Ropes & Gray Advises Audax Private Equity in Sale of Stout

Ropes & Gray represented Audax Private Equity in the sale of Stout, a global advisory firm specializing in corporate finance, accounting and transaction advisory, valuation and financial disputes, claims, and investigations. The sale closed on July 16 and was announced on July 28 in a press release.

Audax Private Equity is a capital partner for middle and lower middle market companies. With approximately $19 billion of assets under management as of March 2025, over 290 employees, and 100-plus investment professionals, Audax has invested in 175 platforms and more than 1,400 add-on acquisitions since its founding in 1999.

The Ropes & Gray team was led by private equity partner Ken Chow.