Audax-backed Stout to acquire The Claro Group.

Audax-backed Stout, a global investment bank and advisory firm, to acquire The Claro Group, a strategic and financial consulting firm. Financial terms were not disclosed. "Joining Stout is Claro's next step to offering an even more robust suite of services and creative solutions to our clients. Stout's commitment to providing best-in-class service and strong emphasis on culture align well with Claro's core values. We are very excited to be a part of the Stout team and look forward to being a part of its continued growth," John Cadarette, The Claro Group Chairman.