capital Partners in 2016, Mr. Frey was the Chief Financial Officer of Alchemy Global Holdings, a boutique investment bank based in Charleston, South Carolina focused on the sports and entertainment industries.
Most recently, Frey served as CFO of Groundworks from 2018 to 2023, helping to guide the company’s extraordinary growth from a regional platform to North America’s leading foundation services company with over $1.65 billion in revenue.
Prior to Alchemy Global Holdings, Mr. Frey spent five years as a Managing Director at Winston Partners, a private equity firm in the Washington, DC area owned by Marvin Bush. Before Winston, he was a Vice President at J.P. Morgan & Company in Manhattan in the Mergers & Acquisitions Advisory Group.
Mr. Frey graduated from the University of Virginia’s Darden School with an MBA and also holds a B.A. from the University of Virginia. Since 1995, Frey has published 22 novels by Penguin Putnam, Random House, Simon & Schuster, and Thomas & Mercer.