Stax Inc, an analytically-driven global M&A strategy consulting firm management consultancy with offices in Sri Lanka and the United States secured a strategic investment from a US-based private equity firm, Blue Point Capital Partners.
“Blue Point was a clear choice to be the first institutional investor to partner with Stax given their team’s superior understanding of the specialty consulting space, global view as a mid-sized firm, and true partnership mentality,” said Stax Founder & CEO Rafi Musher.
Founded over 25 years ago by CEO Musher, and with offices in Boston, Chicago, New York and Colombo, Sri Lanka, Stax is a leader in providing strategic, actionable specialty consulting services. President Mark Bremer joined the firm a short time later, instilling a focus on analytics and data-driven insights.
“This investment puts Sri Lanka on the map with global investors and will create more high-end job opportunities in the knowledge services sector,” Stax Managing Director Kumudu Gunasekera said.
Stax differentiates itself within the banking and private equity sectors by infusing extensive industry expertise and data analytics capabilities into strategy engagements and market studies – unlocking additional value in sell-side processes and portfolio companies
“Stax is a true leader in its space and has a highly-skilled, tenured management team – every Managing Director has more than a decade with Stax advising clients in the sector.We are enthusiastic about working alongside them to accelerate and enhance the value of the platform on a global scale, particularly by leveraging our Data & Digital, Human Capital and M&A Execution capabilities,” said Blue Point Principal Jeff Robich.
Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors while providing the perspectives and resources of a global organization.
Blue Point typically invests in businesses that generate between $30 million and $300 million in revenue.