Stax Drives Digital Transformation and Builds Middleware Solutions for Tecomet

Stax Drives Digital Transformation and Builds Middleware Solutions for Tecomet

August 30, 2021
August 30, 2021

Share

Tecomet, a Charlesbank-backed provider of high-precision manufacturing solutions, chose Stax to improve its data-driven, decision-making capabilities. Tecomet has had multiple private equity owners (including Charlesbank in the past) and has grown through acquisition to 17 manufacturing plants. Stax worked remotely for a year during Covid to advance Tecomet's analytical capabilities and improve its access to data.


In this video Mat Ackerman, Executive Vice President of Strategy & Business Transformation, Tecomet, Inc., outlines three advantages Stax brought to this unique engagement:

• Stax provided the right combination of business, data, and technology expertise and understood the strategic use of data and effectively brought resources that can operate at the intersection of business and technology.
• 
Roots of Stax - a private equity orientation, understanding the pressures of working with private equity and the necessity to be results-focused and show value for the project quickly.
• A partnership-based engagement, 
Stax was able to convert skeptics to believers across the organization and defined a digital transformation roadmap for Tecomet, while outlining the realities of rectifying data issues within the organization.

EXPLORE STAX DATA ANALYTICS

Read More

Featured by Carta: After the “SaaS-pocalypse,” a new era begins for PE-backed software companies
By Palash Misra August 14, 2026
Palash Misra met with Carta to discuss the role of AI in SaaS investment and how investors are reprioritizing what they value in a business. Read the feature here.
Grant Thornton Stax Supports MainSail Partners in the Strategic Combination of MirrorWeb and Red Oak
August 7, 2026
Grant Thornton Stax is proud to have supported MainSail Partners in the strategic combination of MirrorWeb and Red Oak. Click to read more. ​
MSMs: Separating Durable Platforms from Disruptable Networks
By Tyler Veit & Kate Philbrick July 22, 2026
Multi-stakeholder models sit at an attractive intersection of fragmented markets and PE investors are looking to capitalize. Click here to read our latest insights on MSMs.
Grant Thornton Stax Provides Sell-side Support to Inspectorio on Investment by Apax
July 16, 2026
Grant Thornton Stax congratulates Inspectorio, a production-chain management platform, on its growth investment by Apax Digital Funds, the growth equity arm of Apax. Read more here.
From System of Record to System of Evidence: The Next Competitive Advantage in Vertical Software
By Kelsey Chisholm July 10, 2026
Competitive advantage in vertical software is increasingly becoming more prioritized. Read more to see how this shift is transforming software platforms.
Why Crane Services Is Becoming an Attractive Investment Opportunity for Private Equity
By Tyler Veit & Kate Philbrick July 10, 2026
The crane services sector is entering a new phase of investor attention as a result of several factors. Read about how cranes are offering new investment opportunities here.
Show More