Stax Inc. Brings Aboard Two Experienced Consulting Directors

         Stax Inc. Brings Aboard Two Experienced Consulting Directors

PR Newswire

BOSTON, May 23, 2013

BOSTON, May 23, 2013 /PRNewswire/ --Stax, the global strategy consulting
firm, is pleased to welcome Prashant Tewari and Palash Misra, two highly
seasoned professionals who have joined its Boston office as directors.

Prashant will be leading relationships for private equity and corporate
clients. He has over 16 years of corporate strategy and organic and
acquisitive growth globally. Prashant is an expert in M&A, investment due
diligence, growth strategy, new product/market entry, international expansion,
and business transformation. He has consulted for businesses in the
financial, technology, and the industrial manufacturing and chemicals
sectors. He has significant global exposure and has lived and worked in the
US, Europe, and Asia.

Prashant comes to Stax from his own consulting firm serving both corporate and
private equity clients. Before that, he was at global asset manager
AllianceBernstein, where one of his major roles was creating new products and
acquiring new services on asset management and investment strategy. He was
also an engagement manager at McKinsey & Co., as well as a banker at Standard
Chartered Bank, where he advised US and European businesses on M&A and capital
structure issues. Prashant holds an M.B.A. with honors from the University of
Chicago's Booth School of Management; another Master's degree in Business from
the Indian Institute of Management, where he was awarded the Director's medal
for academic excellence; and a B.S. from the Indian Institute of Technology.

Palash—who worked at Stax from 1999 to 2003—is rejoining our firm after seven
years as the Corporate Strategy and Development Director at Monster
Worldwide. With more than 14 years in corporate and strategy consulting
roles, Palash brings a strong background in both strategic synthesis and
implementation across a variety of project types—M&A/due diligence, growth
assessments, identification of new market opportunities, and competitive
strategy.

At Monster, his responsibilities included leading, assessing, and executing
strategic investments and acquisitions to expand Monster's footprint, boost
international reach, and grow share across key markets. Within flagship
markets, Palash evaluated Monster's business unit performance, focusing on
market trends, growth opportunities, and customer and competitive strategies
to increase business unit profitability.

During his earlier Stax tenure, Palash partnered with Fortune 500 and leading
private equity clients to address their strategic due diligence needs, working
heavily in the internet technology, healthcare, and retail sectors—and with
many of the same clients he'll be assisting today. He also authored one of the
first-ever research reports on the internet incubation industry, receiving
citation from National Public Radio and The Wall Street Journal. Before that,
he worked with Capgemini Consulting.

Palash holds an M.B.A. with Honors from the Wharton School of Business &
Finance at the University of Pennsylvania and a B.A. in Economics from Bowdoin
College, where he graduated summa cum laude.

"We're excited to add two consulting professionals of Prashant and Palash's
caliber to our leadership team," commented Stax President Mark Bremer. "They
bring even more depth to Stax's long-standing strength in strategy, profit
improvement, and M&A due diligence. The fact that we've brought them on board
speaks to how quickly demand is expanding for the high-quality services that
Stax offers."

About Stax

Stax Inc. is a global strategy consulting firm with offices in Boston,
Chicago, New York, and Colombo, Sri Lanka. Founded in 1994, Stax works with
clients ranging from the Fortune 500 and 14 of the 20 largest LBO firms in the
world, to middle-market private equity firms and their portfolio companies. It
provides a range of services that help management grow organically and make
better M&A decisions. For more information, visit www.stax.com. 

SOURCE Stax Inc.

Contact: John Smalley, 1-212-336-3827