Grant Thornton Stax Provides Sell-side Support to Altus Commercial Receivables on its Acquistion by Astira Capital Partners​

Grant Thornton Stax Provides Sell-side Support to Altus Commercial Receivables on its Acquistion by Astira Capital Partners​

September 29, 2025
September 29, 2025

Share

Grant Thornton Stax congratulates Altus Commercial Receivables, a leading provider of commercial receivables management solutions, on its acquisition by Astira Capital Partners. We are proud to have provided sell-side support to Altus, collaborating with their management team and investment bank, Guggenheim Securities, throughout this successful transaction.

Altus is a global provider of commercial receivables management and BPO services, helping businesses strengthen their credit-to-cash cycle. The firm supports CFO organizations in addressing challenges such as unpaid invoices and working capital pressures by combining deep industry expertise with advanced technology. Its approach integrates automation and data-driven analytics to simplify and accelerate both first- and third-party collections, ensuring security and compliance at every stage. Altus serves as a trusted partner to clients ranging from small enterprises to multinational corporations across diverse industries.

Contact the Grant Thornton Stax team to learn more:

Astira logo
Astira logo
Altus logo
Altus logo
Astira logo
Altus logo
Paul Edwards

Global Practice Lead

Will Barden

Managing Director

Sagar Bansal

Sagar Bansal

Director

Position

About Stax

Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, industrials, business and information services, healthcare and HCIT, consumer, and tradeshows and events. 

Read More

Featured in Financier Worldwide—Accelerating value in PE carve-outs: strategy and execution
By Phil Dunne & Peter Rodrigues-Renon November 11, 2025
Financier Worldwide discusses strategy and execution for accelerating value in PE carve-outs with Phil Dunne and Peter Rodrigues-Renon at Stax, including Gerard Nichol at Grant Thornton. Read more.
Key Considerations for Investors Exploring the Automotive Retail Tech Value Chain
By Sameer Tejani & Max Massaro November 6, 2025
Investment focus in automotive technology continues to broaden beyond OEMs to the core service ecosystem. Read what Sameer Tejani and Max Massaro see in the market.
Grant Thornton Stax Provides Sell-Side Support to SteelEye on its Merger With FundApps​
November 3, 2025
Grant Thornton Stax supported SteelEye, a leading trade and communications surveillance and data analytics platform, on its recent merger with FundApps. Read about the deal here.
Grant Thornton Stax Perspectives on the Growth Outlook of Data Centers
By Tyler Veit, Joel Slater, Kate Philbrick, & Tyler Michaels November 3, 2025
As data center development shifts toward larger builds, demand for specialized service providers, offering backup power, electrical systems, and cooling infrastructure grows. Learn more.
Grant Thornton Stax Appoints Chen Liu as Partner to Drive Growth in Technology and Education Sectors
October 30, 2025
Stax, part of the Grant Thornton Advisors LLC multinational platform, has announced the appointment of Chen Liu as Partner. Read more about Chen and his responsibility with the firm.
Education Growth Strategy: Rethinking the Commercial Engine
By Miriam El-Baz & Alex Erines October 30, 2025
Many PE-backed education companies struggle with commercial scaling. Miriam El-Baz, & Alex Erines share how to align commercial engines to how district and school leaders buy.
Show More