New Mountain Capital-backed Grant Thornton Advisors to acquire Stax.

New Mountain Capital-backed Grant Thornton Advisors, a management consulting services provider, agreed to acquire Stax, a strategy consulting firm. Financial terms were not disclosed. “With this bold move, we’re taking our platform to new heights — combining Stax’s top-tier talent with our own industry-leading professionals, while broadening our offerings and further elevating our tech capabilities. Stax has a decades-long legacy delivering transformative value to clients — similar to our own 100-year history. Together, we will generate bold results for a PE client base stretching from the Americas across Europe to the Middle East,” Jim Peko, Grant Thornton Advisors CEO.