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

Feat. by Euronews—Why more PE is entering the travel sector
May 7, 2025
Andrew Keller was featured by Euronews where he shared his thoughts on the uptick in PE involvement in travel and the factors that may be at play. Read the full story here.
Stax Sell-side Support: Vision Government Solutions on its Recapitalization by Great Hill Partners
May 6, 2025
Stax provided sell-side support to Vision Government Solutions on its Recapitalization by Great Hill Partners, working closely with the Vision management team and their investment bank, Shea & Co. ​Click to read more.
Beyond the Sale: Why Exit Planning Starts on Day One
By Will Barden, Roy Lockhart, & Sam McCabe May 5, 2025
Exit planning is critical from day one in today’s competitive M&A landscape. Learn how proactive value creation, sell-side market studies, and strategic diligence help private equity firms and management teams maximize deal outcomes and attract premium buyers.
Stax Sell-side Support: Equity Methods on its Acquisition by HGGC​
April 29, 2025
Stax supported Equity Methods, provider of executive & stock-based compensation reporting, valuation, and advisory services, on its recent acquisition by HGGC. Read more.
Stax Named a 2025 Top Consulting Firm by Management Consulted
April 25, 2025
Stax is honored to be recognized once again as a Top Consulting Firm by Management Consulted. Click learn more about the criteria behind the award and how Stax continues to grow.
Featured by StacheCow: Private Equity Insider: What We Look for in a Brand — Paul Edwards, Stax
April 25, 2025
Paul Edwards was approached by StacheCow to discuss the top traits PE firms look for in a brand, the importance of leadership, and how to prepare for a stronger, smoother exit. Read more.
Show More