What We Did

Looking back on 2019, we're proud of all we accomplished. Highlights from the year include: expanded global capabilities with new offices in Europe as well as San Francisco; new practice groups and professionals; leading editorial insights; and thousands of client matters across our firm.

Continuing Our Revenue Growth

In recent years, Stout has seen sharp revenue growth, and last year was no exception. In 2019, Stout’s annual revenue increased by 20% to nearly $163 million, a sign of our hard work and commitment to clients.

$1
1996
$2
1997
$4
1998
$4
1999
$6
2000
$6
2001
$8
2002
$10
2003
$12
2004
$18
2005
$23
2006
$29
2007
$34
2008
$35
2009
$35
2010
$40
2011
$48
2012
$71
2013
$79
2014
$91
2015
$113
2016
$118
2017
$135
2018
$163
2019
[U.S. operations, $ in millions USD]

Global Expansion

Stout broadened its global reach in Europe with three new offices in Berlin, Milan, and London (as of January 7, 2020). We also opened a San Francisco office.
STOUT GLOBAL REACH

About Us

Stout is a leading independent provider of Investment Banking, Valuation Advisory, Dispute Consulting, and Management Consulting services. With 24* offices globally, we serve a range of clients, from large corporations to privately held companies in numerous industries throughout the world. Our clients and their advisors rely on our premier expertise, deep industry knowledge, and unparalleled responsiveness on complex matters.
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Notable awards received

U.S. and Global Fairness opinions Ranking

Stout once again was named one of the top fairness opinion providers, as recognized in Refinitiv’s Global Mergers and Acquisitions Review. In 2019, Stout ranked second in the United States and third globally. Since 2012, Stout has consistently ranked as a top fairness opinion provider. Our professionals leverage the firm’s extensive investment banking and valuation experience to assist clients in making sound business decisions and completing their critical transactions. We understand the complexity and uncertainty inherent in completing a deal and are committed to navigating through the “noise” to provide timely, sophisticated, and reliable advice.

Mid-Size Company Turnaround of the Year

The Turnaround Management Association (TMA) has awarded Stout with the 2019 Mid-Size Company Turnaround of the Year Award. The award is in recognition of Stout’s work on the Acadiana Management Group (AMG) turnaround. AMG, a privately owned operator of long-term acute-care hospitals and inpatient rehabilitation services, completed its restructuring and emerged from bankruptcy on May 8, 2018. Stout served as the debtor’s exclusive financial advisor throughout the process.

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Hines Green Office

In August, Stout’s Los Angeles Office was recognized with the Hines Green Office Award. The Hines Green Office program is created to measure and reward sustainability practices within companies and offices in Hines Buildings worldwide. The award not only recognizes the energy-saving efforts taking place in our Los Angeles office, but also Stout’s overall commitment to sustainable practices as the firm designs and builds new offices around the globe.

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Right to counsel Legislation

For several years, Stout has partnered with legal services groups and conducted in-depth cost-benefit analyses regarding the legal right to counsel in eviction matters. Our efforts have directly contributed to new right to counsel legislation in New York and Philadelphia. A profile on right to counsel efforts nationwide was featured in the recent Fall/Winter 2019 Edition of The Journal.
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PGA BRAND AMBASSADOR – Sam Ryder

Stout is pleased to have established a multi-year sponsorship agreement with PGA Tour player Sam Ryder. He embodies Stout's personality and is incredibly hardworking, poised, and relationship-driven. We are proud to have Sam represent our brand promise of Relentless Excellence. Read more about Sam’s drive for success.
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Insights for Informed Decision Making

Stout’s professionals regularly act as thought leaders. Throughout the year, we showcase our expertise through articles, reports, guidance documents, and industry updates on important topics and trends. Below are a few highlights from 2019.

The Journal
The Journal is a semiannual publication featuring leading insights from Stout's in-house experts. Each issue highlights a variety of topics across investment banking, valuation advisory, dispute consulting, and management consulting.
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Automotive Defect & Recall Report
Based on Stout's extensive experience serving automotive industry clients, this report is packed with data and insights to help inform and shape future recall risk management strategies.
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Industry Updates
Our investment banking experts leverage their substantial industry knowledge to provide regular updates on recent trends and activity in the M&A and private equity markets.
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Court Case Reviews
We utilize our extensive experience both inside and outside of the courtroom to research court cases and provide expert analyses on significant matters.
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Litigation Readiness Assessment
Score yourself against best practices and trends to ensure your department is ready to respond to litigation with the strongest balance of planning and execution as possible.
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Premium Client Service
We always aim to go above and beyond expectations to yield successful outcomes for our clients. Our approach to putting our clients first is grounded in our core principles: Positive & Team-Oriented, Accountable, Committed, Entrepreneurial, Relationship-Focused, and Super-Responsive & Great Communicators.
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Continually Striving to Exceed Expectations

To ensure outstanding service, we regularly survey our clients about our efforts. Since 2016, our net promoter score – an industry-standard measure of our clients’ willingness to recommend Stout’s services on a scale of -100 to +100 – has been +90, a sign of our clients’ trust and positive feedback.

What Clients are Saying About Us
“[Your professionals] are extremely good communicators. My partner and I are new to firm valuation with a potential purchase, yet [your team] did a wonderful job explaining options, information needed (and why), and an overall understanding of the process. I absolutely unequivocally would (and will) recommend Stout.”
Managing Partner – Architecture Firm
“The team is very knowledgeable on complex matters, including valuing various put and call arrangements. I would also comment that the ability to walk the external auditors through conclusions and support managements position is very helpful.”
CFO – Corporate Investment Firm
“Excellent work understanding a somewhat unusual business and delivering a thoughtful fairness opinion. Very balanced.”
Managing Partner – Architecture Firm
“I had an extremely compressed timeline, and your team worked very hard to deliver successfully within the time constraints.”
CFO – Healthcare Technology Company
“The team assigned to our project were great, and they guided us through the process as it was our first time. We appreciate the patience, attention to detail, and excellent communication from the entire team!”
Controller – Electrical Products Distributor
“[Your expert] did a great job for us in identifying a best match partner and in maximizing our economic result.”
Physician – Leading Surgical Practice
“I am very impressed with Stout. Keep up the great customer service.”
CAO – Global Media Company
"Your responses to inquiries were extremely timely. Also, the dedication to meeting our deadlines was fantastic. The project timeline was extremely tight, and your team did an excellent job of ensuring milestones were met which kept everyone on track."
Vice President – Consumer Manufacturing Firm
“I have already recommended Stout to [other] companies.”
CEO – Energy Products Supplier

trusted by leading brands from around the world

Strengthening Our Track Record of Delivering Results

We have significant expertise providing services spanning a wide range of industries and practice areas. As always, we are honored to serve our clients for their most important and complex engagements. Click any of these tiles to read about some of our engagements from the past year.

Explore all stout experience
New Practice Areas & senior Talent bring expanded capabilities
Expanding our service offerings and adding key senior professionals has been essential to the firm’s growth and success. In the past year, we added three new practice areas, welcomed many Managing Directors and Directors to Stout, and recognized many senior-level promotions within the firm.

New Practice Areas & senior Talent bring expanded capabilities

Our senior professionals are essential to the firm’s growth and success. In the past year, we welcomed many Managing Directors and Directors to Stout, recognized many senior-level promotions within the firm, and broadened our service offerings with new practice areas.

Transformative Change Consulting

Stout’s new Transformative change consulting practice delivers strategic solutions for complex social and economic matters. Stout has assisted with the development and passage of landmark legislation and legislative reforms, transformative industry and social change initiatives, and innovative strategic plans for private corporations, non-profit organizations, and government agencies.
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Technical accounting consulting

Stout’s new Technical Accounting Consulting practice assists companies in navigating the complex and time-consuming process of meeting accounting and financial reporting requirements of non-recurring transactions. Our professionals’ large-firm technical knowledge combined with a practical, hands-on approach uniquely positions Stout to deliver accounting horsepower and expertise around esoteric accounting topics.
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ARTIFICIAL INTELLIGENCE & Digital Transformation

Stout's Artificial Intelligence and Digital Transformation services combine our professionals’ human intellectual capital with AI and automated technology to deliver insights, analyses, and predictive models that have a measurable impact on profit.
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Senior-Level ADditions

Mark Abbott

Investment Banking

Simone Bassanini

Investment Banking

Matt Clark

Valuation Advisory

Pankaj Gujral

MANAGEMENT Consulting

Mike Gorman

Investment Banking

Steve Hills

Management Consulting

Drew Hoskins

Valuation Advisory

Ann Huynh

Disputes, Compliance, & Investigations

Fotis Konstantinidis

Management Consulting

Giacomo Mogni

Investment Banking

Walter O'Haire

Valuation Advisory

Joel Cohen

Investment Banking

Luis Pillich

Investment Banking

Mathis WIlke

Investment Banking

Newly Promoted Managing Directors

Colin Gray

Valuation Advisory

Matt Hricko

Valuation Advisory

John Lahti

Investment Banking

Christopher Merley

Investment Banking

Kevin Pierce

Disputes, Compliance, & Investigations

Pankaj Gujral

Valuation Advisory

Drew Hoskins

Investment Banking

Ann Huynh

Disputes, Compliance, & Investigations

Fotis Konstantinidis

Disputes, Compliance, & Investigations