Clearsight Advises Stax in Recapitalization by Blue Point Capital Partners

Clearsight Advises Stax in Recapitalization by Blue Point Capital Partners

Rafi Musher, Mark Bremer • November 18, 2021
Rafi Musher, Mark Bremer • November 18, 2021

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This press release was published on clearsightadvisors.com, November 18, 2021.


Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Strategic Consulting, Data & Analytics, and Business Advisory practice. Clearsight served as the exclusive advisor to Stax (“Stax” or the “Company”) in its recapitalization by Blue Point Capital Partners (“Blue Point”). This marks Clearsight’s 11th strategy consulting transaction in the last 12 months and reinforces Clearsight’s role as the leader in the space.


Stax is a global management consulting firm serving private equity clients and their portfolio companies across a broad range of industries, including software, technology, healthcare, business services, industrial, consumer/retail, and education. Stax employs ~230 people across offices in Boston, Chicago, New York, and Colombo, Sri Lanka. The Company has capitalized on the growth in the private equity industry and the subsequent evolving need for specialized consultants.


With an emphasis on industry content, and utilizing a highly unique, proprietary data & analytics enablement process, Stax advises leading private equity firms and their portfolio companies in commercial due diligence, evaluating opportunities, understanding markets, developing growth strategies, data & analytics design and implementation, building long-term value and strategic differentiation and exit planning. Stax’s executive leadership team hired Clearsight to help them find a true partner – not just capital – as the Company expands into new markets and brings on more top-tier talent. Ultimately, the Stax team felt the right partner was Blue Point.


On working with the Clearsight team, Rafi Musher, Founder and CEO of Stax, commented, “Clearsight understood our business, end market, and growing needs for commercial due diligence, value creation, data & analytics, and exit planning for private equity. Clearsight has been a great partner, helping our company holistically, not just with this deal process, and we are excited to work with Blue Point to take Stax to the next level.”


Stax President Mark Bremer noted, “Clearsight invested time in us from early on and helped us think through a structure to support current leadership and recruit future top talent for the accelerated growth opportunities ahead of us.”


Clearsight Co-founder and Managing Director Joel Kallett remarked, “The entire Stax team built an extraordinary consulting firm with superior capabilities and a forward-thinking vision by specializing in private equity clients and building a data & analytics practice that understands the PE portfolio company needs. We continue to see tremendous interest in the private equity market as a vertical for high-end tech-enabled services and we continue to see strong interest in firms with data & analytics capabilities. With Blue Point’s partnership, Stax has a bright future ahead.”


Brendan Curran, Vice President at Clearsight, added, “It’s an exciting time to be a player in the rapidly growing PE services market. It was a pleasure working with Stax’s amazing leadership team and we look forward to continuing to help them on this journey.”


The Clearsight deal team included Joel Kallett, Brendan Curran, Phil Loria, Jake Lipman, and Austin Stengle.

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