Stax promotes Tyler Veit to managing director

Stax, a mergers and acquisitions (M&A) consulting firm, has promoted Tyler Veit to managing director.

Based in Chicago, Veit leads the firm’s business services vertical, which supports clients across the private equity lifecycle in tech-enabled services, professional services, and commercial and facility services.

Veit has been at Stax since 2017, joining the firm as a manager and being named a director in 2022. He has extensive experience providing private equity and portfolio companies with consulting in M&A due diligence, opportunity identification and prioritization, go-to-market strategy development, and business model development.

Before joining Stax, Veit spent two years at Capgemini Consulting, where he was a senior consultant advising large corporations on strategy and operations. Earlier in his career, he spent three years at PE firm Equus Capital Partners, where he was an analyst focusing on financial underwriting.

Veit has an MBA from Northwestern University and a bachelor’s degree in finance from the University of Wisconsin-Madison.

“We are incredibly proud of Tyler's achievements within the firm, and I extend my heartfelt congratulations to him on reaching this milestone at Stax," said Jayson Traxler, CEO of Stax. "Tyler has greatly enriched and successfully commercialized our business services content.”

Veit added, "I am thankful to be part of the firm during this remarkable period of growth and to now be part of the leadership team. As Stax continues to expand our services, enter new markets, and strive to deliver the highest level of service to our clients, I also want to express my gratitude to our clients for their trust and the opportunity to support them in making critical investment decisions."

Stax specializes in commercial due diligence, value creation, and exit planning for private equity firms, portfolio companies, hedge funds, and investment banks. The consultancy has more than 300 global professionals across offices in Boston, Chicago, New York, London, and Colombo, Sri Lanka.

The firm earlier this year promoted Roy Lockhart to managing director and leader of the sell-side and exit planning practice.