Grant Thornton Advisors is set to acquire Stax, a global strategy consulting company focusing on commercial due diligence and value creation. Financial details of the deal remain undisclosed. Stax, based in Boston, operates in key financial markets and offers services to private equity firms, hedge funds, and investment banks. The acquisition will enhance Grant Thornton Advisors’ transaction advisory capabilities, with approximately 300 Stax employees expected to join the firm. The move aligns with Grant Thornton Advisors’ strategy to broaden its offerings and tech capabilities, following other recent acquisitions.

Read more at Yahoo Finance: Grant Thornton Advisors to acquire consulting firm Stax